Science declared thus gives a higher quality result & that’s what matters. Potential to examine stages of infection possibly also. It’s in good hands...fear not! Next issue making enough of the tests to deliver demand I suspect..and this no doubt in hand too. Millions units per annum @ $5 . Significant revenue.
Should a T/O eventually emerge,I’m suspect the offer would be robust. Pharos often ‘ tick up’ over book value. As MM indicated in his review, it would take away the decision too! Onwards...
1bn? And the rest...revenue from testing royalty likely to move this forward shortly. McNulty analysis last summary point on takeover would be good in 6 months .
Indeed substantial...@ if income ca $200m then at forward P/E of conservât 5 then co value $1m and upwards. Yes.... 5 is low for an exciting biotech. Best wishes to all...
Whatever emerges, it’ll be likely a significant figure. The practicality of the two options signed up to date are both sound in delivery terms to the market. One things for sure the significant revenue that may rapidly accrue here , is probably. likely to exceed current Market cap.on successful delivery.
So if 5% of the worlds 7.5bn used a test annually, and Avacta profited from 10% of these testS then the annual revenue would be ca. $187m... @ $5 return.....ho hum
Just listening to 3rd world doctor’s description of situation ...dire. Seeking testing desperately. What a world problem, let’s hope Avacta succeed for everyone’s sake.
Once a-positive RNS emerges, market will find its own level.....certainly above last close....one day at a time....relax it’ll be fine. Great company, great research ,great products great potential .
RE: "F.D.A. Clears First Home Saliva Test for Coronavirus"8 May 2020 18:42
JR, Yup ,thankfully not a comparable test. Demand will be millions test a day when LFD saliva test emerges shortly. Hold tight not an Aussie in sight! Cheers
And therefore. Bizarre that Filta group a ‘commercial fryer ‘cleaning contractor goes top of the riser board today ( announcing a corovirus clean and associated check product) versus a techno quality company such as Avacta....not that I don’t like chips!