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Forget the biz idiot. Giving him to much oxygen.
I am surprised that not many comment on the 550 other assay products available, mainly on the animal side. Tucked in with these products are DIY assay tests. There is a whole smorgasbord of other revenue generating products. The primerdesign distributers list is an interesting visit as you can see novacyt products and the offerings of others.
In fairness the other products are a sum of the parts revenue until a sudden need creates sudden demand like the corona virus.
Takeover? Luckily the reliance on primerdesign could result in a takeover of both French and english companies and the primerdesign diagnostics side sitting separate. ?
The virus has shown the need for top quality diagnostics companies. It's a shame that those that helped create fridays rns does not understand that need.
Airlineboy Well said and I could not have put it better. I have paper loss of 20K and what will be the point of selling now. As they say it's not over, until FAT Lady sings.
Bizeeboi what's your game? Grow up. IF you don't want to be here, then fcuk off but do not spread your mindless fears and panic, they achieve nothing. I have you sussed, I've read your entire posting history, what tiny, little bit there is of it. YOU are NOT genuine, so just go someplace else and whine and grizzle there. Let's wait and see what happens in the coming days and weeks. Novacyt is FAR more than a one trick pony, we are selling to over 150 countries and while the news we received was a blow it is NOT the end of the story by a LONG shot. Running around as you are like a headless chicken achieves absolutely NOTHING. It's not going to get your money back (if you are actually invested, which I doubt). If I'm being disingenuous and you are invested but messing your pants, simply cut your losses on Monday morning and go elsewhere, otherwise do as I am and watch carefully what unfolds. I personally still wholeheartedly believe the future is VERY BRIGHT for this amazing company and it has been amazing. You do what you want and I will make my own decisions. Just stop it!
@bizeeboi lpray to God you really lost 50k. Nobody deserves the loss more. Novacyt will be bk in the future. Yes it will take a bit of time. Numerous new products yet to reach market. New products outside of covid etc etc. I'm down at min but that's part of the game. Just deal with it and move on. You popping up in posts left right and center. Nobody gives a fk that you lost 50k. My guess is you never and your a shorter. Deramping. Either way fk off and do one and dry your eyes elsewhere Good Luck all at #nova. Its not over till its over and yes we have had a kick in the teeth but this could open a whole new chapter and better comms. Keep the faith
mburns -
In case those two are insufficient, - there is an update from British government :
21.07.2020 - New protections for UK businesses key to national security and fight against coronavirus
https://www.gov.uk/government/publications/enterprise-act-2002-guidance-on-changes-to-the-turnover-and-share-of-supply-tests-for-mergers-orders-2020
+++
These policies may just be the support that GM needs to make NCYT a big hitter.
Mourns I get your anger but 1 pound wouldn't help have a word with yourself that's like cutting your head off because you broke a finger nail, we've all taken an almighty whack, I've been a year building a respectable holding , so everybody's hurting to some extent.
Ps I agree Rns/comms have to improve just to stop these pathetic snipers claiming we have only one product.
Amers is that who it is green box to me although I may unblock to start reporting.
mburns -
Yes the French and British governments can stop a takeover.
https://www.skadden.com/insights/publications/2020/05/france-moves-to-protect-strategic-assets
https://www.gov.uk/government/news/new-protections-for-uk-businesses-key-to-national-security-and-fight-against-coronavirus
++++
May have made it clear they are prepared to act already, - but we wouldn't know.
These criteria may make it too much *rse ache for a foreign takeover, unless of course the prize is REALLY worth all the aggravation.
This is partly what GM is counting on to allow him the opportunity to get NCYT to Mid-Cap status.
Other policies include keeping sales and financial information out of RNS's,
to make it difficult for Predators to Predate, and small contract wins remain unannounced.
A side effect is that shareholders complain (and rightly) about lack of info.
As a long term holder, - I'm in agreement with the above as I believe maximum shareholder value will be achieved this way, particularly as there are only 70 mil shares in issue.
Can the government stop a take over ? I feel a TO would be the only chance of this returning to a sense of professionalism, it needs proper leadership and the sooner Mullis is gone the better. while he's there this business will never succeed on the stockmarket. This is a life style business for him, investors are not in his responsibility orbit, except for the fact he was fully aware of the exact amount of ramping going on especially the very professional skilled and genuine sounding ramps. That is why he kept his mouth shut, he had to stay silent so the ramping would succeed and it did, but he knew........As I have said, he has no boss, no one to answer to, he's now in an extremely comfortable position and an enormous yearly bonuses. He doesn't communicate with the market and will never play that game, why? Because he doesn't want to it's of no interest to him. I don't blame the MMs this is all down to Mullis. Didn't he get the shareholders to vote for all his powers ? And NO stage has he ever attempted to support shareholders on the contrary he has time and time again destroyed shareholders values whilst increasing his own. So yes I would love a TO and even though I have lost way too much money and a bad time for me I wouldn't care if they offered £1 for it because then it might feel investable something that Mullis will never be.
In short no. But would make it difficult to valuations, indemnities etc.
They need to settle this.
Would the UK Government block a takeover, now that we're no longer have a contract with DHSC?
Any potential suitor is unlikely to be put off by yesterday's RNS.