Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I think we are just making up stories to justify our investment. The fact is their is no 3rd party validation of our test so far which really worries me. Everything is of the back of what Al has said. We go round in circles as to why everything has taken so long, because we are emotionally attached to avacta, but the facts show, to date the test doesn't work (there is no test validated). But if somehow out of nowhere everything clicks into place, we will see short term 5x and long term 10x as it validates amazing technology. Im torn between derisking or hanging on for big returns. I also hold Deepverge and the big mouth ceo is silent on avacta maybe for nda, idk what to think anymore
In the last rns Avacta said they struggled to find the supplies for swabs. Could that be an indication that someone else took priority for the swab supplies.. they did go on to say they found a supplier. Nothing so far has suggested the gov has chosen us :(
So is it correct to assume it's us vs them. What are the key differences. Is it correct to say they have a approved test. Have been mentioned by the gov. Is scalable. What are the facts we know about avacta. If someone has a comparison of the known facts as it stands, that would be great.
I had this stock over 10 years ago, coming back to see what's happening. Shocking they still haven't got this to market for over 10 years. Cheap stock but not sure I can trust them after 10 years. Does it even work?
What does this Aptimar tender mean for the affimers from Avacta? Are they still being used by Deepverge?
Interesting that the new virant was known in Sept around the time Avacta were suppose to have delivered the test. Maybe they started working on the new strain. However the counter arguement would be they wasted time on siliva which didn't work. Truth is we are making excuses because we own shares. I don't think the Gov and Avacta are some close couple for us to think they are waiting for us. We just have to hope our product works, but the communication has been awful and we cannot ignore that maybe it just doesn't work that well.
Does anyone think this company could benefit from the shift towards green/electric energy. Smart meters could play an important role in grid management for the electricity. The EV sector is booming right now.
https://www.cnbc.com/2020/11/18/fda-approves-emergency-use-for-first-at-home-covid-19-test-kit.html