Member Info for Rollyroll

Bail out after waiting 10 months. I'm p!ssd off but not stupid

Avacta is a business, they make their own decisions, so yes I hold them accountable. MHRA have been useless, I get that but Avacta have had enough time to get this sorted. And the communication or lack of is all AS. Gold old Gerry is always tweeting mini updates at Deepverge.

Lol not yet, but I can't buy an Nickel because of it.

Having the best test means nothing without signed deals. It will be the best for a little while, until better tests (saliva, breath, robotic dogs or whatever else competition is out there). I never thought in Nov, I would still be waiting till end of May for this test. It's not like it's revolutionary, it uses existing cassette tech that exists. He last told us we will be using mologics CE by end of March. What happen, does he not have the decency to explain what happen. Just like when salvia failed, does he not think he should be informing us when things happen.

Why does Ray get abuse for stating facts. It is a shambles. All the optimists have said to date is we are secretly the govs holy grail, conspiracy this and that and how the gov loves avacta bla bla bla. Nonsense, they barely acknowledge us and why would they, 1 year on and still waiting for a flipping test.

The tender might be used to validate deepverges accuracy. The tech detects the virus, people go there, get the sample, and test. If deeverge is accurate then the tech gets validated and rolled out.

I've waiting 10 years for FUM to rise to the occasion.

PL nearly every AIM company i invested in since last year more than doubled. It's nothing to shout about. Just turning up returned people 60% in the indexes.

Agree, pathetic. 12 months to make a covid test. Lost out to a Chinese test. Blamed everyone else on delays. Refused to update market on delays, everytime. Never met a single deadline. As great scientist, awful CEO

The simple fact is, as of now, May 2021, over 12 months since they started, they still are yet to have a test that has sold anything. Yes it's almost here, but as a company, that is pathetic. This IP would be better in somebody else's hands. It is ripe for a takeover, because Avacta alone, cannot get anything to market. And daying we will sell all we can make means nothing, they will only make what they are ordered to make, which currently is 0. Fed uo waiting, but can't sell now, so will make do with moaning.

How far are we on the breath test. Is it still expected to materialise?

You just learn to not believe any timeframe AS gives. He says coming days, I hear coming weeks. He has lost all credibility for keeping the market up to date, doesn't change the investment case, just makes it frustrating. Also justifies the sell the news strategy, because you know the next milestone will also be delayed for some reason and so on.

Avacta who ??

If we are the gov test then any new virant analysis would be fast tracked by the gov. Im sure we would be given priority over samples/resources. Right now, we just need to get the confirmation based on everything as is.

Coming days means a couple of weeks. Couple of weeks means 6 weeks. End of quarter means, 1st month of next quarter. Which is why people sell, knowing the inevitable delay will create another buying opp.

Lol didn't get time, was counting my dogecoins

PL why do you think it might not be us. If it's not us, this thing will tank for another month.

The timing of the RNS (during market hours) is interesting. Either they just got the confirmation today, or incase BOJO mentions the UK test capacity, AS wanted the market to know, avacta is ready to be part of it. Imagine BOJO days we have set up huge capacity, and Avacta still did not have a CE, you'd get a bit of panic that we missed another deal.

Busy with dogecoin today.

PL i know the manufacturers wont be getting 1.4bn most of it will be soent on the raw materials. This is my point, for all we know all this could be at cost, we need the numbers. Myles was saying we will make 1.50 a test, so everyone started calculting stuff, but reality is noone has a clue how much anyone is going to make, which is why we need to numbers to get a rerate.