Member Info for Maxiamus

Ken, this is a basket case. What an earth are you thinking, No body with access to a barge pole is going to touch this.

COVID will run out if people to infect that haven’t already got immunity through infection or vaccination by late summer. For once the government are trusting in the data. Lock downs are only appropriate if the nhs is likely to overwhelmed. The data says most people catching COVID are young and healthy and yes it’s going to be like catching flu for them. Something you rather not get but part of everyday life.

Thank you for the feedback and abuse, Gr33nings68. I am a serial investor and have watched Avacta with interest and I hope they succeed but the rise in their share price to its current level is predicated on them being a major player in a large and sustainable testing market. Prior to COVID they had zero interest in the testing market so they have seen an opportunity and gone for it. Good luck to them like countless others why wouldnt you follow the money and hype. I am sure someone will make some money out of LFT but at what price per test and how many tests? I am simply stating testing schoolchildren is a short term opportunity and Avacta dont even have a product in the market as far as I can see for consumer use. What is the cost of the Avacta affermer reagents? Are they able to compete on price with Innova or whoever is the dominant player. I am well versed at trying to build market share by being best in breed technically, but that doesn't always win the day. Avacta needs its distributor to lead on winning contracts. Avacta can only sit and hope the royalties start rolling in.

From 1st September schools will treat COVID like the flu. If you are ill you get sent home to recover. No bubbles, no draconian attempts to contain natural spread. Confirmation test maybe but that’s it. As stated in my previous posts, all the population will develop COVID antibodies through infection or vaccination eventually. This will then be an endemic disease we have to lean to live with like the flu. Testing has its place but it ain’t going to be part of everyday life. Maybe a test to travel yes. To go to school? No.

If long COVID was a major issue for children we would be vaccinating them. We aren’t planning to do so anytime soon. I reiterate you either achieve (some level) of immunity (via antibody response) by catching COVID or vaccination. Nobody is going to dodge the COVID bullet over their lifetime no matter how much testing is done.

Once all adults are vacinated stategically we want children to get COVID as this is safer means for them to develop COVID antibodies than via vaccineation! No one is going to avoid developing COVID antibodies by either infection or vaccination in the medium term. Indeed in future there will probably be COVID parties like Chicken Pox. You want to catch COVID while you are young. This is going to be an endemic disease that we need to live with and get vaccine boosters every year just like flu to deal with varients that will naturally evolve. It will be like flu once death rates stabilise as we develop better treatments and develop innumity in the community. Yes, testing has its place but I really think this board is fixated on mass testing being part of everyday life and I just don't see this. I ain't sticking a swab down my throat every day on the off chance I have COVID. Sorry but we need to get on with living with this disease once herd immunity is achieved through vaccination and/or infection.

COVID is a virus that I don’t want to get but I ain’t going to do routine testing to find out if by chance I have it asymptomatically. Sorry but testing is a confirmation process in the long term and not a screening method that is issued in scale once the restrictions are lifted. Also governments are no going to tolerate excessive profits on testing any more than on vaccines. Factor that into your Avacta share price projections.

I have followed this company from its origins in tanzanite mining in the early noughties to today’s sorry state. I ended up with about 750,000 shares having doubled down and participated in the rights issue at 2.5p to being my average price to 6p having invested originally in the 30s and 40s. And my rational for this at the time was that every other investment had done well to offset this punt in the long bull market. Long gone where the days when the BOD blocked a takeover by Gemfields valuing the company at 42p a share I seem to remember. I managed to exit when the share price mysteriously rose 4 fold to 6p in a matter of weeks after languishing below the rights issue price for a few years when the promise of mining sapphires in the Australian dirty caught hold. That call was my best returning my investment stake although nearly every other company I have exited similarly has gone on to make my early exit after being down a costly mistake! Not this one. 0.2p a share now. Sorry but I wouldn’t touch it with a barge pole as all that is left now is for the BOD to call in loans etc and take what little is left. There is no sense in this company being on a **************. It will go private and the external shareholders will be stuffed as has happened to me with a few other companies like this.

Chairman Soukup usual expansive prose commenting on macro economic issues as if he was the Tom Carney. Look there is always uncertainty but surely this company is able to look at leading indicators to give some indication of what progress or otherwise is possible in 2017. Simply saying the economic environment is so uncertain he can.t provide future earning guidance is a load of toss. That said assuming management is actually focused on some proactive targets and has some idea of what business is likely to come in this is a cheap play on the oil price rebounding. Come on Duncan stop pretending yiou are a big fish and knuckle down and grind out some growth. While you deliver these kind of state of the union addresses I worry that you have your head in the cloud! Get a grip of the operational metrics and stop trying to **** in the wind and complaining its a gale blowing out there!

Well, it looks like my call to liquidate my not insignificant holding at 6.1 was a good one. This company is sifting dirt looking for gems. Its been doing this for over 9 months and all it says is its sifting dirt looking for gems. Surely by now someone could have said whether what its doing hold water financially. Consequently, the SP has dropped back to its pre-rally level rather than accelerating into the teens, but nothing they have released points to this thing rocketing. Or am I missing something and should be jumping back in?

Well I got out of RLD when it rallied inexplicably from 1.5 to 6 over a month or two earlier this year. At the time I calculated I had been employing three miners in the old tanzinite operation. Now I've reinvested into Lomin (LMI) which has similarly served me well with 5 day rally where I now employ five platinum diggers. Will I ever learn? Anyway it's a pretty nice ride currently on LMI. same story as how I got into RLD.-asset per share many multiples of current share price...

What is Neil Woodford thinking of backing this total IPO? Computers can't design new drugs I should know as I have been on the field all my career and no one seems to have heard of this left field upstart. Last play like this was Protherics with their proprietary Prometheus AI system in the early nineties. However well they can help, certainly no one company can single handedly develop productive software that can rival that commercially available that if used by all the pharm companies. But I say that with only a cursory look at the hand waving claims on the companies website!