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Sorry missed quotation marks on last paragraph :-)
Agreed, It's a 'hail mary pass' from the the DHSC and nothing more, once defeated they will settle in short order.
Will be intresting next week, big buys will mean the big boys feel the same.
In order to defeat an application for summary judgment, the applicant must show that the other party has no real prospect of success. This is a high standard, and the other party only has to demonstrate that its case may succeed at trial.
Hi Amers , no nightmares about the case, I'm confident with what I know, but been bitten on the xxxx by this before 😁
I'm pleased by the latest development, bring it on , we've all waited long enough.
I too think it is pivotal Neil.
Hi Kaeren - My take is Gov are trying to test the waters, as to what Novacyt have to say. This will not go to full trial, as they will have lot more to lose. Our case is solid, now you have good night sleep and no nightmares. I have been away for 4 weeks, the reason for not posting. Minimum £2.50 to £3.50 coming
Seems dhss believe ..primerdesign ltd /... have no viable defence ...
Having considered Friday's announcement, makes little sense at the eleventh hour, have the DHSC backed themselves into a corner? If only we understood which aspect the application concerns, are they attempting to force our hand and accept a reduced settlement. The application shall not consider any evidence in detail.
Part 24 of the Civil Procedure Rules sets the test for summary judgment. It is there for appropriate cases to be disposed of summarily: when there's no real prospect of success.
My best guess, is that this is the formal process that the DHSC has to follow before throwing in the towel, their last throw of the dice.
I feel that Friday was the beginning of the end and I shall be surprised if this dispute now goes the distance, hoping that this shall be settled very quickly following the pre-trial review.
CS , you posted 20/4 13.25...
'It was just the change in wording that was not only a surprise but very welcome.'
It was what they wrote in relation to the application for summary judgement, that took us all by suprise. It was strongly worded and they are confident it will be dismissed.
Now as the burden of proof lies with the DHSC , Novacyt must be feeling very confident to issue that statement.
I expected to see share price volatility until approx a week before the trial commenced.
My question, to which I don't know the answer is..
Do we collectively feel that the DHSC are using this as a test case to determine whether to go to full trial , if it was a minor point, why bother, is it tactical because Ncyt have to respond and therefore they will know before full trial how Novacyt intends to contest the issue in question ?
Furthermore does anyone view this as a critical turning point and potentially think any ruling will be indicative of final outcome or alternatively negotiations to settle to begin in earnest. Whilst I fully appreciate that non of us are aware what the application concerns , there must be a motive behind proceeding in such a fashion.
Not bullying or harassment just not letting people like you and 10PI100 get away with your horrible little agendas………if people read back over your posting history from the start they would see what you are all about
Dinglewolf I've noticed all your posts are relating to harassment and bullying others on this BB . Cut it out okay !
Govt already behind vaccine delivery for RSV ...They have learnt very little
The survey you refer to is now over a year old. It has been surpassed by any experts worth their salt ( imo ) by HN51 in prime position.
https://www.linkedin.com/posts/juanlama_study-shows-experts-rate-influenza-as-the-activity-7187657196287995904-zHXp?utm_source=share&utm_medium=member_android
Https://uk.yahoo.com/news/next-pandemic-likely-caused-flu-085221498.html
Not a trader a LTH………some very intelligent, well informed and interesting people on the BB and you are 100% not one of them……….your mad ramblings are laughable
And there you go again Dr WBA……..you are extremely random and act like a child………in the beginning you were saying Novacyt was the world’s greatest share………..then it’s an absolute dog and you should have invested in RR……..then it was great again……..back to its rubbish and you will never invest in AIM shares again let alone put more money into Novacyt……..then out the blue you say you’ve invested 50k and Novacyt is fantastic again and going to make billions and your leaving your investment in as its going to be £25……….your a very shady nut job
Dinglewolf , let me correct you. We are not trading , we are investing ! Let's get that right . We know you are a trader.
Calm the fek down WBA…….how your acting and talking now is the reason you got yourself into such a mess investing………nothing is settled or won yet !!……..embarrassing !!
I am sure last 6 months there must be some research done on acquisitions . There must be an eye on a good acquisition and it could come soon after the DHSC case is won.
If the vibes are positive and we get a quick acquisition within the next few months and its a good company with good margins then i would hold most of my shares. I have around 210,000 shares. Remember £130M+ cash is huge for a AIM company
Val.. I don't think anyone is suggesting is not true...and many of us believe ( with the limited knowledge we have) that ncyt have a strong case.
It was just the change in wording that was not only a surprise but very welcome.
Normally ncyt don't seem to care about shareholder sentiment and don't bother with giving any encouraging wording in an rns.
Unfortunately with aim that hits hard.
No news and sp always drifts down.
The rns could have been worded more neutral and I would have bet the gains would have been partially wiped out.
As it is the inevitable drop back was halted and momentum back generated.
With aim ..you need to be bod and CEO to understand and play the game. This attracts sentiment and newbies..
Also enables trading etc.
LR knows the game...and although it won't make a difference long term...he will either bankrupt the company or hopefully make a success of ygen products....at least there will be an interesting ride and opportunity to trade or top slice.
A chance to make back some losses
If we get the cash..and can make some more acquisitions then who knows it might be a share for the future.
It certainly will make me evaluate on a good result rather than diving out asap
Jeeeez man how many Rwd Bulls have you had !!!!
I love your positivity but you need to calm it a bit and keep your feet on the ground .
Figures like that will just make people laugh and maybe not take you seriously anymore
I think hitting £4.21 is acheviable if all goes positivly re Dispute maybe this year
£6 £ 10 in a few years ( who knows ) would you hold the stock to see if it hits £25 ?????
I think with £130M in the bank , there is so much potential to acquire 2 or 3 companies that will generate an annual revenue of £100M+ and form Novacyt into a multi billion pound organisation . This company could well be £25+ per share in the next few years.
from my mobile, before the adverts kept, bouncing around and literally cancelling out the type!
was that, lr would not jeopardise his new appointment, or indeed neither would sg, by being over zealous with an rns, that stated very weak and very confident, without thew grounds to do so?
so there must be something going on in background, to enable them to present such a strong rns about nova's position.
hence it is all over bar the shouting of dhsc lawyers, bleating, because they are paid to!
thus with a potential over 100 million plus in the bank and yourgene's sales and nova's sales, as long as they turn a nett profit, and cover costs, it is only upwards and onwards from here!
maybe not to the dizzy heights of £12 ish, immediately, but, most certainly, into the multiple single pound-s rather than the current pennies sp?
what is not to like about nova - cyt - gene - or whatever, becoming a decent player in its billion dollar market?
as p buc said, what will it be like in say 2 or 3 years from now? never mind 2 or 3 months?
all imo dyor and apologies for the moans about the adverts, but ,they really do get on my ****! when trying to type a longer post!
all the best lth
I think we are all in agreement,whoever wrote it put a lot more positive slant on things.
Shush, I know what you saying , but its all about how LR sells the story and what promises he can make to convince the Institutional Investors. If they see real rewards and there is a clear solid business strategy , then yes , they will come on board.