Member Info for Visainn

I use LSE level 2 - £20 a month

So - in a nut shell you see all of the MM (Typically five on the bid and five on the ask)

The bid is shown as the HIGHEST you can sell for (With the lower four on varying lower amounts) and the ASK is show as the HIGHEST you can buy for (With the lower four on varying HIGHER amounts you would pay)

THe price you see without Level 2 is the midway point between the top of each (Bid and Ask)

BENEFITS - I find the benefit is that if you are about to buy or sell - Lets say you want to buy and you have entere a buy into your account (Say Hargreaves which I use) you get a price offereed and 15 seconds to accept.

If you have the level 2 open on a second screen you are watching the level 2 to see if any MM changing the bid - So for e.g if the price has been static at say 1.20 and you are not sure if the price will go UP or DROP - You have 13 seconds to watch, and see if any change and still be able to accept the price OR requote and watch again - Gives you a (slight) edge as you can actually see in real time if market moving up or down

Also you can see each same or buy as they come through -- and lets say that you want to sell, and sells are going through at 130 against a BID showing at 120 .. and then the next sells are at 131, or 132 .. you might holds selling as the market is rising (And the same effect of buying)

Without level 2 you are blind.

If you dont ask the AIM fairies - you done get :)

Excellent progress on SP today

I believe we will hold 150, and be moving to test 160 by 3PM

Just shows my point - We sold holdings of SBTX at 80% LESS than would have been worth now ??

Again steady erosion by selling shares .. when the company split divisions the attraction was holding significant shareholding’s in the separated divisions.

However they are using that shareholding as a piggy bank .. one that is decreasing.

They raised £1 million on placing .. but still selling SBTX holdings.

Time will tell and market will react accordingly

GLTA

I disagree

If you had a large profit available, you should have set a step loss five percent below the bid at the time... that way you were only risking 5 percent of your LARGE profit in case you were right and price had peaked ... but staying in the game if you were wrong.

In other words stop losses are great once you have DECIDED to sell .. as you just keep moving it up as the price rises.. then when it pulls back (if it pulls back) you are out with the profit.

This share could easily EASILY do 100% in the next week .. and that’s quite a kicking that you would be giving yourself.

Only employee option

Without Covid 19 - the company would be still at 6p unable to finance back orders

Unfortunately although Covid has certainly changed the fortunes for the company (and no doubt about that), the trouble is that it has largely become a one trick pony - riding the Covid 19 success (Yes they have other products but were languishing prior to Jan 2020)

So looking at the results what is now being evaluated is WHAT is the worth (market cap) of the COVID test.

Unfortunate timing on a day that ROCHE is stealing the light (I KNOW its antibody not Actual VIRUS test ) but the entire portfolio of companies across stock market has taken a kicking.

In addition, fast coming out of the shadows is AVECTA which if a stonking RNS comes out on CE test (imminent) will put significant pressure on SP for Novacyt irrespective of the six month contract with NHS.

Its getting into a crowded market - and will watch this with interest.

Good thing though clearly CASH RICH now - its all about what they can bring to the table now for the long term to ensure a lead in the market remains for testing.

GLTA

Oxygen - Ignore the shapes

Basically you have companies that are worthless that Pumped COVID in an RNS and went up

Then you have companies that was ALREADY making ground breaking progress in cancer treatments (Refer back to CEO presentation) that is IN ADDITION working on Covid

When the dust settles, a few COVID claiming companies will succeed - and the remainder will go back to being worthless - But HERE COVID is part of so much bigger - and we have the strength of a company that was destined to succeed WELL before the chinese decided to fiddle with bats (If TRUMP conspiracy to be believed)

Patience / chill (Gin and tonic works) and the SP will take care of itself

Crazy spread

There is a seller who keeps selling Million after Million of shares.

Hope for all our sakes that not a false rumour out there to get someone offloaded.

Something is afloat - I just hope its not a floating tu*d

GLTA / Pray no speeding ticket

Morning all

Even if 30% of the population got the virus - that would leave 70% that did not.

So if you want to board an airline, and you are tested if you have the antibody - and you DONT - then that means EITHER :

a) You have never caught the virus (OR ...)
b) You HAVE The virus .. and therefore can infect others

Therefore whether you have an antibody test or not - what is needed is a fast result (Step in AVACTA) to test those WITHOUT a Antibody showing to clear them for travel.

Equally, while an employer could ascertain all staff who have antibodies - the remainder who dont will ALSO need regular testing in case they GET the virus.

Also .. those that HAVE the antibodies...and get a cough .. or sore throat .. will have to be tested to see if they have caught Covid again (As that is still a unknown)

Chill for now - ROCHE has the day but we have the years to come.

Was probably the seller trying to influence th SP - then sell holdings (First seller today got 16)

Gods .. presentation did not mention affirmers in pairs

Bloody IPAD .. I can spell it’s Apple that can’t

Affirmer

Many sales this morning probably because they have not read the whole RNS under a microscope.

Selling on a 10% rise that RNS old news that affirm eras now sent when last week we knew they were going to be sent.

But then they have MISSED the RNS content completely ....

Affirmed agents that can work in pairs.... making this test GOLD standard, and unique.

What a great Monday

Can’t wait to see further great RNS

75% of Avacta staff are PHD's

Leave it to the PHD's while we concentrate on the company fundamentals

This is NOT a COVID share - with a pump and dump mentality - It is a established pharmaceutical with groundbreaking and novel ability to tackle the worlds gravest diseases (NOT JUST COVID)

Yesterday I made a mistake, and thank you to those who correctly told me that I had made a mistake when I said I was happy a stop loss took me out at 109.

I then deliberated for a couple of hours, and the opportunity returned to buy back at the same price . which I did and more.

Watching the presentation last night, what stood out for me was the emphasis that this company is NOT all about Covid .. but is steadfast in the knowledge that they are in the process of changing the future for generations to come with groundbreaking (and disruptive) medical treatments for ultimately far more devastating diseases over time (cancers).

While recognising that the company stands to make many millions from Covid test ability, it was made clear that the millions would contribute (and could pay for) to the costs of bringing to market the products worth BILLIONS in years to come.

No cash call required (placing) now to 2022 ... and given the certainty of success on the Covid test strips .. unlikely to ever need one.

Coupled with the fact that recent partnerships have ensured compensation from partners on future R and D, and well, last years R and D is now behind us, and the future is extremely bright.

GL to all today

WEBCAST REGISTRATION
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Avacta - Shareholder and investor meeting webcast
webcast, to be held on Wednesday, May 6th 2020, 5:00 pm (UK Time).

Well - the dust settled and SP stayed at what Stop loss sold AM, so bought back in (Only lost dealer fee)

Looking forward to webcast tonight

GLTA