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No doubt there is a big opportunity for Avacta but they aren’t the only LFT game in town. I may well be taking an ignorant view but I really struggle to see mass event testing taking off. I’ll check back in in June/July once the Covid infection rate and death rate is down to practically Zero. Good luck all. Live and die by your own research/opinions!

I will admit that I could be wrong here... and I’m wrong often. I also acknowledge that you guys are far more clued up on Avacta that me. My view is based purely on the big picture and commercial practicalities of mass testing. P.S. I’m not looking for an entry position, just sharing my honest view.

Don’t shoot me but can someone please explain how Avacta is valued at almost 50% higher than Novacyt, when Novacyt has banked a year’s worth of huge revenues and profits (in the hundreds of millions) and Avacta is only just about to commercially launch its test? It seems that potential profits is better than cold hard cash! I’m also really really struggling to believe that mass testing will be around on any meaningful scale beyond this year. As for the U.K., IMO there will no meaningful mass testing beyond July... To me, this share has been hyped. I’m sure it will do will and generate some decent revenue this year. But the fact remains, this is priced purely on huge expectations of mass testing and the risk is clearly to the downside. Has anyone even considered the costs to governments around the world of sustained mass testing? Once Covid restrictions are fully lifted, public opinion will shift fast and mass testing will simply be on non-starter. Look forward to the abusive responses!

text book bounce off the 50 day MA

Still bloody waiting for my cash back from HL. Good to know that kromek have stared to return funds

Has anyone had their cash returned that was allocated for an application of additional excess shares ? HL are telling me it will take weeks!

Nope I haven’t on HL either. I also haven’t had my money set a side for the excess shares back! Anyone else with other brokers got the same problem?!

I took the RNS to read that you’ll only get you pro rata open offer shares and no more

Damn no excess shares for me!

Recent pullback makes this quite an attractive price for new shareholders, IMO.

Cheers guys

Hi guys - I’m mew to this company. When are we targeting revenue generation and profitability? Any specific targets in mind? Also, I can’t find much analyst coverage on the company - can anyone point me in the right direction? Thanks!

Yeah me too but the option was there and so I applied for shares equalling my entire holding on the off chance! Presume we’ll find out tomorrow ?

Interesting - mine hasn’t! I i did apply for way more than my basic entitlement tho....

Cheers - sold up

Look - I like JW and I can see his vision here but ultimately this is a loss making business and will be so until at least 2022

Shocking gov decision announced today. Close to zero revenue until July. I would say that the upside for ESC is fairly limited until then....

Hi guys - what are the thoughts on when we’ll hear more material news on this from management?!

He’s gonna **** us over.... ESC will needlessly be kept shut for many more months. Terrible.

Sorry i meant £20m market cap not 10!