RE: Valuation disconnect 1/227 Jul 2020 16:47
We know ...
I am long Avacta.
No test is ready today from them. They are working on it. It’s not just accuracy, it’s consistency in hands of public.it gas to survive storage transport, people who are dehydrated, people who have just drink lemonade etc etc
The have communication with testing bodies that could help them if/when test is ready for trials.
The need is huge. Can enough test units be produced quickly?
Several companies working on simplified testing. Market share won’t be 100%
No manufacturer has been announced.
As I say am long Avacta, but when we say we know, we really need to know, not guess reading between the lines. The SP where it’s at due to risk and unknowns relative to potential revenue.
Having been slightly negative I’m hoping we know soon(tomorrow would be good).