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I just hope the next RNS doesn't keep repeating "we believe we have a strong case to assert our contractual rights". Seeing the p/e ratio finally correct itsself (even if no where near where it should) might put us on the radar
pleased for holders today. hopefully the start of the recovery here.
I think it is great to report in Pounds rather than Euros, hopefully it is going to be a 100% british company very soon. Time to get the Onion noose removed from around their neck and get a decent British company to make a bid. DYOR
Well whatever the reason, it has had a markedly beneficial effect on the SP (up over 6% (15 min delayed)), as I type. Onward and upward, hopefully...
There's reason for NO TWEETS in 3 days!! My guess, those within the company are too busy preparing the pdf for the news release Tuesday.
Exactly ??
Well I suppose come Tuesday we should all know
Then surely they are all late to the party don't you think?
This dispute has served GM well in this respect.
There are French and British Govnt polcy disincentives to negotiate as well.
B2h.....I kindly disagree, any of the big pharmas won't let the dispute with the dhsc get in the way! They will be looking at a long term investment, and won't be worried about the dhsc amount that is owed, when future earnings will be multiples of what we have now.
I think people are making valid points, however, there has been a material change in the situation for good or bad imo. You don't delay your results to the last practical date and then move them forward again on a whim. Obviously I'm hoping for a beneficial outcome.
I'd agree with many on here, we're going to see a move away from the french bourse, it's been a millstone around the neck of this company.
correction - number one customer
Dartron, -
The DHSC dispute IMO is stopping those with a mind to make an offer for NCYT at the moment.
As GM wants THE OPPORTUNITY to build a mid-cap company, there is nothing better than a dispute with the number one company to stop bids arriving. All the time GM is not dealing with bids he is growing the business, and mid-cap status is near at hand. GM won't finish with DHSC until he has to, - but that still might be soon.
Mr Big...Exactly! If the arbitration had come to an end and the talks had failed this would have to be announced immediately. The most likely current scenario is that DHSC have made a firm offer, an offer that NCYT shall formally accept and announce to the market in the coming days.
A court case would have to be RNSed too.
Not sure how to take today's RNS. Either very good or very bad, but wtfdik, I'll just hold.
Was the dispute RNS,d immediatly ?
First thing, I hope the change in date is not a typo LOL.
Publishing the accounts a week early is very positive for what ever the reason. I doubt it will be the DHSC dispute is completely solved, it could be that they have made some progress. These things are obviously complex, and it doesn't boil down to a yes or a no on a particular day.
I really hope they leave the Bourse, even just to AIM would be better.
Urraca....I agree, it would have a immediate material Impact on the SP and there fore should be released as soon as they have 100% confirmation. Who knows maybe a separate rns today
Maybe the Govt though the DHSC have been playing Chinese chequers.
Graham has probably been playing chess.
Urraca, Yes, NCYT would have to make an immediate announcement should the dispute be settle, however there may well be a firm offer on the table from DHSC which the company has not yet formally accepted, my guess is that an offer arrived earlier this week, formal acceptance of that offer is now likely Today, over the weekend, or Monday.
If the DHSC dispute has been resolved DHSC officials know about it. It is market sensitive information. They have a duty to report it to the market immediately.
in my view the only reason to bring the reporting forward is because the dispute has been settled. Otherwise I don't see the need nor wish to do so.
And no urracca, I don't think the resolution of the dispute has to be reported immediately because the dispute itself was also not reported immediately.
MS
So on Tuesday, I expect to see a reduced headline revenue figure and a corresponding provision on the balance sheet re. the dispute. UNLESS we are going to announce the conclusion of the dispute at the same time as releasing the results.
On two occasions in 2020 we did double header RNS's;
25th March: Global distribution agreement with Bruker & contract manufacturing with Yourgene
8th April: WHO emergency listing for genesig & AZ, GSK & University of Cambridge partnership
What is interesting is that they'll have known about the change of currency for the full year results for months (it's not the sort of thing you decide overnight), so why leave it until the 11th hour to announce the change?
I suspect they've been lining up their proverbial ducks whilst keeping everything under wraps.
Talking of private sales reposting of this document from yesterday
https://www.gov.uk/government/news/government-sets-out-laws-to-validate-accuracy-of-private-covid-19-tests
True slight eggsgeration, but a fall from 1200 to 300 odd in a few months despite increased offsetting private sales does highlight the loss of value and potential recovery
and possibly discreetly counter shorts, by setting a time limit and quite frankly it is about bloody time! this went on far to long... hopefully the tide will now turn, especially as the saying wouldnt want to be out over the weekend, actually means something this time :)