RE: Investing in Novacyt is a huge gamble1 Jan 2024 16:06
Happy NY to All. No investment is risk free, important thing is try and limited the paper losses. I was well under water with Novacyt, but have managed to avg down to around 90P. I believe when we win the dispute, sp will be around £2.50 to £3, which will make me decent profit. No doubt we will be T/O target, with money in the bank and have products, which are being sold around the world. The only thing worries me is the clueless BOD. If you like a reasonable sound tip Please DYOR, would PFC. It went down to around 17p, due to short attack. BOD released excellent RNS and it jumped to 40p in 2 days. I have little holding around 71K shares and expect SP to be in the region of 80 to 90p. Please be aware I am a gambler, as HC and other LTH will tell you. My aim is to buy new F Pace, with profits from here.