Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Am I the only one who doesnt see this as a massive issue?
Contacts can be signed with conditions in i.e. that CE mark is achieved
I am sure they will be on the case of the MHRA now and the ongoing discussions with distributers and customers will mean THAT RNS is likely to be huge.
Not phased about any drop on open, I am sure it will be bought into. At least now we have an explanation and go back to original anticipated timelines - 5-10 days.
SJ you’ve created an account purely to comment on AVCT which completely undermines your argument and makes your agenda very transparent.
Current significant shareholders are as follows:
Premier Miton Group – 4.66%
Baillie Gifford & Co Limited – 4.63%
Conifer Management, LLC – 3.54%
All in from lower levels warranted but none of whom have sold. Regardless of what levels they are in at they still HOLD which means they still see value at this level and higher.
You have also provided no evidence to support your claim of questioning validity or sales.
Filtered.
I personally question anyone’s agenda commenting negatively on a share they are not involved in. Yes free speech is fine but you must have one hell of a dull life to go to the extent some posters of these do.
Either that or they are trying for an entry or got burnt previously.
Well regardless of what happened today both the MHRA and Avacta/Mologic will I’m sure want to put this whole debacle behind them. If true, both have made mistakes and it’s all quite embarrassing.
This will probably work in our favour as we will now be front of the queue as everyone will want to move on and sweep it under the carpet. CE marking tomorrow is a big possibility and so it is not dwelled upon over the long weekend.
Here’s hoping.
Certainly the drop today seems to be well bought into - a few posters on a public forum does not reflect the market.
It seems those who can influence the share price are holding firm and the 'market' is confident something will happen soon.
JRDC some of us use RNS' to base our investment decisions on
AS clearly states in the most recent LFD RNS " We are looking forward to receiving confirmation of the registration from MHRA in the coming days" - that is the timeline we have been given and hence that is the expectation. If it was up to 30 days then fine, but at least state that.
You are also clouded with the sovereign test decision, CE marking opens up product sales across the world - so yes time is of the essence.
Ignore the trolls - smart money buys the zip
We are now in the buy zone technically as per video below (trolls and mms likely know this and squeezing every drop they can)
https://youtu.be/Afth1-SsAy4 - AVCT from 5m 50 sec
News very close, hold tight or add
I would certainly counter the all time low, as much as I am frustrated I know this is out of the hands of Al. Anyone who has worked with the public sector knows how long govt can take. In this case it’s ludicrous given the benefit this test can have.
Let’s hope they’ve front loaded a lot of the work so when CE arrives things come thick and fast.
Also agreed that orders will move the SP - however, I expect following the award of CE, things will move very quickly and CE and orders will be almost simultaneous.
The govt. will have surely undertaken all the necessary arrangements and assessments in terms of qualities and logistics (as per all the bidstats info) and once the ball starts rolling the snowball effect will take place for AVCT.
Agreed, as an Avacta holder for over a year now it is getting pretty frustrating all this waiting.
Yes I understand patience is required and a lot of this will be out of the companies hands
Yes I understand samples may be difficult to get hold of
Yes I understand government entities can be difficult to deal with
Yes I understand that this is a first class LFT which may need a few iterations before it is complete
Yes I am overexposed here as I am sure a lot of us are
Yes I am happy to wait a few more weeks if required
What is frustrating here is the missed timelines which AS gives, if he said early Q2 for CE/CV then fine just be realistic!
We are lucky most of the dreamless were in the NCYT camp else we’d be getting an earful
Let’s hope we get something later in the week.