RE: No Wednesday RNS 22 Feb 2023 08:14
So, we have gone from great expectation to maybe just an expansion on what we already know.
The "progress" report in January as we have discussed to death was ambiguous in the scale of the success, leading as always with this company to more questions than answers.
The lack of communication is beyond poor. The example of the LFT being pulled with a commitment to improving it for re-introduction has not, 13 months later, happened, given that an advantage of the tech used was for fast adjustments. That is at best very poor if not misleading.
Announces a 5th DE and 5 weeks later no news. So yes, tomorrow is an important day for AVCT to calibrate the level of progress, to let SH's know if/when an MTD will be reached and to get the timelines of this trial back on track.
The sooner this company gets bought out the better because they don't seem to have either the resource or skill to allow investors to know whats going on in a timely and professional manner, the lack of which leads to wild speculation on both sides of the coin causing swings in the SP, which is not ideal for investors to try and make long(er) term decisions.