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Avct's mcap is actually over 3 times the SP comparison in isolation is not particularly relevant. The saddest indictment of Allmonds short tenure imo is that in his 8 months asleep at the wheel he's allowed this company to be driven to a negative valuation.
His hands may indeed be tied by the NDA with the DHSC dispute but he's not attempted in the slightest to deliver any form of positivity to mitigate this. Not a single contract communicated in over a year, no m&a, no new r&d - nothing but delayed product delivery.
Coprep 6 months late
Self test lft 12 months late.
New Antibody test 18 months late and counting.
None of these are due to cdta or other regulatory delays, simply a failure by him and his predecessor to deliver.
I won't be abstaining, I'll be voting against the remuneration resolution for starters, I'd very much like to hear him at the AGM justify a 10%+ pay rise which is even more galling when you consider during the CFOs tenure the SP has collapsed over 80% while looking forward to being rewarded with this increment.
Johnson doesn't dare mention covid, it's entirely motivated by self preservation it's nothing to do with clinical necessity.
It's still rife in the country, I know 5 people with it right now the most serious of which is fairly senior in the NHS who ironically didn't catch it at work but most likely at a concert last weekend. The jubilee will have been an ideal super spreader opportunity for Ba5, prevalence was concentrated in the south east.
Another 45 cases in the UK taking total to 366, UK and Spain trading blows for the top spot. Joking aside there are now cases reported in around 40 countries involving a disease that's struggled with human transmission in the 50 years it's been studied.
https://t.co/GbSdLHUlf5
What I'd like to know is why, for the 3rd year running they're avoiding holding an IRL AGM. 2020 was understandable, 2021 was questionable and this year just smacks of them avoiding a confrontation and being put on the spot with inconvenient questions from shareholders. Christ, if covids a concern I'm pretty sure they've got a few q32s and assays knocking about, around £30m worth.
It's highly unlikely they'll achieve a quorum at the first time of asking , so more of the same this year.
Taiwan has a population of around 24m, they'll be fishing around for more than 10m tests from a number of sources. I suspect most of China's production is spoke for due to domestic consumption so an opportunity beckons. Nice little earner for abdx, I don't begrudge it considering the shafting they've taken from the DHSC as well.
Johnson doesn't want to discuss it, full stop. He has no moral authority in the view of many people post party gate, we are literally scr@wed if there's a resurgence of a more virulent strain of covid because he knows he can't take the country with him. The last thing he wants is to do is remind the electorate why they can't stand him and much of his front bench by bringing the emergence of another disease front and center.
Almost 1k cases in over 30 countries, not a bad effort from a disease that 'struggles' with human transmission.
Monkey pox update from UKHSA , UK outbreak seems to be centred around london (based on 153 cases) with 86% of cases and 72% of cases are identified as either gay or bisexual men. The next update will be telling with regard to geographic and population spread.
https://t.co/GNC0Hm60AN
Considering how government agencies such as UKHSA have handled covid outbreaks in the 2 years, there's a lot of wishful thinking in this article.
https://t.co/AgkkeRu9uv
Bizarre, why tweet after market close. Infact why tweet at all.
I'll be very p@ssed off if it's launched by tweet. To the best of my knowledge there isn't one commercially available anywhere so the race is on. Won't be anywhere near as lucrative as COVID-19 but with cases in around 30 countries outside of Africa there'll be demand for early movers, particularly open platform.
Another 73 UK cases of MPX reported today. Contextually that 73 alone is as big as the largest outbreak reported in the US in 2003. They don't even know if it's spreading asymptomatically, I suspect it is. 1 case on 7th May to 179 by 30th and cases in another 24 countries.
106 (total) cases confirmed in the UK, fivefold increase from last Friday. Confirmed cases in 21 countries. While the ignition point may have been a 'festival' it's becoming obvious that there's community transmission going on.
Seems at the moment diagnosis is being done with a generic orthopox assay and positives being subjected to a further test to confirm mpx from what I've read.
My brothers father in law died this morning of covid he was diagnosed 2 days ago and his O2 levels crashed last night. My brother is away on holiday at the moment, came out of the blue. They're obviously distraught.
My sister and her fiance have just returned from a cruise at the weekend, both positive. She's a little rough, the boyfriend has been in bed since Saturday. It seems covid hasn't finished with my family.
Another 14 cases in the UK announced, UAE now has a case (female, travel related to west Africa ) so that's at least 16 countries with confirmed cases. More cases in USA .
Seems it's found a transmission advantage, either behavioral, innate due to mutation or perhaps both. Which ever way it's clear there is human chain transmission going on particularly within Europe.
They need to get on top of this before it gets back to rodents etc here and we end up with it becoming endemic with a new animal reservoir in Europe.