Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Telegraph piece,
"Sniffer dogs detect Covid better than government-backed tests, French trial finds", and in the piece,
"Trained sniffer dogs are faster and more accurate at detecting Covid-19 infections than widely used lateral flow tests, according to a new study, and could be deployed to transport hubs and mass events.
Researchers at the École Nationale Vétérinaire d'Alfort (Enva) in Paris found that dogs could detect coronavirus in human sweat samples with an accuracy of 97 per cent for positive cases and 91 per cent for negative cases.
The canines provided “instantaneous results” according to Enva, while also being non-invasive.
Lateral flow tests, promoted extensively by the British Government for mass testing, take at least half an hour to produce a result and have varying rates of accuracy depending on the make and model.
One study of multiple tests found that they correctly identified an average of 72 per cent of positive cases where the individual displayed symptoms and just 58 per cent of asymptomatic cases."
Can't complain that this is inaccurate, but if our test does become the UK sovereign test, there will be some serious PR needed to change Joe publics impression that "LFT'S are c**p.
I check every so often, and this morning the SP was dropping, thought I'd check just now, to see if worth a small top up, so see strong blue!
I quickly refreshed, expecting a red dot by the "live RNS"!
Can't be long now, news about Julie or Dave or whoever from MHRA has gone quiet. .
Good points wyndrum, I agree, it's about the level of news as well. My point was, AVCT sp is heavily influenced by news, but more defensive or value shares can be analysed better with technicals.
Good point about GDR, which price is "right"? my answer, the price right now! I totally agree the market often (usually) overreacts. I used to try and spread bet Forex, the chart following an unexpected NFP number, for example, would oscillate wildly, usually, it would seem for the oscillations to lessen and focus, before a new trend would start, up down or sideways.
I agree with you that chart analysis can tell you in theory if the market (peoples reactions) have a price "right". The point I was trying to make was indicators like RSI, MA etc, seem to me to work better on longer timescales, and big sp changing news like AVCT gets (good or bad, I'm sure you remember the vaccine news drop) blows through the indicators. If one shortens the timeframe, it becomes more noisy and less readable. Still, I'm no expert, as my losses Forex trading shows!
BTW, it's nice to be able to have a discussion without the usual internet rudeness on some forums. I think we are both equally right, or wrong! I probably mistrust charting because I got burned trying to use it. Fundamental and technical are both useful, probably the trick is to not rely to heavily on one or the other, Ying and Yang and all that.
@ wyndrum,
I agree we are recently in a sideways trend, ranging between those numbers. The RSI is high ATM, because the new range is considerably higher than recently, for a normal share, I would expect to see a drift downwards.
IMO, AVCT is very much priced on news, and respectfully, I would suggest not a good candidate for technical analysis.
Very much about the fundamentals. If we get the news we are all (invested, not trolls) hoping for, the RSI will be through the roof and you can through the charts in the bin!
Respectively, Mikey and PL, " If it was a Mologic test, they’d be doing it now"
How do we know they are not? If gov using Mologic, they will be running there machines, if us, the gov part of the capacity will be making ours, now or soon.
My point is, production will be flat out for the gov test, before the big reveal, otherwise,
Boris - We have a world beating LFT, we want bods to test themselves twice a week, and we can all go to the pub, footie, holiday etc.
The country - Great! where do we get them?
Boris - Er. . give it a month, we are making them right now. . .did I mention "world beating"?
Much as I hope it is us, I agree with scardey cat, the ODX rns does not rule Mologic out of being the gov test.
Just confirms the gov test is un-named.
Seems odds on it's us anyway, and if not, well the rest of the world will take all we can (have made for us) make.
The Times also ran this story, we are going to need a lot of tests then.
Fingers crossed it is us.
I am more relaxed now I am more researched into AVCT, if we are the sov test, then zoom!
If not, share price crash, but a buy opportunity for AVA 6000, etc, etc.
This is great news, if this is the gov's plan, I hope it will be,
1/ announce "operation moonshot" has helped develop a British, world beating (Boris loves that phrase) LFD.
2/ ad campaign re Times article, encourage use, and get people used to the self test idea.
3/ use said test as a carrot for opening up, pre test for large events (footie, festivals etc)
4/ British world best LFT contains Awacta strip! ??
I noticed from the link to the Companies house site, that since the offer at £1.20 last June, the shares in issue have grown by about 4 million due to options. This is a bit under 2% of the total in circulation.
What did concern me, was that ordinary shares, were said to have no voting right, dividend rights, and could be redeemed by the company at it's discretion for 1p each!
I realise I must have this wrong, as nobody would buy shares with those prescribed particulars.
Someone will explain to me hopefully, right, time to read the new RNS.
I agree JT, I would expect it to be many year before AVCT starts paying a divi.
However, the good thing is, if the share price in a few years is £10-20, as many seem to think, if you bought in at £1 to£2, and the divis are at say, 3 or 4%, for you that would be 30-40% payout of what you paid!
I just realised, I have talked myself into holding for longer than I had planned!
@Macanman, Thanks, I'm sure NT does, however, a hell of a lot of people listen to JV, so he should get things right. Peston on ITV is the same.
@Barbtrader, I agree. I am waiting for our test to come out, hopefully with 100% sensitivity, and then see the MSM do a U turn on LFT's. With Gov's help.
As usual, he shot his gob off without knowing what he was talking about.
Vine said the LFT's had a high false positive rate, as apposed to the "gold standard" PCR's!
I thought about complaining, but have better things to spend my time on, I despair at the journalism at the Beeb, on most subjects, but they won't change so pointless complaining.
Anyway, congrats all on resent sp lift, just the start!
Yes , I noticed this at the time of that RNS, and rubbed my hands together when someone posted the list of countries classed as low or middle income (includes India and China!) but the programme Mologic is involved in, from what I can make out, is supplying vaccines for low cost, possibly at cost of manufacture (like AZ here?)
I couldn't find out if this was the case with Avacta's input to the programme, but I would be wary of seeing big profits from "worldwide" sales.
That being said, there are still a couple of billion potential customers in first and second world countries!