More confident now than ever ...1 Jan 2021 16:26
We have had many ups and downs here and at times it has been hard to hold and add but that is what I have done.
I might have made money trading but my approach to buying a share is purely based on my own research and I am not a pot luck trader (no problem if you are).
The last few days have made me so much more confident of making the right choice here. In no particular order, here are the reasons:
1. The CTA filing for AVA6000. This is a major milestone for Avacta and it's technology.
2. The desire on the covid front to only produce the most effective outcomes (BAMS, LFTs, ELISA).
3. The obvious issues with the vaccines, particularly the recent changes to dosage timescales which are apposite to the statements by the companies that have manufactured the vaccines.
4. The government indemnifying itself and the pharmaceutical companies against vaccine problems.
5. The likelihood that a therapy will be required and our link in that respect to Daewoong.
6. The increased understanding that governments, including our own, have spent fortunes on inadequate resolutions.
7. Nowhere in the world has resolved the covid problems and the numbers are clearly increasing worldwide (the biggest market there is).
8. Covid aside, the pipeline of therapeutics here is massive.
I won't go on (U could) but I do think that 2021 is the massive year for Avacta.
All the best. Treat and test.