I think TP understand accounts better than most posters.
They have a target price of 310p based on a 70% probability that the LFT goes on sale. A basic understanding of today's news indicates a higher probability given the interest of governments, which may or may not include the UK and the mention of licensing outside of production.
If you think about it logically, the only people looking for news this morning were existing holders and potentially holders of "linked" shares.
Small news items always follow and larger news players then pick up on it. I have no doubt that this will be getting picked up and would think that would lead to an influx of new investors and existing holders will be adding (some obviously selling as well).
Added to this, we will be hearing about CE marking, production and orders and still have the sell side analyst briefing ahead of the investor webinar on Thursday.
Not a bad time in the world of Avacta and no doubt the fish and chips this week are on Sir Al.
We have had derampers on here since the share price was less than £1.
They are therefore a constant and you can either ignore them or have a go at them.
Anybody believing their rhetoric should surely trust their own research and judgement, today being a good example.
Not only do we have a results webinar (in three days time) that will confirm around £40m in the bank, we are awaiting confirmation of the best LFT, a CE mark for it and our own ISO for future CE marking.
Larsh has already detailed various other announcements and revenue generating collaborations and Matt H and Labour are on about the importance of testing and variants.
"Correct me if I am wrong, but something as critical as the CV and eventual CE marking, where a few people will be involved, ie. those keeping the CV final reports, from ist evaluation and report writing to the BoD and other essential staff, and seeing how sensitive it is to the share price, I would think the RNS will be issued as fast as it is feasibly possible."
Too many potential leaks involved otherwise.
The issue will likely be that a leak will still occur in the short period between knowing and the issuing the announcement.
This is why I also think that others have posted that it could be intra day, even though intra day is not the usual approach.
The one you were on is mine and you still haven't answered the question I asked you when I started it, which was, "If Avacta don't have a test (which is what you said) then why have they appointed a Supply Chain Manager?
I did say "no rush" but a snail would have been quicker. Alternatively, come back in twelve months like the other clown.
A supply chain is the network of all the individuals, organizations, resources, activities and technology involved in the creation and sale of a product. A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.