RE: What now?11 Nov 2020 10:34
JD: "...... now they havent got their 500% rise in a week, AVCT and AS have deceived them all and robbed them of their dreams. Come on....people need a reality check and some objectivity here."
Well not 500% in a week but actually a lower SP over several months, so the criticism is valid but what we have learnt is how fragile the SP was at around 160-180p and now it seems to be valued at about 100-115p. The "good news" I guess, is that with this vaccine furore in the press the SP reflects more accurately its value now there are alternatives on the near horizon. (This is what was making most investors so nervous, this worry about being beaten to the punch, well, its happened, so the boil is lanced now)
After this fall it is difficult to make any sort of case for any further rises until positive news is released. The Twitter updates reminded or perhaps confirmed that progress has continued to have been made and all the tests and procedures in the pipeline are ok, ie not failing. Time however is still THE critical factor and Avacta don't need us to tell them that. My concern was that the tests, scaled up, were going to fail, that TT was not possible but this seems now not the case. And with confirmation that everything is still on track for Q4 announcements, some positive news really cannot be far away now.