Member Info for Richob

Which "global players" have an LFT as good as ours?

Strange first post for you on here NI as it comes with no background to your comment.

Rory,
It is an antibody test. Why would anybody here be interested. Green box for you, son.

Cave Exigo

Thanks, Larsh. A nice market size is that.

All the best.

Cave Exigo

In the presentation (yes I am reading it again) it says "significant additional third party interest in spike protein affimer binders (including several global IVD companies, bioprocessing companies and research agent suppliers).

The top ten global IVD companies are:

Thermo Fisher US
Danaher US
Abbott US
Bio Rad US
Ortho Clinical Diagnostics US
Siemens GER
Sysmex Japan
Becton Dickinson US
Biomerieux FR
Dia Sorin ITA

How come one or more of those big boys has an interest in something a small biotech firm in Wetherby has developed?

Just gets better despite the sp fluctuations.

Cave Exigo

This presentation slide tells us that detailed discussions are taking place with governments and regulatory bodies and health professionals that are strictly confidential.

I would have thought that governments could well be looking for a simple and easy to use test that can be linked to a smartphone for track and trace and all of this was in the webinar.

Not worried that some are choosing to sell as I am expecting a few downs and ups along the wa and no doubt the MMs will take advantage whilst they can as we await the required batch production for validation. Can it be that far away in reality?

We all have a choice. Hold and buy remains mine, especially with slide 29.

Cave Exigo

We were informed yesterday that the key to success for any LFT is manufacturing capacity.

The only company that is ahead of the game in this respect is Avacta and they are looking to add both UK and global manufacturers to what is already in place.

We know that we will have tree shakes, both down and up, so the opportunities to buy will continue.

Anybody who listened to the webinar knows that what we have is "excellent sensitivity and "exquisite specificity" and can identify the mutated virus as well.

What's not to like? Take the opportunities whilst they are there.

Cave Exigo

Sorry, PROP. Not capable of posting a link. I blame age myself. Somebody younger should be able to help.

All the best

The webinar is now on the Avacta website.

All the best

Gazala,

I'll have a bash at what has happened today and as it happens on other days recently.

As Sleepydave says, we do have unresearched "investors".
We also have traders.
And we have "quick buck" chasers.

Market Makers use all of the above to both make money and gather up cheaper shares.

The key question is why do they do this?

It can only be to eventually sell those shares at increased profit in addition to the bid offer spread.

Against this we have researched investors
Longer term holders, including Rouane.
Positive broker comments
Key phrases from today, including:
Excellent sensitivity
Exquisite specificity
Manufacturing capacity is key
Sell side analyst briefing

Whilst we await the first bit of LFT news to add to this, we are likely to see ups and downs. After that first bit of LFT news, for example, another UK manufacturer, an overseas manufacturer, self certification, etcetera, there will be far more ups than downs and the size of the ups will be far different to recent 10p to 15p ones.

I think I am in the researched camp and happy to be there, as I have been for the last six months and am particularly awaiting the AVA 6000 filing, which is nothing to do with covid.

I thought it was brilliant today when Sir Al told us about the virus mutation which the government, as far as I am aware, haven't mentioned.

More than happy to be a hold and buy investor here and to hear other considered views.

Cave Exigo

Hiya, Gazala,

After the morning shake downwards, followed by the climb upwards, I reckon we are seeing some gains taken amongst the second shake down.

Should bottom shortly ahead of a shake up.

For clarity, that is just my opinion amongst, no doubt, many others.

Happy with earlier buys myself after the unjustified early shake down and very pleased with the very positive webinar comments, so temporary downs and ups shouldn't concern anyone that was listening.

Cave Exigo

ST,

Say hello to Wilson for me and that Sir Al also said he wasn't concerned about the competition and that frequent testing will help bring the R rate down.

So many positives out of today.

Cave Exigo

These guys will have been looking at potential earnings this morning.

Given the numbers indicated, we may well see an increased uplift today and beyond.

Cave Exigo

Made a few notes during the webinar.

AVA 6000 filing this year
Market for this is in the billions
ELISA is validated
Really excellent Affimer performance
Excellent sensitivity
Exquisite specificity
The Affimer binds to the D614G mutation
This mutation is now 70% of new cases
Self certifying the LFT for professional use
Saliva is better than swab
Visual LFT read out
Pleased with progress on linking to phone app
Manufacturing capacity is key to market success of LFT
Working on adding manufacturers in the UK
Working on adding manufacturers abroad

Trust this helps anybody that missed the webinar.

All the best

Exactly, Spartacus.

As far as I am aware, even tomorrow is part of the year ahead.

Cave Exigo

Thanks, Ophidian.

I only asked what anybody else would read into the numbers.

Sounds like I may as well keep my level two opinions to myself and leave the board.

All the best everybody.

See you at the party at The Wetherby Whaler

Cave Exigo

Similar question to Phantom.

I do understand that, Ophidian but this has worked for me since March.

I am more than happy with other perspectives but are you sure they alter what I have said that much?

I fully appreciate all of your clinical inputs and more than welcome any sp inputs.

What is your view on the numbers that I have commented on?

All the best to you and yours .

Cave Exigo

PS - I don't expect people to follow what I say but I do. Buy and hold.

Here are the numbers and what I read into them as requested.

Sell side
157 10000
156 5000
155 5000
155 5000
154 5000
153 5000
152 1000
151 5000
145 200

This is what they have available to sell

Buy side

158 5000
160 5000
160 5000
160 5000
162 5000
165 5000
166 5000
100 7000
190 7000
200 3000

What do I think this means?

1) They need shares
2) They will try and shake it down (without news)
3) They will try and shake it up (without news)
4) News (of any positive kind) and the sp rises
5) There is a clear positive upward trend
6) There are fewer day traders and 5% seekers
7) Buy and hold is the l9gical option

Happy to here other views on these numbers.

Cave Exigo

They only need to go to 203p at this time, PL75, so we will all need to wait a bit.

All the best.

Cave Exigo

Ok. Sorry, I didn't mean the price would go up immediately.

They need shares, just like this morning, so a shake is required and it is usually a down shake first, just like this morning but at a few pence higher.

I'll try and be clearer going forward.

Cave Exigo