Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I don’t think what’s out this week will be the avacta brand test. But the fact they are using Mologic CE Mark suggests that avacta are involved in the test that is going out, if it’s a government test or tests then it seems it will have affimers as the reagent in at least one test. Otherwise why bother using Mologic for CE Mark when they could wait for their own?
I’m guessing that if it’s marked as a buy it means the shares were ordered and the broker met the order, if it’s marked as a sell the shares were offered and a broker met the order, so if there are more sells it means more people are offering shares than ordering them?
It’s funny people talk about the significance of buys and sells,
the price only goes down if nobody wants buy the shares someone wants to sell, or goes up if nobody wants to sell at the price being offered.
That was a buy and sell, it did not affect the price significantly because there was a buyer for the shares offered or a seller for the shares ordered. It could have been market maker buying back after dumping the shares earlier
If you make a request for a very large amount of shares you pay over the standard price because their may not be that many on the market and brokers have tempt clients with large holdings to sell. The market makers may have kept the general price lower. If it was a sell I imagine that combined with market manipulation it would have push the price lower still.
My take on things at the moment is that Mologic and Avacta will be both involved producing the government test which will have Affimers in it and this is how Avacta will be using Mologic C.E mark to get the test out. Then Avacta will in turn C.E Mark their own test for sale to the wider market.
I think it’s proof Avacta technology is better in the fact Mologic are discussing a hybrid test, they would not even be interested if aptamers or something else was better.
I think this pandemic has changed people permanently, who would have predicted such a reaction as what we have seen from world governments over COVID?
The solution to stopping pandemics speading is testing, and testing for COVID and lots of other viruses and diseases is going to be the way of the future in controlling them.
The power of affimers means the world now has an effective means of detecting them.
So I think this share will grow and grow.
This year at least it will be mass testing for COVID and after that I think the concept will grow into a new standard procedure
Good post Okehurst, it is not plausible that a multi billion dollar company would allocate resources to develop a test that is on par with the competition unless it better or has real potential. This is being proved time and again by big companies partnering with Avacta. They would not do this if it was a jam tomorrow waste of time company full stop! People with investment here need to remember the proven picture (delays or not) and ignore the daily ups and downs of a den of wolves stock market that’s constantly seeking to unnerve private investors.
Could there be a part relation to the news for the Oxford vaccination not being ready yet? Maybe some investors did not want to come in until news of the vaccine had come hoping for the price to drop a bit more first? That could have leaked yesterday.