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how did you think it got there Marik ? Explain why it needs an antibody to carry it. Why doesn't the protein get carried in the flow, or does it, and the antibody is for something else. Please supply the link where Avacta explain all of this, clearly.

"how did you think it got there".....lol. Call his Lordship, he might be able to help you cobble an answer together.

despite analysts not having any LFT sales in their forecasts-------

the decline was due to the realisation that warm feelings and waffle from the CEO don't replace transparent communications with investors. Trust has collapsed and Al feeling good about something is taken as being " we still don't know what we are doing and are keeping our fingers crossed".

the only news that will move this share price is new CEO.

https://www.theguardian.com/world/2022/jan/07/the-rise-of-lateral-flow-tests-are-these-heroes-of-the-pandemic-here-to-stay?CMP=Share_iOSApp_Other

Public contracts won’t involve M19. They are distributors to retail for LFD, or direct to consumer.

Also look at Norway procurement doc. 7,5 million in revenue in last 18 months required to even bid. M19 doesn’t even get into the starting gate even if they wanted to supply to public organizations.

It will need to be Avacta or another distributor.

Hopefully Avacta bidding on these sorts of opportunities, but my fingers are crossed for ava6k.

Given that an RNS is needed for any significant change eg projected revenue, I guess either the BOD is ignoring the rule to keep share holders informed, or they don’t know, or there is no change. A change is also valid for when statements are known to no longer be valid eg we expect xyz soon. Soon has come and gone and can’t be a moving target to meet need to communicate.

Say 1 million had been sold, or 10 million etc it would be nice to know.

Great tech, pity the comms is so lousy.

Ava6000 is worth staying for. LFD is a roll of the dice, given ability to execute and the lack of forward looking information. SP reflects that. If RK were here he’d be shouting Amen and topping up.

I sold my bike on eBay. Not going to tell ya how much for or make any statement to how many I will
try to sell in the future. I would appreciate recognition as major player in Transport Solutions.

Mr R, without mentioning the LFD, business is great, nice little pharma early doors research shop. A little behind the plan, but world events are what they are. My words were clumsy , more meant about calls for a statement about UK gov etc which are not really business info. Silence in that respect is probably better, ****ging them off publicly serves little purpose. But other news around the LFD business would be welcome as basically if Avacta can't make a success of covid DX 2020-22 what chance do they have of real money 23-25 from DX (cos that part of the business is very pear shaped IMHO). Hope is for partners to step in, but the business, release value now. LFD could be just a "see Affimers work" project, but then things got heated and carried away. Is the strategy for Avacta to stop owning the whole LFD for new tests, and just sell the affirmer IPR, or will they research/make tests for others things ? Who know.....(Al does).

CJ...CEO can communicate with shareholder regardless of RNS needed or not. TT for Abingdon, maybe it's interesting to shareholders or should that not be a consideration ? Balance in all things, but "promise" is made, why would you keep good news quite even if late ?

HM..... I think its "A". Scientist with limited experience in the real world, can't believe that "build it and they will come" doesn't work out. Hard lesson learnt maybe, I hold my hand up I am also shocked by the environment in which they are operating. I was talking to an importer this week, who was working with LFDs/PPE for Scandinavian market. He was opinion, its the wild west with big boys pulling strings behind left right and center to protect their market (eg research funding if you buy product xyz). But I am no CEO, and neither to I claim to be.

That he struggles with some aspects of a CEO is a concern. Great Chief Scientist maybe, but can anyway honestly say that the way the process has been managed is a template for others to follow.

It's easy to sit on the sidelines and shout "oj ref, send him off". Maybe he is playing a blinder, but with little in the way of information, and what is available often hope/rose tinted opinion, the investment case for me has move to AVA6K. If LFD brings in some dosh, great. I think given there is significant value to be had from Affimers and DX. Even if the ball has yet to be dropped the ref is calling it a knock on following a crunching tackle from the opposition.

happy new year All by the way.

yes he secured funding....good timing well done.

Expectations were raised, are you saying that we should not expect the CEO to meet them, and that's its ok cos it was someones else's money ? His job is more than just making power points to get money, he also has to deliver on the promises made. Or does he not have to do that ?

If Avacta fails to meet expectations re DX, where should the blame lie ? If someone else had been in charge would the result be different. Why spend time and effort (money) for little result. Should Avacta stay in DX, if they cant make money from that market ? Covid is one thing, can money be made from other DX projects, or is the management of that side of the business lacking the ability to make money ?

re comment about governments... agree that he is rock hard place time, but that doesn't justify the radio silence we have had since things went pear shaped re the business generally.

he could always supply and opinion without an RNS....communication. Silence is also communication, but hard to interpret. Could mean almost anything.....this BB proves it. If you want others to know what you STILL think and believe, is it so hard to say it?

At the mo, it's easy to read as " don't care about LFD, M19s problem, not enough money to talk about, spinning the wheels cos we don't know what to do"

of course the silence could mean multi billion contract is about to be signed, shhhh there is an NDA, 200 ex China.

the truth is somewhere in between, but a CEO should be at least part of the cheer leading team if he wants investors.....ahhh forgot, he's got his 40 million so bugger it. Works right up to the point where enough votes put pressure on ya.

as a side question, what % of votes do the BOD control ?

Vegas my guess is he has a bunch of IDs registered and he runs a script that logs in with each ID and ticks his post. Not sure what effect he thinks it has, maybe others think “oh he is so wise to get so
Many recs”. But then he starts the thwacking when met with counter opinion and the spell is broken.

quote...."INFINITELY more difficult to secure".

I heard some ramping in the past 12 months, and some large number, but Infinity....WOW. :-)

Maybe if you don't know how to design a home use test and procedure. Otherwise it's "more difficult" to secure but medical device industry has been doing it for years. Great news, but maybe a bit of perspective?

good to see many looking outside the UK for markets and opportunity, instead of looking at Boris and the clown car.

Blame game isn’t pointless.

We made assumptions on risk reward based on data and information given.

Now we can look at what went wrong.

Statements of” we are pleased…we are in discussions ….. we hope soon to…”. Which continue to be given now have context and some sort of trust score ( pretty close to 0)

Given a choice how many would want Al to run another goto market growth company they invest in? Are people here for the ceo or the tech ?

Anyone think II are trusting statements ?

in case anyone missed it Avacta claim the affimer used in current LFD detect the new variant.

Throbber, new one on me, well at least it was educational Sunday.

Genstar, try reading my post again. Where was there any word against your heart throb Myles. Bit prickly there, touched a nerve maybe?

The question was asked to Marik, you gnashgab.

Marik are you Myles ?

You keep pointing at him and every little utterance, and almost 0 opinion of your own.

https://www.gov.uk/guidance/coronavirus-covid-19-testing-for-people-travelling-to-england

Ryanair say antigen test currently accepted

@vegas

Shoot , thanks. Pcr on arrival. But guidance just says a test before flight. Not exactly clear.

Vegas,

https://www.gov.uk/government/news/prime-minister-sets-out-new-measures-as-omicron-variant-identified-in-uk-27-november-2021

But that’s a press release. Looks like it’s Pcr.

It was back in September too.

thanks. Don't understand everything but certainly interesting. If Moderna have exclusive right to AVA4000 it would explain why Avacta not pushing it, and letting them do the heavy lift.

some way off, and hopefully brought to market with enough time on patent.

If a specific affimer is used for this purpose, can it be patented separately eg affirmer X = use 1, affirmer Y = use 2 ?

https://www.theguardian.com/world/2021/dec/04/uks-progress-on-covid-now-squandered-warns-top-scientist?CMP=Share_iOSApp_Other