Well3 Jun 2020 10:17
If you have all changed your pants now!
Go and look at NCYT, not with a view to buying but look at what is happening there. Possibly a guide to our future? Maybe not, but look at the facts and figures and by Christ do not read the posts! Not there or here for that matter, most likely some mumbo jumbo espoused by some self-proclaimed investment guru.
NCYT has received strong sales news via RNS yesterday which was followed by a large drop (55pence). Today they have announced that they have cleared their secured debts, that the unsecured loans have been converted to shares, the majority of which cannot be sold for years. They also have cash in the bank. What effect this will have, well we will see by watching the SP performance. Are you watching Sir Al? Maybe things that AVCT can learn.
Just a note, please don't try and interpret what is happening over there. My point is as someone that is NOT invested there (too expensive IMO) I watch to see how things are turning out as they are ahead on the curve. So when you hear people say expecting RNS announcing this or that and then tell you SP will do that or the other. It might just be an opinion that means very little.
I do hold here, and I bought at the right price, and I am a very comfortable holder.
DYOR and ATB.