RE: Misled9 Jul 2021 15:47
For what its worth here's my view. I like many bought this share on the back of a detailed analysis. I bought not in the hope of achieving 100% but 10 times that, call me greedy if you like. Covid has served to establish the AffiDX brand and Avacta is at this moment pursuing an addressable market of around 8 billion dollars through discussions with various majors who may adopt Affimers in their tests, nothing to do with Covid. Lets imagine half of those come to fruition, suddently Avacta is earning a conservative 200 million dollars per annum each and every year for the forseeable future. In comparison a one-off Covid (not forgetting all the misery Covid has caused) bonansa is not that significant. I would be happy with 60m this year, a couple of years cash burn. This is but one smallish part of the Avacta story. They can take this to 100p but I wont be selling any this side of 10 pounds and for the most part I will be holding untill 25. Avacta is a major company in the making and shareholders have a chance to be part of the story. No gain without pain as they say. All in my own opinion and not advice but I'm very much on the same page as Al regarding how big this company is going to get. Now you may know of a better investment, but I dont. Just, in the words of the song, "need a little patience" and for your own sanity to stop looking at the share price ever day. Oh one other thing , I dont think its very smart to short this baby. Good luck all.