Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Timster....Avacta know exactly how it's going. IND would not have been granted if there was any doubt.
And don't forget Nasdaq. I still believe Dr Mark Goldberg was appointed to facilitate that listing.
No proof of course but the man was persuaded by something and it wasn't the colour of AS's eyes.
Sohan
@Kyalimers
2h
Replying to
@MylesMcNulty
and
@avacta
Excellent run down and agree with almost all of your analysis. Only thing I would say is that dose escalation does not necessarily indicate a better safety profile. Merely a non-inferior one. I'd also prefer if Avacta was not taken over. Much better shareholder value here LT.
Myles McNulty
@MylesMcNulty
·
2h
Hi Sohan, thanks for that correction Thumbs up
Absolute agree. It would be a travesty if the AVA6K P1a data were amazing, and #AVCT was shortly afterwards taken over for £4-£5 per share.
Myles McNulty
@MylesMcNulty
23m
Precedent is there for #AVCT to be taken out for $ billions in the near term.
The bull case thesis is that pre CISION prodrugs COULD be more targeted (so could be made more potent), cheaper, and are based on already widely used, successful drugs.
More valuable than ADCs?
25/25
https://twitter.com/MylesMcNulty/status/1466441039384825865
Myles McNulty
@MylesMcNulty
I came to appreciate long ago that AIM is an inefficient and irrational market.
But the share price of
@avacta
this week takes the biscuit. Following Monday's RNS, I was convinced we'd be at ATHs by now.
My explanation for what I think the market is missing on #AVCT Downwards arrow
1/25
https://www.gibraltar.gov.gi/press-releases/rise-in-active-covid-19-cases-public-urged-to-be-cautious-and-reduce-mixing-8452021-7433
“The drastic increase in the numbers of people testing positive for Covid-19 in recent days is a stark reminder that the virus is still very prevalent in our community and that it is the responsibility of us all to take every reasonable precaution to protect ourselves and our loved ones,” Health Minister Samantha Sacramento said."
"In fact, over 118% of Gibraltar's population are fully vaccinated against COVID (above 100% due to jabs given to Spaniards who cross the border to work or visit the territory every day)."
Nickmc...."the Chinese one is they plan long term" is one view. Another is that every Chinese billionaire worth his salt is trying to get as much money as possible out of China and invested in those stable democracies created by Britain's outsize cultural influence.
even has a page on the UK.Gov website.
The other Inchora Chap is it’s CEO; Steve Whatley. Aside from involvement in Rental Property – perhaps his link to Westminster Council – he’s co-chair of the All-Party Parliamentary Group (APPG) “Business in a Pandemic (Covid) World”. The APPG’s biggest contribution to solving the pandemic business crisis is a press release where it proposes “fit to (fly or attend)” covid passes should be administered at test centres with the government acting as “final underwriter” of the costs of the test programmes. (You can find it here.)
I also discovered Cignport is one a few large test firms who’ve got together to write rules for the test industry.
Effectively Cignport is a company that not only stumbled on the whole new business niche of profiting from enforced passenger testing, but it is also self-regulating that same niche! Meanwhile, its managing to charge customers £80 a shot and has apparently got government to underwrite all its financial risk!
Nice work if you can get it…..
From Bill Blain's Morning Porridge:
https://morningporridge.com/blog/blains-morning-porridge/sleazy-uk-politics-may-breed-corrupt-and-venal-companies/
I’d booked an £80 PCR “fit to fly test” late on Sunday evening for a business flight on Tuesday with a company call “ExpressTest”. I showed up to their drive-in testing centre to discover a bored security guard and 2 girls doing the tests. I got chatting to them and it was clear it was just a job to them. I was administered the swabs while I sat in the car, and immediately noticed it was a lateral flow test she was doing. I suggested it was a mistake… I needed a PCR, and that’s what it said on the booking which I showed her again. I was told the test I was getting was the one they did – and could complain to their customer service team.
I called “customer support” – after the usual guff about high volumes of calls, then eventually admitted there seemed to have been a mistake. But because the centre was now closed I couldn’t get a new test till Monday, and there was therefore no guarantee I would get the result in time for a Tuesday flight. The girl promised me a manager would reply to my complaint by email that evening – but no one did.
I now face a scramble this morning to get a 12 hour PCR test in time for my flight on Tuesday – which is why I rushing to write this. I spent hours last night trying to book one – I was offered a fast test at Heathrow (2 hours away).
So late last night I did some digging – and discovered ExpressTest is owned by a firm that’s emerged during pandemic called Cignport Diagnostics Limited. The three guys behind the company include a proper doctor, and two chaps who are involved with Inchora Investments – which I’ve only ever noticed in the UK housing rental sector before.
Now there is absolutely nothing wrong with any company spotting an opportunity and making it happen… but… after my experience last night I can’t help but think the whole thing and Covid Testing stinks of something fishy and financially dodgy. It felt like the kind of thing that should be on the pages of Private Eye, rather than trying to assist the UK travel business to recover and get up flying again.
I’ve haven’t had the time overnight to properly research the company, but I did find out one of the three founders is a former conservative councillor, Nick Markham. He’s had a stellar career as the youngest ever Conservatives on the notorious Westminster Council rising to deputy council leader, and has the spent the last 8 years in a succession of Non-Executive Director roles in the Department of Work and Pensions. He even has a page on the UK.Gov website.