Member Info for urbansea89

Shoddy reporting "Avacta 176"

Looks like the ODX board are a bit miffed with their CEO. Imagine they're pretty frustrated being down on a day like today.

Good post and truer view of the opportunity. One thing I disagree with is the timeframe. 10 years is an age, I think it would scale up more quickly with the vast weight of cash supporting growth.

By whom? :)

Each to their own. I'd not want to risk a red cent of what I hold, it's so precious. Unlike some on Twitter, who have been triumphantly sharing with us that they have their 'trading pot' and their 'long-term pot', to help create their self-fulfilling prophecies. Not sure we really want to know about their daily ups and downs.
GLA, whatever your plans

How wonderful logging on to see such joy each morning. I need to go out and buy a bigger white board to draw out all of Energy’s 34 pipeline projects. I’d best leave space for more that we’ve not been told about.
Great to see this starting to become a reality.

“It is not even the beginning of the end. But it is, perhaps, the end of the beginning." – Winston Churchill.

Well done all.

It’s frightening to think what they could do with this lot once they’re twice the size and with a lot more cash in the bank. So much of this goodness based on great IP and some quality thinking at the early stages of the business.

Thanks for the update Timster. I’m beginning to map this out on my white board. :)
Great RNS this morning. It speaks such high volumes and is beginning to set a precedent. Biokit must have spent some time lining this up and once they further prove the model, we should see this repeated quite dramatically with many others. It will also greatly increase the likely hood of robust and recurring revenues in diagnostics. Will help provide stability in the SP and considerable growth. Hands off our Company!
Another great day for us all. Well done Avacta.

Not sure we'd want to compare ourselves to NCYT. Their MC went to around 900M at the peak and ours is currently 550M. Admittedly did really well but Avacta is a totally different kettle of fish.

Uptomyneck my understanding is that we'd see a percentage of the chemo market with AVA6000 rather than replace it, rendering chemos potentially obsolete without the combo. However, I think the multiples of this recurring and growing revenue would be much higher, and most likely x 30 + could apply.

I was pleasantly surprised to see the RNS update this morning. It's great to hear such growing confidence behind Company's achievements this year. It also shows that there are numerous subparts to the big newsflow that is growing as a result of the vast development pipeline. Amazing to be taking part in this titanic healthcare revolution.

Chocks away!

https://medicalxpress.com/news/2021-03-south-african-covid-variant-dodging.html

Nothing overly surprising. Testing will be here for a very long time.

Guess it also shows it could come any time. Keeping us all on our toes for the inevitable penalty kick.

That’s just doxcurubicon. Then the rest of the chemo drugs pipeline following on and everything else.
It’s a personal view on whether you think they’ll work and to what extent. If they do it’ll be enormous and hard to say what multiples you’d apply to the revenues X20/30/40?

I wouldn’t take £20. 3/4 years on it could be more than 10 times higher if the AVA6000 works. We’ll know a long way before then if it’s successful, possibly even end of this year.
I don’t think it would be easy to find another opportunity like this in my lifetime.

Luke, very helpful post, thanks.
I had a run through with Pension Wise a few months ago and they were unable to explain LTA. I was directed to an IFA which I avoid these days.
I’ve searched HMRC on line and read up but it’s still not clear at all how much tax they hit you for on a big SIPP pot, which had been part crystallised.
Think I’ll wait until the day comes when it’s an issue.
I’m counting on paying 55% on regular withdrawals.

Made a few scheckles today out of my Monkey’s worth.

David Beckham gets into a London Cab, and sees the Driver looking at him in the rear view mirror.
After about 5 minutes, the Driver says, "OK, give me a clue."Bex says," I had a glittering career at Man U, played in America and also got over 100 caps for England, is that enough ?"

Driver says , "No you thick tw*t, where do you want to go?"

Isn’t every investment, without exception, jam tomorrow? Not sure otherwise what an investment is.

That’s what got me aswell Monkshood- Re Phase 3.
I also took from the interview that it was likely that if the first one works, all will work.
It defies belief what the business would be worth once the initial success is announced and the enormity of this breakthrough and the prospects from the other therapies becomes apparent.

Surely shouldn’t need more to see the SP comfortably over recent highs. It’s beyond me why, after the more than competent recent statements and the outstanding video today, why anyone would not appreciate the extraordinary short and mid term prospects of this Company.

I have to say I was particularly excited by the briefings on AV6000 and the real prospects of a quick route to market. I hadn’t expected a potential roll out in 2022.

The future of Avacta is quite staggering and becoming even more real as each week goes by.
I feel very fortunate to be involved.

GLA