RE: Avacta website update today27 May 2022 08:00
"What an incredible statement to make 9 months into clinical trial and weeks / days away from first read out...."
It is Wiggly.
Just imagine if Avacta had made all of the below statements in RNS's about the LFT. This place would have gone into meltdown!
"We are very excited by the potential of this high quality SARS-CoV-2 rapid antigen test and the interest that we have received for it from potential commercial partners, distributors and end users
The Company is progressing multiple commercial opportunities with distributors and end users in Europe
"Avacta will continue to focus on developing direct sales opportunities to major corporates and other large scale end users.
"We are also in discussion with potential customers in territories outside the UK and EEA, including some of the APAC region, where the additional regulatory approvals required beyond CE marking are minimal.
When is this board going to learn to stop taking everything said or written by Alastair or the company as gospel.
Someone said yesterday that they were hoping for a "nice forward looking statement" at the upcoming AGM.
Alastair has been releasing great forward looking statements for years. It is the backward looking ones that are the problem.
As ever, the potential here is massive. The risk/reward makes investing in Avacta a compelling situation.
The soundbytes so far have always been far sexier than reality. One day that just might change. If it does, I don't think we are going to be told about it via a few changed words on the website.