Spot on, just ignore, another day of folk allowing themselves to get wound up by an attention seeking fantasy trader. I clocked him and put him on ignore a while back. Sadly it’s not really worked due to everyone quoting his nonsense everywhere....
To continue your analogy, there’s just a bloke stood in front of you saying do you want to buy this bottle of water. You’re thirsty, but as a buyer you’re wondering, well, is it water? Could be any clear liquid. Any chance of a sip?
That’s DBs approach, they produced 60,000 tests and he has said feedback has been good. So you’ve now got a bunch of people thinking, wow, great water, much better then that murky stuff we currently got. Might get some more of that nice clear stuff once my existing supplies run out, waste not, want not. Someone else might just think, wow, this water is so efficiently thirst quenching I’ll bin everything I’ve got and order some right now. Other people will shrug and say, no thanks, I’ve already got plenty.
Let’s just be patient, some places are in the desert, other places have taps, some places need approvals to be able to sell water. Soon enough we’ll find out.
I said a long time ago that eventually competition would arrive and margins will ultimately be squeezed. Initially however it appears that Awacta’s main focus is the govt and businesses, that’s who has been mentioned. Those are the groups of potential customers that have been referenced, (workplaces, prisons etc), they also have deep pockets and so whilst manufacturing capability is scaled up and margins are at the highest it makes perfect sense to focus on these markets. It’s also where we are currently able to strike direct deals. Medusa19 will initially flog them as novelty items pretty much exclusively to us (we’ll all be intrigued, I know I’ve signed up). Over time this will evolve, but we shouldn’t shy from being able to make incredibly good margins, all other tests out there appear to achieve 60%+.
To the person that just slid in to my DMs, I think you’re hot too, but enough for me to pay for messaging. If you see this stick a message on general chat and I’ll pick up there. Be interested to hear what you think of PLX anyway.
Thanks Timster, I see you attended the Global school of price posting. Did you also attend his fantasy trading course? It’s excellent, today I bought and sold on every single peak and dip. I made literally nothing, incredible! To complete the set, I must recommend his communications course, that where the other two courses really come together. You learn how to spout absolute b0ll0cks that fits with whatever fantasy trade you’re currently in. 5 stars!
ST, indeed, I’ve got a fiver in mind for starters. Can’t be too long to wait. Sales will continue to roll in during the remainder of the year and there’s still other non-Covid news and sales to go on top. A decent re-rate just has to happen.
I know we do :-) Personally, I don’t think preferential treatment will ever be given to someone with antibodies due to the real risk of Covid parties, never underestimate the intelligence of the great unwashed. I only think antibody tests are of interest to the ONS. That’s why I’ve chosen here and avct. We’re all here to make money, hope it goes well for you.
Safy, my condolences, are you still holding odx? I think there’ll still be value from where the price is at, but I feel like the focus is very much moving away from antibody tests so it might be short lived. Hope you get a return.
ST, I’m one of them and I’m under no illusions. At the moment avct is priced as a Covid stock, without that, it’d be at around 50p, taking in to account the recent placing. The potential from their mass screening test strip is huge, once fully realised, I’ll be taking some money out, but will certainly keep some in as the results they’ve had on the cancer side (appreciate they aren’t from trials that are to come) are impressive. I don’t think anyone, other than the moronic cheerleaders over there, believe anything is imminent other than the test development.
Back on topic, the reason I also have cash here is that GDR have a unique test out there being sold right now (we all hope!) and that isn’t anywhere near reflected in the share price. I’ve never understood the rivalries, there’s plenty Covid to go around (unfortunately for society)