Member Info for scardey_cat

You might want to have asked that question back in February...I should have said.

“Why would you buy after a 10 bag??”

You might want to ask that of some Novacyt shareholders.
I think the answer might be "Because I think it's gonna 50 bag!!"

wyndrum, You've made your point, no need to keep repeating yourself over and over and over again. You're getting really depressing now.

There you go Wyndrum, take a leaf out of igrowmoney's post. I agree with some of your sentiment, but you do tend to be a bit 'over the top' gloomy. You may want to consider adding a 'spoon full of sugar' to your posts like igrowmoney did:

"That said, the technology Avacta have seems to have amazing potential. I'm hopeful the recent recruits to the company are helping Dr Smith to take us to the next level."

I'm p*ssed off with AS too. He seems to be being somewhat economical with the truth. I'd also like to know what the hell happened to TT to Abingdon that was supposed to have started a couple of months ago. Absolutely no mention of Abingdon in last RNS, and for an RNS entitle 'LFT Update', I find that very strange. I wish AS would be more 'straight' with us (whilst appreciating his hands may be tied a bit).

Spoon full of sugar:
Having said that I'm very relaxed about Avacta's prospects, short, medium and long term. Great company to be invested in and wonderful prospects.

Bit of a no-brainer for the office bods, it they're getting them for 50p Arnold. Anyway, didn't want to start a fight, it was just a suggestion from me :) Just to add, it was a nice touch from ODX to drop the RNS at 9:00am, to catch a few shorters with their pants down.

Maybe the other directors could have a whip-round Arnold.

Think the directors should get their hands in their pockets. Omega's CEO only bought £20k's worth yesterday and see how that small amount has shifted their share price and sentiment.

Note, that award is to 'develop' a test, so the yanks don't think is going away any time soon.

lukeregan180: You can actually register on that US govt contracts site as a member of the public. You can search through contracts using keywords. I just did a search using 'antigen' and this came up:

Development of SARS-CoV-2 Antigen Test (CoV2Ag) for the ADVIA Centaur and Atellica IM systems
Contract Award Date: Nov 02, 2020
Contract Award Number: 75A50121P00005
Task/Delivery Order Number:
Contractor Awarded Unique Entity ID (DUNS): 798318598
Contractor Awarded Unique Entity ID (SAM):
Contractor Awarded Name: SIEMENS HEALTHCARE DIAGNOSTICS INC.
Contractor Awarded Address: Norwood, MA USA
Base and All Options Value (Total Contract Value): $13000000.00

$13million dollars, not to be sniffed at!

lukeregan180: That looks to me like a registration to enable Avacta to see (and apply for) US government contracts.

Yes, I know Okehurst1, thanks. Just correcting Ruby, because he said it was blood.

In Belfast, a couple of pints of Guinness has always been regarded as a substantial meal, with a couple more pints to swill it down, of course.

It's nose or throat swab Ruby.

From their website:
"SureScreen's COVID-19 antigen rapid test identifies COVID-19 antigen present in a swab sample and gives a qualitative yes/no result within 15 minutes."

Yeh, we have RK talking to his congregation, Sujood talking to a class of eight year olds, like they don't know how to tie their shoe laces yet (ever so patronising) and skwizz just talking to himself. Another day in the life of the Avacta BB...

Not bold at all Zeremy. He told his congregation a few days ago that he does top-slice. Nothing wrong with that, as you say. He just tends not to advertise it when he does.

Yeh, RK seems to say that when he's top-slicing too.

You dusn’t spell dusn’t like that Rusty.

BigDano: 100% agree with you on that. I also thought Sparta's post was a bit disingenuous. He failed to mention that ODX are now shipping significant numbers of ABC-19 to Abingdon. I'm equally invested in both Avacta and ODX. My only concern with ODX was the AZ vaccine being 95%+ effective and therefore the need of vaccine effectiveness verification being much reduced. There being some question now about just how effective AZ vaccine is, plays right into the hands of ODX. Sorry for the cross-ramp, just defending my other half!

What's strange Cest-la-vie, is that complete half-wits get recommends. Guess that makes his followers quarter-wits.

"So surely the government is just as likely behind the switch to swab as Cytiva."

Fardistanthills: I've also given some thought to interpretation of the latest RNS. The sudden change to swab and how that was communicated just didn't sit right with me. I think the governments hand is definitely in this. As far as I'm aware, Avacta have never differentiated purpose of use for the LFT. I think, thus far, it's been a one size fits all approach. However, they have now suddenly started doing this. Listening to the Rick Body podcast this morning and re-reading the RNS convinces me even more that this initiative has come from govt.

RNS:
Avacta and its partners will continue to develop both sampling methods in parallel in order to bring high performance COVID-19 tests to market quickly to suit a range of use cases.

Rick Body podcast 21:02 in
…there are so many other important use cases.

Hadn't heard this expression "use cases" before, but here it pops up twice...coincidence?

My theory, for what it's worth, is that Al has been told by govt. "We like the test, but we want to standardise on swab sampling" and Al has reluctantly had to shift tack. You can almost sense his reluctance in the video presentation, like a "Didn't really want to do this, but have to" kind of attitude. And, he didn't even mention the change to swab in his comments at the foot of the RNS.

Another clue is, the fact that Avacta have suddenly been able to secure a huge supply of swabs, at a time when these are in huge demand. How so? The government have been ordering bucket loads of these...coincidence?

I don't think there's much wrong with the saliva test, despite Al using the word 'challenging'. I think he said that because he couldn't very well say 'the govt. has asked me to do this'.

In summary, I think we end up with two excellent tests with different "use cases".