Member Info for sdon

Rant time.
We have a misty eyed view that UK scientists are among the best in the world. Because Brits invented lots of sh*t, Bletchley park etc.
I'm sure some still are brilliant, but the procedures at PD were dumb. If you want to test a devise designed to work on live humans, test on live humans! It seems obvious to a lay person, but probably the "experts" at PD say, "we have always tested with frozen samples", so are stuck in their ways, = bad science.
Curious but lazy scientists caused this pandemic by fuc*ing around with bat viruses, if you think that a bold statment, google "the origin of covid" and look for thebulletin.org.
complicated but shockingly fascinating read.
If you liked that, read the Piper alpha Wikipedia page on another story of how lazy or bad practice with paperwork lead to 160 odd people being burned alive.

Just catching up, so we have EU approval, and the Innova story is breaking mainstream, hence strong blue!

My guess on the next stage of the LFT story.

UK gov says, "the naughty Innova people fibbed to us, not our fault", it will give an excuse though, to bin any remaining stockpile.

We start selling to UK gov and/or EU countries.

There is some (hopefully small), resistance from the public, some of whom say "LFT, no thanks them are all rubbish, it was on the news"!

I'll go first then!

You lost, get over it, if majority rule, and they do, Brexiteers were right, and it will do nothing to sales if our EU "friends" want them.

BTW try this one

https://www.telegraph.co.uk/news/2021/06/09/imperial-eu-blind-folly-unequal-northern-ireland-brexit-treaty/?WT.mc_id=e_DM1440294&WT.tsrc=email&etype=Edi_FAM_New_ES&utmsource=email&utm_medium=Edi_FAM_New_ES20210610&utm_campaign=DM1440294

Crazy share price ATM, just topped up with what little cash I had left.
How can SP be well below before MHRA news. Oh yes, no sales.
Scardy cat gas it right I think, the machines are spinning, and product already allocated. If not, sand to the Arabs scenario.
Very close to lift of now, the last TA drop before news lifts to over £3 and beyond!

Love one of the comments,

Smacron!

Tripo,
Yes someone has profited from innovas monopoly, it will be interesting if any inside (government) involvement comes out, but I think it more likely that it has been some Avacta hold ups, but mostly the dead hand of the state machine in this country.
We all know how PD slowed things with there frozen samples which did not suit our LFT for example.
the vaccine rollout has been very good, but they got a private commerce woman to oversee it.
I'm afraid the blob in this country is glacial and "stuck in their ways".

Well found PL, if I need help with my admin, I won't use them.
Think I'll stick with my current consultants, Wefuh, Cup and Daily Co.

I for one was very pleased to see the RNS and it's contents, after yesterdays "stickygate"
It was clear, concise, and even said Mologic OR Avacta, to try and cover any further conspiracy theories.
As others have said, it is difficult waiting, but if one believes in this company and what AS says, great things are imminent.
In the coming days, months, or years!

@Doggy
I wonder if we are in a small bubble here, as PIs.
The general narrative is, LFT's poor quality, PCR gold standard. LFT's are made in China, as is most stuff.
Nothing to see here.

I'm afraid any detail of mistakes by the blob, might not make it onto mainstream media (BBC, ITV etc)
The narrative seems to be DC is a maverick, not to be taken seriously, and the MSM has been complicit with the state of fear foisted on Joe public.

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.

Fair criticism Pigster, a whopping 1.74%!
TBH, on no RNS, I would expect the SP to continue to decline, so got "blue" exited.

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. .

Time flies like an arrow, fruit flies like a banana.

Yes

Thank me later

It's simple, CV data being done in a Spanish hospital correct?
I like the Spanish but, manana!

270 seems a long time ago!
C'mon FOMO Friday.

See you next weeeeeek #!

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"?