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What corner is that then? The one where we reduce revenue qtr on qtr? The one where our cash burn is almost £1m per month?
Wilson - accidently .
I’m fairly sure warren wouldn’t invest in ncyt, literally un-investable
I’m fairly sure warren wouldn’t invest in ncyt, literally un-investable
Patience my friend. In the words of probably the best investor in the World (Warren Buffet) "If your not prepared to hold a stock for a minimum of 5 years then you shouldn't hold it for a day"
Well said Valju, a lot of non-invester's on here.
You dont care about the figures, you just want sp to drop back to late 30's so you can rebuy and wait for it to rise to late 60's and make your crust! imo dyor you are the worst... closely followed by others... #butitsaim and likes of you, come with the territory!
Looks like someone wants the price down so they can get in at a lower rate - presumably not invested anyway!
No imo a corner has been turned...
You really havent a clue have you?
Val - we’ve apparently been showing thought for the future for 2 years now and year on year the figures are a disaster. Literally burned through £5m cash in 6 months. Covid cash pile gone in 8 years if we do nothing else.
What’s the relevance of that? I’m not being paid £0.3-0.4m a year to run the company. Someone is, and they’re making an absolute mess of it.
Are you happy with the update?
Q1 forecast £1.7m
Q2 forecast £1.6m
We’re going backwards
Couldnt! lol and I have fat thumbs!
PL100 lets face it, you could run a bath! never mind a Company! #giveitarest for your own sanity!
Wilson selective parts of otherwise quite reasonable rns, showing thought for the future, building for the future and any worthwhile Co, building for the future, isnt instantly in profit or cash rich... BUT! Nova are and by the time they become the MID CAP Co they aim to be, the cash will be flowing in... imo and the BoD will earn millions instead of hundreds of thousands, and retire on takeover, by a Major? ALL imo, dyor.
Traders just want lower to buy back in! Overall very balanced rns this time well done JM
PI100 you are relentless with your one liners. You should be on stage in the comedy store. Why not just please give it a rest for your own wellbeing if nothing else. Thanks.
Needs to be invested quickly given the burn rate
It's another nothing trading update. Cash burn a little higher than one would ideally like but hopefully we'll see that translate into organic growth soon. Still £50m to invest post Yourgene acquisition.
Morning taverham are you accidentally or deliberately ignoring ygen's trading update from today
P.s the other two comments are green boxes to me.
Interesting RNS from ygen this morning
Seems to me that interest on cash in bank will produce more revenue than the rest of the business- time to wind it up imv and return the cash to shareholders!
£5m cash burn in 6 months.
£7.1m opex
Board out, now
Here comes the dump then.
3.3m revenue in 6 months.
Wilson, no probs, it's certainly better than having a bloody great needle stuck into you belly, and all the dangers that come along with amnio.