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Nervous and wondering if this new test will have an impact on Avacta, the news broke 24 hours ago and we followed that with a great day. The market has already digested this in my opinion.
Secondly it needs medical assistance and equipment to carry out the test.
Thirdly, if the government will order 10m straight off the bat (at probably much higher cost than LFT) imagine how many of Avacta they will buy. As well as many other governments around the world, businesses, public etc etc.... wow!
Well done to them. But Avacta will be the real game changer. Not long to wait.
this distribution agreement, to me this RNS shows they are extremely confident the test will reach market. The margin on POC tests direct to consumers will be significant of which Sir Al has stated there will be a requirement for “hundreds of millions”. Imagine what that will do to Avacta market cap alone. Aside from this agreement many governments will purchase in vast amounts and distribution to business is non exclusive. This is just one of many avenues Avacta can explore.
I remember a week or two ago people were hoping that Avacta would be able to distribute to end user / consumer for a bigger slice...... well ..... there you go, in black and white.
Happy with the news. Much more to come in my opinion.
Given that Cytiva already have a number of Avacta’s Affirmers, I really wouldn’t be surprised to see a partnership announcement in the not too distant future also stating that work to develop the preventer has already commenced.
I had a small punt on Friday mainly due to boredom and the iratic sp movement. However, after researching the co over the weekend, I�m very tempted to buy a bigger stake tomorrow should I manage to get a good position. Very interesting co with what looks like huge potential.
Surprised this isn't flying off the back of that RNS
There was only one rns at 12p stating a duster, does anyone think it would of been his as hard? The sp has been hit twice. 30% then 70%. I'm not a holder here, but very tempted. I'm thinking 70% off 12p for a duster is approx 3.6. I'm relatively new to this game I'll admit so please correct me if you think I'm talking tripe! In my opinion this is oversold. If I wasn't tied up in other stocks I'd dip my toe in for long term. See how things pan out over the next few days / weeks.