The value of the business!20 Apr 2020 17:29
With respect to the future of Avacta, there are so many opportunities now for this company to make huge progress that the market cap is only going one way and that is up. The reaction to any changes in the number of shares in the market will be like one small wave on a beach. The wave will crash and another much larger one is coming directly behind which will overtake the last one which will result in what is likely to become the worlds fastest and largest selling in number Covid19 test.
If it is all proven, you will have a lightweight device the size of a table knife which you effectively dip in your mouth take it out and wait two minutes and you either are Covid19 positive or Covid19 negative. It means you can work or not work, trave or not travel. It is a life-changing test and really will be a game-changer in the world market. The numbers could be sold in billions of parts.
So let us be 100% clear, the revenue stream from this one product is going to be absolutely massive. No shareholder will regret being invested here when this takes off. A device this simple, which is low cost and able to be used in every workplace, hospital, railway station, bus station, airport and even home in the world every day means that is likely to be one of the most important devices on the planet over the next 12 to 18 months and maybe longer.
This is why this investment is so standout. Add the 'pre-CISION' cancer treatment system and you have one super biotech business.
I have expanded my holding again today so it stands well over 200,000 shares. I am 100% behind this and no soft touch investment for me.
Keep safe all.
Cheers, RK