Comfortable12 Jun 2020 12:09
Timed the top up's badly on the way down (160 and 150, after initial entry at 105) and now have more than I had planned at a price I am not willing to trade however, I feel comfortable and remain excited for the future. If I had not topped up at 160 and 150 on the way down for sure would be topping up now - however no further funds :(.
The risk reward looks very attractive from here.
Forgetting the BAMS opportunity, which looks nailed on;
IS the LFT likely to work ? Yes it works.
Is the test likely to be best in class? Would appear there is a chance it could be.. (would be huge if it were confirmed to be, HUGE)
Is our test likely to face stiff competition? Unlikely, there are currently no tests available on the market at present and only few in development.
IS AVCT simply a COVID play? No, there is significant additional near term value potential with AVA600. Not an expert in this area but this play looks to be nailed on based on the data/results following the testing on Mice. Would be interested to understand the major risks associated with AVA6000
There is then huge blue sky potential related to precision Chemo treatment.