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More galling is the fact that clearly knowing where they were with regard to income, they considered a salary increase appropriate at the AGM before they were required to make public the desperate reality of the sales figures.
Blood sucking shysters.
No wonder there were no RNS's forthcoming about contracts. There are no contracts to RNS.
Aaaand the market doesn’t care. Ffs
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Baby steps.
The fact it's in an RNS is a huge step in the right direction. Maybe, just maybe they are starting to listen to collective voice of their shareholders.
Could....could.....could
See that word recurring in your post.
That's the problem, where's the substance? Where's the fact? Who are all these companies that COULD be buying/selling our product.
You'd think the BOD would falling over themselves to tell us.
I don't really want to here any more COULD. I like to hear some fact, some contracts, this is who we're doing business with and this is how much they will be buying going forward.
Substance please.
When the substance is forthcoming the shareprice COULD recover.
Lets look back at this post at Christmas and see how much of the COULD actually became DID.
Kaeren, I admire your positivity in this business.
To me it just looks like another MTRO, another business that is "worth" so much more than it's share price suggested, yet there it is still wallowing at the same level years later.
I'm underwater here to the same degree as many, fortunately I don't need the money so I don't have a compulsion to have to sell and move on. This is effectively now a retirement investment for me, I'm 52. I expect it to take that long before I'm back in profit.
I think the market has looked at today's RNS which it was expecting and just wonders how long this is all going to take.
So the share price ambivalence is a result of the market ambivalence to the DHSC situation. It just doesn't care.
In reality the market has just said, "come and let us know when it's settled" because until them it's .....meh whatever.
Email recived this morning from IG, when every previous year trying to vote through them for NCYT has been impossible.
Getting desperate are we? Good - start listening to your investors.
£100 arrangement fee - no you're alright I think I'll pass. I think I'll pass on voting too - it's about time they really got the message.
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2022 MIX OF GENERAL MEETINGS
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What do you genuinely expect to happen in the next two weeks?
There's very little we can do here other than hold and hope or simply sell and carry on with life. There seems to be very little interest from the BOD in informing the market what they are doing or where they are going and I really don't see any sign of change on that front.
Nothing will change here until the enourmous cloud that is the DHSC dispute is dealt with one way or another.
My veiw is this, and it's nothing more than an opinion based on my own meandering throughts.
Bio have taken a small position pending settlement of the DHSC dispute before they decide what they'd like to do with NCYT. I don't expect to see any further TR1's until said dispute is dealt with.
I still feel the dispute is partially awaiting the outcome of the GLP JR of the ABDX case. Why? What does that have to do with NCYT? - Directly nothing, but I feel like it's being used more as a test case of the procurement policies in place at the time - and that does effect NCYT - to a degree. I feel it's enough of a degree for the DHSC to simply say "we need the result of that review before we considers our next move - it's in national public interest" blah blahh blah - delay delay.
I feel they issued a counterclaim simply due to hitting a pre defined timescale in the formal resolution process - it effectively reach a point of settle or litigate. As they are likely killing time, litigate was chosen - afterall it's not their money is it. It's the bottomless pit of taxpayer funds they can play with.
So where does that leave shareholders?
The only real voice we have is when it comes to voting for the resolutions of the AGM. Think about how you wish to use your vote, assuming they've bothered to actually send you the resolutions and you have the facility to vote.
https://twitter.com/abingdon_health/status/1522556714003931141?s=21&t=yJcOSwhkEc45_p3znUNOSw
Fingers crossed this is the cork that's been in the DHSC settlement bottleneck.
I was thinking about last Monday's RNS over the week, especially after the comments from the managment about them actually seeing it as progression.
As shareholders we have so little hard fact about this dispute the whole situation is really guesswork from our perspective. Not knowing the framework of the mediation or the timescales of the same we really are stumbling in the dark.
It was the "progression" comment that got me thinking though. Maybe mediation has hit it's time limit at about a year. With no agreeable arrangement arrived at the DHSC either have to pay or issue a counter claim. I'm now wondering if they are awaiting the outcome of the GLP Judicial Review and have simply issued a counterclaim to buy more time.
Who knows? Well, I hope we know something after the JR, Abingdon Health management certainly appear to be looking forward to the results of the JR suggesting it's not going to paint a rosy picture of how the Gov behaved. That's got to be a good for NCYT surely?
There will be very little said tomorrow that going to make a material difference to the SP. We've been waiting patiently for this update looking forward to guidance on where this business is going now that UK PLC has deemed covid no longer exists.
Then completely out of left field, any possible upside was then completely blown out of the water with the Ill timed news on Monday.
Back in the drawer they go.
Nothing will improve the position in this share until the DHSC situation is dealt with and cleared in it's entirity.
Switch off and come back when that RNS appears, until then this BB can continue to squabble about manipulation or whatever other conspiracy theory tops the chart that week. None of it matters. The DHSC dispute trumps everything here and the entire business is in a form of Limbo until it's sorted.
Seems like a reasonably balanced artcile to me and good description of why we're in the limbo we're currently in.
Information about where the company is going is key. Not where it's been. Hence the seeming lack of interest to the wider market.