RE: The future11 Apr 2021 10:50
If most are honest I’m sure most would say they would of sold on completion of phase 2 contracts with a buy back coming before potential winter wave.
I can only see a further 20 percent plus drop Monday . Minor percentage pullbacks on the way down. Cash is king apparently but we have no road map for the future....yet. GM rns have been terrible. earnings will be much less...They don’t know where they will be...The whole world is battling against covid and after 12 months look how far we have come. This was hammed up , contracts in dispute, potential legal battles. Orders appear to already be drying up and that’s why we are placed here it’s a sinking ship. People comparing P/E ratios from other companies, wake the f*ck up, can anyone say nova is going to be around in 5 years time...no, we don’t have a crystal ball. It has potential but it’s still one trick when compared to other mid cap. Oh there is another job advert on linked in....
I stuck around as I was expecting a bounce back but it’s failed miserably. Red flags are there.
Don’t get me started on the director buys in November. Sucked everyone in. Sorry to be doom and gloom but This is the second company I have lost a lot of cash in. Even with new lft’s hitting the market the dhsc certainly won’t be taking up orders after legal action. They are happy with the cheapies. We have no confirmed future. The contract was massive. Wasn’t everything but it will wipe over the half the value of the company imho. Bring back the good old days when handjob mentioned nova. That’s all gone now. History. Hands up who is out first thing Monday ?
In time this could recover but sentiment has gone, cash pile isn’t as big as previously stated and the ceo likes to keep things from shareholders. Disaster IMO.