Member Info for Bloodshot

Brucey, I think its either short term news traders (buy on rumour, sell on news, or the inexperienced, who see a paper loss for a bit and get nervous, then as soon as they see break even or a small profit they take it and run for the hills.
Neither strategy will make them rich but its their money so good luck to them.

Some good predictions there guys. I think were all excited at the prospects in the next few months..esp if we can hit the sulphide motherload that will make the majors show their hand.
GLA

Interesting articles, shows the need for long term testing to protect ourselves.

..is testing!
I know were heavily traded by short termers for now, grabbing a few % (good luck to them) here and there, so the day to day sp will continue to be volatile but eventually it will rise to its true value.
Investors here with some vision, dont need to only think about the here and now or even just about covid.
This company has a great leader and a great team and I reiterate, imo is a future FTSE250 company in the making. Dont get me wrong, if an opportunity to make a big profit comes early ill probably take it (but also leave some in for the long term) or also happy to keep my whole investment here for the medium to long term if neccesary.
True value "right now" imo is probably double todays sp with plenty more to come if were right about a share of the £5b spend on future testing "in the UK alone" plus lets not forget the rest of the world that were already making big inroads into.
With already new cases of swine flu in china and bubonic plague in Mongolia (what next?) and a globalised economy, the whole world, going forward, is going to need "accurate" pcr testing as well as other innovative tests in the future that we can become a part of with our excellent products and ever growing cash pile waiting to be invested.
PCR has been the gold standard test for many years and will probably continue to be for years to come and were right on top of the leaderboard for accuracy and cost.
GLA

Im sure theres a lot of understandable fear/worry from those who lost a lot of money in SXX but I think its misplaced as far as EML. The only (small) worry for me is the financing. Once that comes through it should be plain sailing and with Hayden Locke in charge of that, with a big personal stake, there shouldnt be anything to worry about.
GLA

All academic at the moment of course but its something to think about.

Hope it stays down at these levels for a bit longer so i can sort out some more cash to buy more. Good opportunity to top up.

I must be one of the lucky few to have gotten out of SXX with a nice profit, well before all the finance troubles. Its easy to get caught up in a story and I was one of many early believers but something in the back of my mind was nagging me that a lot could go wrong with such a massive complex engineering construction and there were no guarantees but plenty hope and (mostly well meaning) hype. So I cashed out.
One of the few good decisions in my investing career.
Havent been here as long as I was in SXX but I feel more comfortable in this much more simple project and the very good chance of financing coming through soon, which will give the sp a big lift and im sure the new CEO will have already been made aware of exactly whats required here.
Its ridicilous to be thinking this is SXX mk 2..its a completely different animal.
GLA

Havent looked at any qiagen charts or anything but im sure the SP would have been a fair bit lower before the offer and will always rise to just below the offer price as theres easy money to be made.
Not been in this position before personally but a scenario for us would be something like..
Rumours of an approach monday..sp rises to £5 or £6.
Rumours getting stronger..£7 to £8.
Offer made at..lets say £12 ps..
Sp rises to £ 10 or 11.
Investors still waiting to see if offer will be accepted/increased, whatever.
If looking like it will be accepted then sp would move closer to the offer price..lets say £11.80.
Figures are just an example but I think most would of us would be celebrating.
Drinks and a selection of fine anglo/french cheeses perhaps?

No more cheese puns please..some people are starting to get cheesed off.

Well im not the right one to give advice Doc and you probably dont need it anyway (especially as ive never shorted a share) but in retrospect, it might have been a good idea to close the lot at 225.7 and go long. You might get another chance at 230/40 the way this share swings but 200 is a stretch imo.
Things just seem to be lining up nicely and although a buy out unlikely short term, I wouldnt rule it out completely as some are doing. Feel safer being long here for the medium term at least but what do I know.

Billions of dollars, surely an exaggeration. Better keep your finger hovering over the close short button tho doc, just in case.

You have a point Peggy and Im still waiting to hear more on the massive sulphides that were hinted at last year. In the Crux interview that I recommended newcomers to watch, Nick clearly states that he is keeping his new "sticky" investors regularly updated.
I just hope he remembers that a lot of his small private investors have been here much longer and are much stickier, therefore deserve also to be kept informed.
Although I dont mind hearing criticism here (it keeps the balance and stops us from just becoming a rose tinted fan club) there were plenty miserable so and sos who complained about every piece of news last year and never a positive thing to say (could be offputting to any management who might read here or get feedback) and likely they werent even invested, or trading in and out but enjoyed posting here just to attack the company and wind things up, like my old foe china. Thank goodness hes gone. The board is so much better without him.

Lots to look forward to guys and gals and im sure the newsflow will increase very soon, when those new cores start coming out. Keep positive. Were getting closer to the end game now. Lady luck is on her way and I think she has quite a few bags. I think I counted ten.
Good luck all.

Dont wish to be disrespectful A Rahim but although I know you have some basic knowledge of mining, im sure the highly regarded team of experts (both in house and independent) who are there on the ground with vastly more information available to them, will likely know the situation much better than yourself.
Its not an exact science as you know and they will be learning more with every new core that comes out. Best to wait for some updates before we spend too much time on speculation.

Maybe Tesla have been put onto the back foot by Catls new 2 million kilometre battery. Plenty of nickel in the cathode anyway so all good for us.

Good advice!

Im sure in good time there will be a regular dividend policy to reward shareholders and attract more institutional investors.

Not everyone even knew about the company when it was 10p so I dont think its relevant. Everyone is in at a different date and price. OK maybe loyal was the wrong choice of words and its also irrelevant I guess but long term would have been a better choice. Im an investor not a trader and when I invest I have to think about what the company will look like in a year, 3 years, 5 years time and be prepared to hold for as long as it takes to get maximum value.
A short term trader doesnt need to do much research, theyre taking a punt on what the sp will be at the end of the day or when the next piece of news comes out.
Dont want to have a go at them..each to their own and the game for all of us is to make money but I also get pleasure in watching a company progress as ive predicted. I think ill make more in the long run than the traders who are breaking a sweat to gain or lose a few percent here and there. Not worth the stress for me. Id rather sit back and wait for the big gains that will come with a careful choice and just keeping an occasional eye on things.
I believe Novacyt has a great future..long past the Covid 19 crisis and has the potential to be a successful multi national ftse 250 company in time, so wether your a trader or an investor theres money to be made. I just think my way is a bit more relaxed and hopefully more successful.
A special dividend of say 10% of 200m would still leave 180m so dont see why it would be a problem. Still plenty in the kitty for acquisitions and r&d etc.

Too early now imo but im thinking towards the end of the year, when were seriously cash rich. My prediction was for 200m free cash by xmas.
So assuming that figure, how does 10 to 20% as a special dividend sound?
Even 10% would be circa 28p ps. Hardly going to break the bank and a nice payout to loyal shareholders.

Yes hes one the top contributors here and much appreciated.