RE: Sharepr*phets Article6 Jul 2020 12:28
what I like about the cancer treating aspects is Avacta has recently had two strings to their bow.
The pre-cision technology, which basically build on well proven existing treatments but adds value by lowering the systemic toxic effects.
The use of affirmers to expose tumour cells to the bodies own immune systems.
Time scales are long, and it's a buy and hold. If you don't have time to wait, look elsewhere. It's a pretty binary proposition (although 2 strings to bow). If either works, current valuation will change overnight.
The covid test, its short term, but then allows the development of multiple test for other conditions. This is where current valuation lies, and CEO has stated as such.
Whilst the latest grab for more money was a little unexpected, company now has a position where they can add lots of strings to the bow. They only need one hit.