The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Wake me up at 50k cases
The last blue finish was on Friday at 121p, todays was 120p, so it’s down
The dispute thing Kaeren is odd, I agree. Out of all those billions spent with 100s of suppliers, Nanopore, ODX, ABDX and NCYT had issues. I’ve never found a list detailing out all DHSC disputes so no idea if these are the only companies. Have there been any overseas companies apart from Novacyt, again who knows.
Hi Kaeren…biofortuna was discussed last week. They developed worlds first freeze dried PCR in 2014. I don’t know enough about the science but from a layman’s point of view the technology has been around for a long time.
https://www.nsmedicaldevices.com/news/biofortuna-obtains-fda-510k-approval-for-sspgo-hla-pcr-kits-270214-4185522/
The volume was 10,480 today in London. It’s the lowest volume in 2 years and 7 months. Not a single trade today in London above £1007. A £496 uncrossed trade took it from 115.975 to 120. In France it finished over 2percent down on volume 16x that of London.
Gradually moving up! It’s gradually moving up due to the CAC40, that’s all and it still dips in the middle of that movement. Hardly moved at all. It bottomed at 105p and now 120p (which Uk will fall tomorrow on open and France will go up ). Same piggy back pattern every day. Less than 20 months ago, we were sat at 1200p and now people getting excited about a 15p rise over a two week period from a low of 105p?! Wow.
Kaeren, for all we know, Biosynex might have completely sold out. There’s plenty of iis in the past who held more than 3% yet never notified the market (These can be found in the RNSs from 2019 onwards).
Reference the science prospective, I don’t know enough about who has the best reagents and tests. Everyone company claims to be a first responder or world leading but Novacyt certainly weee nowhere near the fastest at bringing out the Monkeypox test. 8 years behind the quickest company lies freeze dried PCRs as I mentioned last week. If they are great then why the Ajan Reginald accusations on the tests in private eye. If they are great, why the DHSC claim. If they are great, why are we not selling. If we are great, why no takeover at MCAP under cash levels. If the products great, people will buy anyway but that isn’t evident from the figures. It’s all very well a few commentators on here claiming it, but unfortunately it means nothing at present.
I’m not sure what the point is that is trying to be made?
1/ We aren’t Biosynex and this is a Novacyt board
2/ Biosynex no longer see Novacyt as an investment case (hence they sold their shares as rock bottom prices).
3/ Biosynex are financially much better equipped for MA, and to action out their strategy, 206m euro profit in 2021 and can afford to pay out on dividends and don’t have a £130m legal case hanging over their heads.
4/ Their MCAP is only 50m euros more than ours and arguably should be a lot more than Novacyt.
5/ biosynex are a million miles away from Novacyt. People read ‘point of care’ or ‘decentralised’ and put 2+2 together and come up with 5.
6) this share is dead, no volume, ATs dried up, trading dissapeared.
7) no matter how many times tata show an express machine, we know the revenues in h1 2022 are woeful and no covid revenues are worse than pre covid levels.
8) DA should be ashamed to take a salary
9) our board are crap.
….much less risk than Novacyt.
Their share price dropped 30 percent in four months and shows no sign of stopping. This is a holding comms just like DAs £100m in 5 years. Sounds like they have their very own salad man too. But Biosynex is obviously
Well, this share has officially flat lined in the uk.
I don’t know what is more useless in life……CEO David Allmond or CEO David Allmonds comb……..it’s a close call (Apologies to Will Smith fans).
Did you know that the last time the volume was lower than today (10,480) was January 17th 2020 (10,310).
They say that about footballers and football injuries. It’s really easy to avoid if you don’t play the game. But some people love playing football…..
Sharestack…..the Chinese bought two brand new A320s that never flew. They were completely stripped, part by part. The comac c919 was then born. You can copy to some extent but it won’t help them with certifying an aircraft. Likely to never fly in European skies.
That’s the Chinese way for you. A country built on stealing IP and ideas, in order to copy and build products invented in other countries using dictatorship to treat their own people like slaves with zero human rights and no consideration or regard to the rest of global humanity that they continue to bully.
V5…..your iPad is based on the designs, standards, materials, processes, leadership imposed by Apple in America and designed in California. If China didn’t build to those exact standards it wouldn’t be built there. Most people can open a box of Lego and build to those instructions. China are an assembly plant, that’s all. Lots of things are assembled in China due to cheap labour. Don’t mix that up with creation of the master plan though. Their own designed cars, plains, mobile phones etc are inferior to the west, hence why no one buys them as they do not follow the same safety standards or build quality you’d get in western countries or places like Japan and South Korea. No doubt they are improving but that comes from stealing ideas and methodology.
It’s a Chinese website, they are bound to say it. Everyone knows that the Chinese lie and cheat and copy just about every global business out there. They don’t know how to play straight, hence why all their products are cheap and rips off of the real thing.
Surely this is false advertising then? If so I’ll happily call them out on twitter.
https://twitter.com/sansurebiotech/status/1554370287809966080?s=21&t=1dhAbP_IpsVSML5bm75swA
Are the volumes reported on investing.com correct for APND? It says they have 8,982,520 shares in circulation (with another 3m share raise to come I think). So in 3 days 327m shares have apparently traded hands! If data correct, that’s over 36 times the entire share availability has traded in 3 days which is incredible. All for a monkeypox test.
Pull your finger out DA.
POTUS
“I remain committed to our monkeypox response: ramping-up vaccine distribution, expanding testing, and educating at-risk communities.
That's why today's public health emergency declaration on the virus is critical to confronting this outbreak with the urgency it warrants.“
https://twitter.com/potus/status/1555330409105424386?s=21&t=nOz3C1FMgMxZbGhH2SQ0HA
US health stocks seem to be going like made at present…….here’s a list I just saw on twitter…….can we hope for some recovery here and look past DHSC?!
I wonder what APDN has which is better than Nova as it’s still flying.
$LLY -2.50 %
$ARRY 3.94 %
$APDN 40.73 %
$AMGN -0.54 %
$NNVC 34.15 %
$NVIV 78.73 %
$MRNA 4.30 %
$KRTX 4.62 %
$GOVX 31.02 %
I don’t pretend to know too much about the science aspects but didn’t biofortuna come up with the worlds first freeze dry PCRs in 2014?
Your level of knowledge on this share continues to surprise me Valju.