Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
It really been a frustrating wait for news and to be honest yesterday's news whilst not earth shattering was a nice positive and did make a difference to what we've had so far this year like Chairman & CEO leaving departing etc.
It would have been good if Chris had come on to somewhere like Vox or Proactive to put a bit of flesh on the details.
Come on Santa NXP2 & 4 news this side Christmas is what we are waiting for and would be a fantastic way to end the year hey ho ho ho!
whimax - I've got resistance at around 170 break that then it's a run up to 198
L2 looking very perky 4v1 - next stop 140 I think
It is understandable people are starting to have a bit of doubts about AVACTA test and see any perceived "delay" as a problem with the actual test itself. However having Abingdon as a manufacturer is a major boost. Just re-read what the CEO of Abingdon said, (my caps)
We have invested in our manufacturing capacity over the past few months and stand ready to support deployment of HIGH VOLUME, QUALITY, rapid lateral flow tests."
I think we are probably around 2 weeks "behind" Ophidian's timings - but remember he was basing those on his (considerable) experience but without the actual day to day facts on the ground.
So we just got the "all resolutions were passed bla bla". Yesterday's lightweight RNS was it by the looks of it. Thank God I've also got shares in a proper pharma company rather than this train smash. We haven't even been thrown a bone today FFS!
Brilliant podcast Spike - you really do know how to find these little gems. Very informative - In terms of a rapid stick test that could change how society deals with this pandemic it does seem like we are the only horse in this race. It would also explain why Avacta seem to be taking their time in order to (hopefully) getting it right. ..I can see why Myles is getting excited in his share price predications.
Suspect those figures are just made up by the website developer and placeholders for the real info. This info is just too commercially "sensitive" to be dropped like that. In fact AL has said that himself - so would definitely be surprised if these are the real figures.
It's on their website. Go to the Investors > Investors Information page and scroll down to Major Shareholdings - that's where it says: "As at 31 July 2020 the Company is aware of the following notifiable interests in its voting rights:"
Thanks for the link. Just got around to watching this. Couldn't get over the Cheshire cat smile on Dr Kunwars face when asked about "talking to some companies now" - He talks about "Whenever that happens..." not if. Right now the share price action is most likely related to those wanting to get in the Stemprinter split but I get the feeling there is something definitely brewing in the background that is the real prize.
Great post AlastairMcgrift - just goes to show some of the numbers that Big Pharma are prepared to pay for the right drug is measured in $billions. If the Phase 2 trials go well next year then those are the sort of figures we are going to be looking at - assuming we get that far and are not taken over before that.
He has so many shares in this - I think you will find him at a Porche dealership right now :-)
Yes agree with that RedReversion - as soon as I read that I thought hmm is there a hint there for things to come?
Not the RNS we were all expecting but hopefully it's just the starter - main course coming up later in the week with any luck.
Great post Schrow123 - I couldn't agree with you more. I was amazed at the amount of time Ruane spend on research before an investment is made -
"It’s not unheard of for a Sequoia analyst to spend a decade investigating a company, going to annual meetings, talking to dozens of employees, managers, customers, suppliers."
“We followed CarMax for a decade before we ever bought the stock,” Poppe said.
So how impressed would they have been with Dr Smith and Avacta for them to invest in a very small (mcap this time last year was tiny)? They are buying for the long term - and remember they were looking at Avacta pre-Covid.
The more I think of where we are with Avacta the more convinced I am that we are going to witness the birth of a "Big Pharma" company. Yes you can trade in and out and for those that can do so successfully - great but I can't so I am happy to hold.
I am glad I took part in the placing - giving the money directly to the company feels good - if their tech can help those with Cancer that's going to be fantastic for the world. I just hope we are not going to be taken over - if things pan out I am not sure there will be many companies that could afford us :-)
There's no hiding from the fact that the last year or so has been an unmitigated disaster. No point going over the numerous red flags.
The question is there any hope of reaching those giddy heights of last years highs of 13-14p again let alone what alot of people once thought possible i.e. 40p+
We know all about the pipeline and we are all waiting for news on NXP2 & 4 and we have had some people on here question whether those are even something that another pharma would even want.
For me the key has to be Chris Blackwell. His track record at Vectura speaks for itself. I know he has been a NED since May 2018 but it doesn't necessarily follow he would have been privy to all the things that led to DT's dismissal. For him to then take up the Chairman's role and now the CE role must mean he sees the potential here. Let's see if he does indeed take up the CEO role proper or alternatively brings in someone of sufficient calibre to bring back some confidence in the company. July is certainly going to be interesting - let's see how they handle the Prelims - we need openness and honesty not more "undisclosed sums" crap now.
Totally agree WillHawk909. My wife has just had 2 swabs done a few days apart prior to hospital surgery. She found the nasal swabs extremely painful - in fact eye watering since the nurse puts those right up the nostrils. There is no way someone untrained or doing it themselves would go that far - so I suspect they would give alot of False Negative results . So yes the sooner the LFTs are out and available the better.
whimax - yes we were 14p 6 months ago but on the back of the Times article. Think we were around that price about a year or so ago as well (can't recall exactly when).
Absolutely no way would I nor anyone of us holding over this timescale would be happy with that. All I am saying is that it would not surprise me at all if something like this happened - and if it did there's not alot anyone can really do anything about it.