This has happened a few times with Avacta. It feels like MM's driving the price down to fill direct orders (it's happened on a number of occasions over the last few months). It's like they just need the price down 5% from the opening and do it whatever the market activity says. PIs then struggle to buy shares but can sell above the SP /happened about 5 mins ago. They hold for as long as they can hoping more sellers come on but on this occasion the share price shifted back up.
Seem to be quite a few of us in both AVCT and SNG. I'd also love it if SNG RNS came (am in from 42p) before big Avacta one so I could sell on and shift £ to Avacta. So frustrating holding both that could equally blow but it would be a shame to miss a double opportunity....
Having had a good listen to Matt Han****'s interview on Radio 4 I struggle to see how he couldn't be talking about the Avacta test. Some keywords
Matt Han**** was on Radio 4 discussing mass testing? IMHO, when discussing mass testing (population wide) he described the Avacta test. Too many pointers, what other test could be be describing? I'm genuinely interested in understanding if any test other than Avacta's can match the description Matt Han**** gave below below? When describing the test he said it was
- New Tech
- Saliva Based
- No Lab Required
- 10 min result
- No Equipment
- No expertise required
- Self administration
It appears the Govt will be anything and some orgs are willing to take the money and sell when their tests are just not not ready and others aren't. With Avacta appearing to focus on both consumer, business and Govt income they're doing the right thing in gaining independent accreditation before allowing the test to go public. It's a sound approach.