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Heathrow flights were down over 80% Sept 2020 compared to Sept 2019. So even if they are currently using an alternative test to AVCT, there will be increasing levels of demand for a superior/quicker/cheaper test as we move into 2021 and beyond.
There's no rush, better to get it right and to paraphrase Al from the recent trading update ' we are not remotely worried about demand for AVCT tests'
https://www.cityam.com/london-heathrow-passenger-numbers-plummet-more-than-80-per-cent-in-august/
Testing yourself the day before or the morning of a flight will be fine but what happens if one of the party tests positive?. As Vegas suggests the airlines and holiday companies will have to negotiate some form of insurance or the risk of losing your holiday/trip will be too great to warrant the risk of booking in the first place.
I can't see airports/airlines accepting any form of pre-test prior to arriving at the airport, too difficult to verify. The only solution in my opinion will be airport testing at point of departure thus giving passengers and arrival authorities the same confidence that they would expect as they would if considering if someone onboard is carrying a machete.
I agree Sheltie but airlines and holiday companies will have to have a plan for what happens when a member of a travelling party tests positive? Imagine a family of 4 and one of the children tests positive? Even worse if this is in the return journey ?
They need a plan or families will be reluctant to travel.
Apologies if posted, but wonder how the impending Welsh lockdown will affect their ability to support AVCT and Moonshot??
I have a tried and tested investment strategy that I have perfected over many years of trading, I am half way through writing my book which I am sure will be an International bestseller...the title.. 'Buy High- Sell Low'
Urban, my dog has given up waiting for a walk this morning, too much AVCT excitement I'm afraid, he's currently fast asleep under my desk dreaming about chasing squirrels and reflecting on what a boring sod his owner is !!
Each to their own on how to trade this share but nobody on this BB predicted the spike to 2.09 based on what appears to be a 'red herring' relating to an unconnected company.
Those that spotted the top, fair play, but I for one wouldn't dare to be out for the sake of a few quid profit when, in light of this mornings excitement, it's clear what will happen when some real information drops.
Like all gamblers, you only hear about their wins, they keep quiet when they lose
Sad thing is, my AVCT shares are paying much better than my work at the mo !!!
Sparta. Understandably there is expectation of an RNS tomorrow, however I’m not convinced.
There’s been several hundred posts this weekend analysing Boris’ obtuse ramblings and I don’t think we’ve reached a consensus on exactly what he was saying.
Assuming Sir Al wasn’t party to the announcement, I would guess he was straight on the phone to the lawyers asking where the NDAs stand in relation to what Boris did (or didn’t) say.
If Boris has contravened the NDA(S) then I guess Sir Al will be obliged to update us shareholders ASAP but this could take a day or two to prepare with the lawyers.
If Boris’ update was part of a planned release in conjunction with AVCT then I wouldn’t be surprised to see a 7am RNS tomorrow.
Arbitrage, I detect your sarcasm and I clearly understand that the market often doesn’t wait for a logical time to determine value, we can all see that with AVCT being worth the best part of half a billion without ever having sold a bean.
Where I disagree is your inference that this goodwill and reliance on future potential can carry on in perpetuity. You only need read this board Weds thurs this week to see how quickly shareholder patience evaporates.
All companies are required to return shareholder value at some point and to say otherwise really is for the birds
Cheers.
That’s very true Sparta and a royalty model would de-risk Avacta. The possible downside is that the revenues (and potential gross profits) could be much lower with a royalty model.
The other risk is that by effectively becoming a licensed component supplier, Avacta would likely not be the supply partner to HMG and this would pass to the manufacturers.
As soon as Avacta are confirmed by name as one of the companies alluded to by Boris then the share will be able to say goodbye for ever to the days when it was available for under £2.
Once we receive confirmation of batch approval/accreditation/CE I think this could be another major inflection point
A further significant SP rise would come with confirmation of contract details including size and duration.
Perhaps the biggest SP boost would arrive with the first trading update once roll out has commenced and we discover, critically, if we are making any money from our huge contracts.
For me, this is one of the managements biggest challenges. Avacta is effectively setting itself up, as a wholesaler positioned between the government and a network of partner manufacturer/suppliers.
The NHS has decades of procurement experience and our partners are also experienced.
For all their undoubted skills, Avacta are novices when it comes to mass production and the management and delivery of a huge and complex supply chain projects. I really hope they are working on their costing models incredibly carefully. It wouldn’t be the first time that a company in Avacta‘s position, discovers, often too late, that whilst their revenues have gone through the roof, the only shareholders making any money are the ones that own their suppliers.
To use the old cliche ...turnover for vanity, profit for sanity.
At least we now know why we haven't had a RNS for the last couple of weeks, guess that Boris wanted to be the bearer of good news and announce the arrival of the cavalry. All over the press this weekend and a significant RNS mon tues IMO.
Sorry sleepy just re-read your note and you were referring to the MM's not our resident pessimist MF
Sorry to be a pedant Sleepy but whilst I agree that NOBODY expects the Spanish inquisition, I do think most of us could expect MF's next move and I suspect several of us could write it too.
Very profound amateur invest... and should any members of the BB be feeling the need to 'Remove yourself from needs, money, wants, desires, and you free yourself of self imposed suffering'....It's fish Friday at Wetherspoons so get yourself down for Fish and Chips and a pint !!!
No doubt signaller Freeman will sabotage the points to send the train off towards Inverness then blame driver Smith for being asleep at the wheel !!
Seadog, that reminds of the Thatcher government in the mid 80's, unemployment was running at above 3 million and they changed the way they counted it, from memory, on approx seven separate occasions...surprise surprise, each new method of counting it brought the unemployment figure down !!