Not a mystery really18 Feb 2021 09:27
If you look at the reality here then there is no mystery at all.
Avacta have two key feeds into the sp with potentially others to add.
The slow feed into the sp is cancer treatment. This is slower because it is not yet broadly known about outside of existing holders. No doubt this will change as it makes its way into the financial press and other news flows.
The quicker feed into the sp is covid (a point made by wolves). It is a quicker feed because it is the here and now. We are in lockdown after all.
No doubt both will feed into the sp and the first feed will likely outweigh the second one over time.
In addition, the sp was 110p in December, so some holders will take shorter term profits. It is the general trend from 110p to 190p that indicates the line of travel, which is clear enough for those prepared to look. I am not a chartist but even the charts on here show what is happening.
There will always be shares sold for profit so the trend won't be in a straight line upwards, more like the edge of a saw.
What we now know that we didn't know just a week ago, is that there is a cancer trial and 100% specificity with our tests. We also have BAMS to come and potentially a therapy. There isn't a lot not to like but I dont see a mystery, just a great story unfolding.
All the best.