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The company will be bankrupt on 1 decision completely out of their hands
Far better opportunities on the market. This one is pure gambling
Pretty much why no one is touching it with a barge pole. II’s aren’t interested in such potential downside.
There’s no way IMO they will lose. NCYT lost millions because DHSC changed their mind. DHSC lost to abdx & others in similar disputes. Huge upside. Don’t forget as well, NCYT have essentially said there’s no way they’ll lose, hence the counter claim of £80m
The market thinks very very different.
I recommend you read the difference between abdx and ncyt claims
I fully expect NCYT to lose this court case hence no position.
If you’re in for a 5% bounce trade you really should say. Somebody could very easily lose 100% in this share on one 7am RNS.
It could be be tomorrow it could be Wednesday
Do you trust a word ncyt say?
JL76 the market is NOT judge and jury. Your full expectation of Ncyt losing the case is like a gypsy reading a crystal ball, full of cr*p. We do not know what is going to happen, more likely than not a compromise would be worked out. The said product in dispute is fully approved so DHSC has little chance of completely winning the case.
Would be fascinated to hear why you believe Novacyt will fail in defending the claim by the DHSC. Exactly what it is you believe that you have pinpointed in the contract that Novacyt failed to deliver, it would be most enlightening.
The longer this goes on be assured the DHSC are fully confident they win.
It’s a completely different situation to ODX and ABDX
Even those 2 are at an all time low and they were in a positive situation with the DHSC.
That is not what I asked you , I am aware of the differences between the three cases. The duration of the dispute is not an indication of an outcome in favour of either party. If you can answer my question then I would appreciate an answer. Thank you
fwiw - i still think ncyt have a good case - though of course we do not have the full details. i would not like to tempt fate by saying they can't lose
at this moment you are correct in that if it did go 100% against ncyt then things will be desperate. so ncyt have to make sure that they use the time and money they have to secure the future....they could spend half and really change the picture. they would still have £45m to pay dhsc and could pay the rest over time
..
And if they win they will be rolling in dosh .
Sweet dreams dear Swag. Jl says fanks for answering for me.
A poster who visits talking tripe about confidential stuff that no-one can know should be ignored. Legal cases like this drag on and on and don’t often go to court at all. I said this over a year and a half ago. People thought it would be over and done with by end 2021. This could be years yet and no-one has a clue about its outcome. Dhsc are a lumbering monolith run by mandarins and Boris’s corrupt govt. took advantage. It means nothing. Pay no attention to vacuous doom-mongers.
If 18 months ago you thought this would go on for years. Why did you buy or hold ?
NCYT in my opinion know they’re are snookered hence holding onto the money.
Individuals coming onto this board say “no way will they lose this case” are in hope for a quick 5% bounce and are more than happy for other investors to be completely wiped out.
The odds are stacked completely against NCYT, it would be settled by now if odds favoured NCYT.
Huge huge risk that will wipe out your full investment if it goes against you.
For these kind of gambles you’re far better off in a casino
JL you’re hilarious. You go on all these boards deramping lol. Read the RNS’s rather than make stuff up. The bod thinks they have a strong case not only to win, but to counter. Or worded abother way, a string case to multi bag. They don’t even need to counter for that to happen
No you go around these boards pretending to be an investor when you’re in for a 5% trade
Youll be no where near NCYT on the eve of the court case, you have no idea what’s happening you’re just hoping to rope enough newbies so you can get out with 5% profit and leave them to get wiped out on court case result
Why have you disappeared from MODE forum. It’s was the Best Buy on the market at 5p and it was going to 50p.
It’s now 2.3p and you’ve disappeared, not anybody who bought on your say so is 60% down in 4 weeks
Do not make our you’re holding ncyt until court case result. You’ll be out at 9am today.
jL76 filtered - clearly a shorter.
This share is clearly undervalued.
If it wasn’t for the court case it would be 3X higher
I’ve been keeping an eye on it for weeks and it is due a huge spike especially with Covid cases at record levels
But after seeing what bunsenburner did at mode I just wanted to warn people of this individual.
Someone to ignore.
"And if they win they will be rolling in dosh .
Sweet dreams dear Swag. Jl says fanks for answering for me."
i see the PB is still having a pop every possible chance. lol
maybe should try to read what i said (positive they will win) on a thread of what would happen if they lost - instead of seeing monsters under the bed.
JL76. You are obviously correct.
We have as much chance of winning as Saudi Arabia beating Argentina in the World Cup.
Every time you jump my posts I will post back , back to ODX and bully the women there , you are a like a stalker , not a nice trait.
Grow up.
karen - if you read - i was answering the OP....nothing to do with you..hadn't even read your comments on the thread
but you as usual just have a pop every time you can and then want to claim you are the victim -
very much like someone else on odx ?
very strange for someone who early on said they were not interested in engaging with me? i wish it were true
anyway as i have said a number of times before ..... i really..... am not interested in engaging with you . so why don't you just let me be...and i will have nothing to respond to...and you will never hear from me again...deal?
.
i got a great idea..how about just leaving me alne
For what it is worth , one of TW's boys posting about NCYT , explains a lot of visitors , you can all guess who .
https://twitter.com/GaryNTrader/status/1595037311238303745?s=20&t=xEBrwcwT2FG7eqcu-1_-tw
What is TW?
TW - is tom winnifrith a marmite figure who runs share phrophets.
personally i quite like him and he is often accurate. not a big fan of gary newman - one of his writers and we have clashed in the past on other shares. i find he takes too much delight in people losing money and rubbing it in. not a good look