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"Hello my darlings" was Chartlie Drake !
$1507 amazing must be the creme de la creme of tests
Thank you for all your replies very enlightening
I am not sure AVCT can fill the whole market ! But I get all your points.
I presume it will have to be approved by the FDA and WHO and other countries Drugs agencies before Sale. If the strips work immediately game changer.
I have read M M posts excellent and a great insight into what is going on not just for this horrible virus but the future of Avacta. I am though of the belief as a comparison to NCYT that as yet they have no orders or production, that was my simple question.
Do not get ahead of oneself.
People will be back at work middle of May as we cannot afford the Furlough, and then we shall see what damage this has really done, testing is the future and Avacta will be at forefront.
Some will no go back to work and if they do many it will be short term.
Many thanks Boot
AVCT I am not denying has potential huge potential, but are there any figures as to Orders and Production, I will look at the RNS
Many thanks
Point me in the right direction please
I am invested here as in NCYT and ODX
One poster was saying the NCYT is not as good investment as here.
I was wondering how many orders we have and how is production going.
NCYT will be producing 8 million a month and they have the orders and have approval.
Why would AVCT be a better investment.
Comments on a postcard.
The future is very bright here, as they do not have one string to their bow, but Markets more very quickly, and this is very "HOT"
LB
I might stand corrected, but I believe that only 10% did not have underlying serious medical conditions, so would have mostly likely died at some point in the near future. The asian Flu Pandemic killed between 2 million and 4 million in 1968 I was alive then and never knew we had one, the world of the Internet and Social media have made the world a smaller place, and 24 hours News if you can face it, I switch the News off now never any good news. My father was a GP and Flu was called "Gods little helper", we have all become totally obsessed with not dying, the fact is we all will. Nothing quite like a War to see the value of life.
.57 per cent of the company
Full Years results are due next week and that will come with some news I would have thought !
I believe that a Vaccine could be available very shortly, but a vaccine available for the masses will take years to acheive, but as you have all said and I agree Testing testing testing is the key and will be for sometime to come plus this company is into Affirmers which is hopefully another product and targets cancers rather than pumping a concoction of drugs into the body which reduces the immune system, and makes many feel very unwell( understatement).
AVCT are valued at £70 million and are not as near as this to supplying, we are £249 million I think !
£10 a share would not be out of the question, we need to see these tests rolled out quickly with no red tape !
LB
I was looking at the trades yesterday, there were some big hitters getting into this.
Watch this space ! Testing testing there will never be enough until we are all immune which could be sometime.
LB
The Market is massive 7.5 billion, I would buy one if I could, and until we have a vaccine this is the only way forward "testing testing and more testing" Kenya has only had 6 deaths and less than 200 tested positive mainly foreign tourists and a idiot politician who came back from a conference in USA and contimated most of the ones I mention when he should have self isolated. They all have to wear face masks and are fined 5000 shillings for not wearing them and when you consider most only earn 20000 a month that is not good. Any persons that came back into the country have to go into 14 days quaratine at their own cost, international borders closed county borders are now closed a curfew is in force from from 4 in the afternoon till the following morning. Kenya is closed no planes in or out ! If only they had testing kits I had heard the Gov bought some from China and they do not work no surprise there ! The worlds major pharmas together with the minows will solve it ! Let us hope the NHS bureaucracy does not get in the way most have been promoted above the capabilities ! I should know I have all my offspring who a senior Doctors !
The reason that Novacyt were not mentioned is that most people know who AZN and GSK, but very few know who Novacyt are YET !
The Spread is tightening which it has not for days ! me thinks someone wants to buy !
My broker thinks it will at least double but as someone said Faron have 2 in trial whereas NCYT are up and running and in demand !
LB
I agree the 6 million 30G were buys
I was impressed by him on screen, he knows what he talking about and he has his own money in it as well, which always makes me feel more comfortable. He did talk about "going to the markets" for money maybe ! Whether that os Loan Capital or Share dilution I am not sure. I think once he get the farm out he "hopes" the SP will increase and on the back of that he can raise money through a Share issue, he is not looking for a great deal of money £15 million via Farm out and Capital raising.
Even on a 50% Farm out you are looking at Net Cashflow of 50 million. The key is the Farmout which I think must nrearly be there. I will start building my next block next week if under .50 pence. On a Farm out the SP should go to 2 to 3 pence with a stready movement forward to production, But as we all know there is many a slip between cup and lip !
Net Assets are about 4 pence so unlikely to see your figures, the BOD are probably spending, as we speak, the balance of the Argentina money on Meals out in London plus their Salaries for "doing nothing" rape and pilage comes to mind ! I am surprised though that the Receivers of Steling who own over 50% are not more vocal , probably enjoying the lunches out with the BOD
Oh we do ! I wonder what they are doing with the Balance of the dosh from Argentina ! Party Party !
Sterling own over 50% the Small Shareholders are not relevant to the BOD they are answerable to the big boys ! One day it will all happen it will be liquidated( sold) and the Shareholders paid out ! rather it happen before I reach the other side !