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Im ready for a TO, these last few weeks have been one hell of a rollercoaster.
Whether this falls in with AS grand vision im not too sure, however this silence from BOD, wild share movement and Conifer exiting have all the hallmarks of a TO.
If a TO has been agreed then AS knows the financials and SP movement is irrelevant.
Avacta?
Yes, granted but since then we have fallen off a cliff.
If nothing else, just come out and issue a RNS about Home Use, Govt & Europe and how its progressing.
I feel it might be a case of once bitten twice shy with AS at the moment.
It would at least be a sign of respect to the shareholders.
Whilst I take on board previous comments made by AS, in light of the significant volatility of the share price I feel we, as loyal shareholders are due some form of announcement from Avacta.
AS needs to steady the ship and a well worded RNS with present positions would do that.
Im patient, I really am, but to see 40% wiped off my investment in less than a month is tough to swallow.
Ill keep holding but come on, give us something.
Ive got a feeling this is going to pop big time.
Todays trading range seems tight, hopefully we can get a nice rise into the long awaited RNS.
We deserve it for being such loyal shareholders.
Come on Al, lets blow the doors off No10!
Im saying Friday 10.36am.
we are in the middle of a pandemic, this should all have been signed off by Govt months ago in a matter of days. wouldnt surprise me if it we had billions of these innova tests stashed in airport hangers all over the uk.
This home use study is a joke too.... its not like we are asking people to perform open heart surgery on one another, just stick it up your nose like your finger.
Plus if you can do the innova test, the avacta one is a doddle.
My interpretation of the whole Covid 19 infections in the last couple of weeks is that the UK Govt is trying to downplay the virus now more people are vaccinated.
How many times today did they bang on about the vaccine and return to normality.... testing was only vaguely mention and tbh it was more around PCR.
My suspicion is they will rely on vaccine and pcr unless hospital cases increase.
AS needs to issue a very clear roadmap to shareholders now as this is a disaster just letting the share price slide like it has.
Very little mention of LFT's and Home Testing in the Commons today.
Does this mean UK Govt is looking to distance themselves from the LFT market?
Im sitting on a very sad average of circa £2.50 so I think its time AS now focuses attention on Europe, travel and commercial deals with home testing obtained ASAP.
UK govt seems a dead loss sadly.
Could this be a sign that Medusa 19 will be manufacturing for Avacta, and our product will be sold commercially b2b instead of the Govt Sovereign test? Surely ABDX would want to keep all capacity for Avacta if it was the sovereign test.
Good message, I was just thinking the same.
Fundamentals still the same, just timelines have been pushed back a month, but with testing going to be around for a long time, does that really matter.
This will bounce back, just need some good RNS to drop and 250 will be well with our grasp.