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I was. Steady rise today, then big boost on Monday would bring us bigger rewards. Don't get me wrong though, if your 300% rise came about today, I wouldn't be crying over it tonight.....!!
Always been my issue with this share - France hold the cards (no offence our EU cousins) ... otherwise everything else is almost perfect.
Speak for yourself. I'd love a pre close rns with bumper sales, and new joint ventures that whack the price up 500%. But I'm not greedy, I'll settle for 300%.
Just need our French friends to consolidate and hold above that 3 euro barrier today and NCYT will be sitting pretty for next week. This is a nice controlled rise. Don't want fireworks today, just steady as she goes.....
we definitely need the volume to be around 6 to 7 % of capital traded we are at .69% at the moment, The best we had this week was around 4.8% . I think everyone is holding on to their shares which is why i expected to see a tree shake today so the MM could get their hands on some.
French market banging away at 3 euro level, but struggling to get through. When (if) it does, we'll see a wee uplift over here. Patience required here, but has the makings if a break through. Just need the volume and positive sentiment.
gggg21. Where can i find info about the saliva test you mention in your post? Cheers
Oh and in the mean time. Take your pick from other news ready to drop any time.
Mobile test
US update
Sales update
AGM resolutions - divi?
Curve ball?
You can see the chart how it is climbing up. As harts said and we know saliva testing is coming with novacyt. This will be massive game changer. I believe this is just over a week off. This will get us the massive additional U.K. orders and more globally. Patience is a virtue here. Have a good day all
Not hoping for fireworks today, just a nice steady uplift that would put NCYT on the investor's radars when (or if) this ever elusive RNS lands. There's enough news around this to make that happen today. Nothing concrete, but enough to generate a wee bit of FOMO.
This Autumn we have COVID V Flu possible new Swine Flu lining up, which is why we are seeing the £5bn being put on the table.
When you see the damage already to the economy £5bn is small change to keep the wheels turning, money well spent hopefully to benefit all invested.
I hope our sales rise doesnt get lost in this 5bn news
Just a 10% share would generate half a billion over two years, that would change the outlook. No guarantee NCYT will get that, but they have to be a good bet to do so. That's just the UK.
Add in a solid RNS (probably Monday now) that shows solid sales (rather than just a healthy potential) and it shows the company has a solid and highly profitable future. This alone has to drive FOMO buys through today.
No, it's not based on fact today, but it is based on a high degree of probability tomorrow. Hence FOMO buys.
Guys, I don't want to be negative, but Novacyt will not take those £5B alone. I believe the Government will allocate between 10 Companies. One think for sure, Novacyt is on the list and may be we are the number 1 to get the value. All good news around us Guys.
You're talking rubbish seadoc, I'm sorry. Of course until we get official news of a contract or see the breakdown of that spending it's only speculation. But I will say it again. It is without question that novacyt/primer design (through its partnership with AstraZeneca) is playing a big role in the UK's testing programme. The announcement that the government plan to spend £5bn over the next two years building up its diagnostics capabilities is massive news for novacyt. I don't see it as positive or negative. If for some reason novacyt are completely overlooked then going forward this company will have to look at new ways to use its recent cash injection to grow. It's where it was before and inevitably the share price will eventually dwindle down.
IF however it does get a decent amount of that £5bn, well...
seadoc quote : 'I guess that depends on which company gets the £5bn?'
You see thats where you expose your lack of understanding. No ONE company will get the £5bn. You didn't know that? Oh dear doc you don't understand these things. A number of companies will get contracts and I haven't seen anyone here claiming NCYT would get £5bn contract. What we are saying is we are - undisputably - front runners to get a contract - a slice of the pie. Do you understand now? Is that clear enough?
Sorry Johnny, I meant that this news imo is enough to move us north without an rns. I think we can break the €3 barrier in France, rather than see a 50% rise or anything that dramatic.
Seadoc - it's none of those things. But it involves some critical thinking and also an observance of how much money governments throw around in infrastructure projects. You can sit here all higher than thou but you can't deny that a promise to spend £5bn over the next few years building up UK diagnostics has potentially huge ramifications for Novacyt.
Thats right El gringo. Just the UK. I imagine many other european countries will follow suit including Germany our second biggest purchaser! Also dont believe it is a conincidence our new HT test and mobile testing are released at a similar timeframe to this new spend budget.
I believe. Topped up c.£20K this morning. Covid testing top of the agenda, the world's waking up to the fact that this ain't going away.
£5bn of future Government spending is a massive Carrot to dangle for any majors looking to join the party, put's NCYT in a sweet spot for the UK.
But the beauty is thats just the UK, " Off the Off scale "
Soup, that’s great as it ties in with the release of the new test and allows the share to rise on anticipation.
The deadline for expressions of interest for the framework is next Monday. So will be a few weeks before anything is heard.
Crish, you may have mistaken me with another poster. This is my first comment on this. I suspect your hopefulness on this news is misplaced, as has been the case recently the price will not move here until the market gets some concrete numbers in an RNS. The days of wild surges on speculation are over I'm afraid.
You keep saying this Johnny but I think you're grotesquely wrong. We're at £180m mcap vying for a big chunk of the government's £5bn of future spending. Shares rise on speculation and the upside of this is enormous.
There won't be any rise on this news until we have some confirmation in an RNS, which seems unlikely imo