1. If you DONT believe long term this will be a £10 plus share (Long term 6 to 12 months) then BUY now and set a sell price at £4.90 in the FULL knowledge that at SOME point before end of March news on CE mark and commercial sales will land - and the sheer HYPE will spike this over £5
If you DO believe long term this will be the best thing since slice bread (And I LIKE sliced bread so you know where I am ) and that this will be seeing £10 plus or Takeover or both in the coming months then HOLD what you have - Buy a SH*t load more for a short term hold - set the new SH*T load of shares to sell at £4.90 and then enjoy the short term multi bag, and wait for the long term Cashpot
Well - Lovely day - great to see a strong close and almost closing at the high if the day
RNS TOMORROW??
This is beginning to be on of the most watched stocks and with the right RNS in the coming days should see sheer pandmonium on the scramble for shares.
Todays RNS while not lighting any fires under the SP after yesterdays reasuring (ITS COMING) RNS, is a great reminder that AVACTA have so many different strings to their bow - and while COVID in its own right appears huge now - in reality the company is building a solid foundation capable of building a pharmaceutical giant in due course.
There is nothing to stop furthre RNS later this week (unrelated to COVID tests) as further develpments progress down the pipeline.
Looks like we will be testing £3 BEFORE the COVID news - and therefore £5 is definitely now on my radar for end of the month.
After my AUTO spell added a 'B' - i was tempted myself to put some links to pictures.
BUT REMEMBER - the EUPHORBIA PLANT is one of the most FAST GROWING shrubs that is highly resistant (Sounds like we need to name a new variety as AVACTA
Before anyone gets the wrong idea - I am referring to EUPHORBIA of Boris Johnson magic wand that SUDDENLY it all ends - JUST LIKE THAT - Magic - I have declared (says he) a ONE WAY route that we will be back to normal (We WONT)
It is illuminating to see that stocks that jumped up this morning (Cine/ Rstaurant group etc) pulling back now
It is ALSO interesting that other COVID stocks (Novacyt) are dropping MORE than us - WHY - Because they have a double wammy: (Magic wand from PM on one side and the knowledge that Avacta are on route to capitalize the market by end of March/April)
As anyone that remembers I have held from £160 to over £2 and back to under £1, and now holding and did not sell when back to £2... WHY
a) The share is MORE than COVID b) On COVID we know that CE marking will happen which will spike back up above £2 (So if I wanted I could sell then - BUT I DONT WANT TO) c) There is a whole world out there that is NOT / will not be vaccinated d) The travel industry alone to get back to international travel will be a nightmare for the fear of new strains on the Government and testing will have to continue for years e) AND THEN THERE WAS CANCER