RE: Charles Archer’s latest article1 Mar 2024 14:28
Have just read his article, the mans a joke, his understanding of the technology is embarrassing, not once has the man mentioned pre|CISION works. He rattles on about a follow on Phase 3 study stating the previous argument was that Phase 3 would be unnecessary. Maybe with all the bullsh.t being thrown around I have completely mis-understood Avct's plan, get ODD approval for AVA6000 in rare STS patients and go on from there with say breast cancer which will require a full clinical trial.
He claims to have tried to warn investors a placing was imminent, only an opinion of course. Reality is the market knew well in advance this was the case and not to raise suspicion slowly carved away at the SP.
The statement which really p.ssed me off " the placing could have been much higher if it had been managed properly "
Say Avct applied for a placing at 90p, this is deemed to high a price, word gets around and the big sell off begins leaving the small fry to figure out what is taking place. It should not happen but it does, criminal.
As for his attempt at that old chestnut the LFT, we get this " CYTIVA anyone". Anybody got a clue what he is on about, the fact is Cytiva could not deliver the goods. Maybe he was confused and meant Mologic who went on to design the LFD and added the duff mAb. What he omitted to say was Avct's sole input into the farce was the Affimer they produced and low and behold it was not affected in performance by any of the virus variants, it worked. Not like the other participants who got involved in the process, they delivered delays / inferior products to the process.
KOKO has asked for comments on his article, the little box he provided is totally inadequate, so many flawed views. Crammed a few comments in the Archer of all trades Master of none box.