Member Info for Safy

Merchant

Do you have a timeline on tests to the market?

Basically this is Slightly behind AVCT timelines.... mmm interesting.

But we have more tests to market in the meantime.

Straight up next RNS could make or break this SP short term. If it takes a hit it’ll recover no doubt. But they have to steal a march on the competition.

Thanks FF

Appreciate your thoughts and I hope this inspires others to ask difficult questions, I’ll need to have a listen.

@ffailing

It’s not January. Nobody here is patient enough to wait till then. Logically it’s also impossible they would have a test so far out when the demand is right now.

@ffailing

Where is the evidence it’s going to be ready in Jan? Just curious as I’ve not seen that info.

@PL75

Sorry pal I hope it didn’t come across as me having a dig.
If I have issues with any Share I’m in, I call it out. Some like it some don’t. I’m not here to rinse some poor sods furlough or redundancy money for the sake of my investment. People think these boards drive the shares, they don’t. They are just a light breeze on the back of a SP. some think if they speak their mind the SP will collapse. Totally not true.

I’ve called GDR out lots of times and if someone was being forensic they’ll know I was right. Suddenly everyone is saying ceo presentation is good now but nobody dared to say it when he came on sky and effed up.

I hope everyone’s investments work out. I really do. I just wish the ****ing CEOs stopped lying to us feeding us BS. They say they have big plans for us investors, but more importantly it’s their back up plans which worry me. If they are funding the backups making us think they are ramping up their primary business. Just like what AVCT did. That was a low blow.

@PL75

Do Avacta have a prototype or actual POC test yet?

Ken,

You dont even want to go on the Tomco bb, not just 1-2 ramping, at least 20+ odd people making statements with such confidence that anyone would be lured in.

Anything that isnt POC or home use is expensive.

If i had a toss up between a £40 test which was 98% accurate or a £8 test with was 96%, i know which one im taking. £8 all the way....

It'll be interesting to see if all these people buy back in at close for DF now that they have realised there is strong support at 49p.

Certainly up to DF, and nobody knows what more information we can get with that.... its risky staying out, especially as this SP isnt going down as quickly as some hoped.

@watty

Is there a picture of these mugs somewhere?

I just want to picture the moment.

For me I hope to see an approval to sell in India on its own with projected sales information.

That will do for me. The SP needs to be at least 165-170 before ‘big’ news hits. That will push it over 200.

@Chris

Sorry you’re absolutely right. Been reading this board way tooo much. 1:20 is the allocation. I’ve no idea how I got the 5% - oops

The other bits are valid. For it to work, a person would need a huge holding, and then hold it, and lastly hope it’s not oversubscribed.

Snowking

Check what your current holding is, as in how many shares.... your broker or application you use for trading will tell you.

Then divide that number by 5, that is the total number of shares you can apply to buy in the placing assuming it’s not over subscribed.

You then have to hold your shares until the day they release them in the market and hope they give you what you applied for and nothing less. Which could happen if it’s over subscribed. Chances are you need to do this on the phone too so the transaction fee could be £30-£100.

For most it’s not worth the drama.

https://mologic.co.uk/mologic-ce-marks-professional-use-rapid-diagnostic-test-for-covid-19-and-begins-manufacture/

Brilliant post!!

I’ve written on the GDR page about subsidised tests in India with the Gates funds involved in the company.

Given Britain needs to branch out post Brexit, and Boris announcing that the international charitable funding moving to the foreign office. Basically meaning charity for favours... it would not surprise me at all if Britain funds some tests to African countries.

For all the big companies which has put money in. They will have a good idea what’s coming and how they will profit.

Nobody puts money in if the prospects are ****. And they bought at 40p, we had 48p options on Friday.

https://www.google.co.uk/amp/s/www.bbc.co.uk/news/amp/world-asia-india-53103774

Over 10m people in Chennai

Also India gov runs a bit like US. States do their own management. So a deal with an Indian state is also on the cards. Very hard to do but not impossible either.

It’s nicely set up, I would err on the side of caution though expecting too much too quick...thus happy to wait till mid July as long as we see an overall weekly incremental raise going forwards in anticipation of the news.

Probably the most in demand covid stock on aim with what’s coming in the short term.

The SP ideally needs to be in the 160-170 range before the really big news hits us. That benefits everyone including the ones that bought on the way up to 300p. I Genuinely hope folks can recover their losses.

Gla

Finding a level between placing and what it is now. Can’t see it dropping to sub 40p. Otherwise what’s the point buying placing shares. Just wait for it to drop. Anyone who bought at 40p isn’t selling for 42p either.