Huge rise coming3 Oct 2023 06:36
Avacta confirmed last week that the Pre|CISION platform works! The Chairman has even stated, in a legally approved RNS statement, that the RESULTS are 'Ground-Breaking.'
"The clinical data emerging for our lead pre|CISIONTM drug, AVA6000, is ground-breaking. We are seeing a dramatic reduction in the usual toxicities associated with anthracycline chemotherapy and we have clear indications that doxorubicin is being released in active form in the tumour microenvironment.
Avacta has moved from not wishing to discuss the phase 1a data until completion of the study, to publicly stating that the results are ground-breaking - yet you can still buy today at the same MC as was prior to first patient dose!!!
You can be 100% sure that when Avacta release the detailed data (could be anytime now) it is going to blow the market away. There is no way the Chair makes such a comment in an RNS weeks prior to data release, if said data is not absolutely blockbuster.
I dont think there has ever been such a huge disconnect between market value and asset value.