Member Info for Brentw1

Personally, I'm not sure if all this endless (and to a degree pointless) speculation is a good or a bad thing. One thing I am sure of is that it is just guesswork and plucking figures out of the air. It was a widely held view a few weeks ago that £300m for YE 2020 would be a brilliant result. With all the massive figures being thrown around, coming in at that figure would probably be considered a disappointment as expectations had been ramped up to excessive levels.

Anyway, we will soon know and I personally prefer my expectations to be exceeded rather than fall short. Not trying to throw a bucket of cold water over it btw (too much invested in here in terms of percentage of the portfolio) but suggest it all calms down a bit! GLA

You have far too much time on your hands :-)

What a load of absolute rubbish expecting charts to be valid on a stock like this. Still, each to his own I suppose :-)

Smithy, you are well out of order and should consider an apology quite frankly. That is is you have any decency at all because my guess is that your comment about older people will have offended a huge number of people on the board.

Do you know something Walshberg, I don't think (looking back at your 39 posts) that I've seen such a miserable, self-opinionated and negative (about other people) poster for a while. You really do need to go and chill out :-)

Not exactly huge volume!

That would probably be the end of Novacyt if it could not hit the ground running when peak demand for COVID testing has past. Fortunately GM is no fool and I would not mind betting that an equal amount of effort has gone into that behind the scenes.

The avian flu tests are evidence of it happening already.

I personally think that 'charting' is of little use (or male cow excrement if you prefer) on a share as volatile as Novacyt, and doubly so in these uncertain times.

However, each to his own and whatever floats your boat (Personally I prefer audited accounts and the odd RNS backed up by institutional investment!). GLA whatever your 'religion' :-)

I might add that in my opinion, the share price will be largely driven by II's when we see the final results for the year. They won't be interested in the cash on hand, they will judge the BOD by what they have done with the profits to create share holder value.

There is not a date as such and any predictions of the amount of money in the bank are totally speculative. The rate at which Novacyt has grown will require huge investment in working capital. So I would expect big increases in manufacturing capability, huge increases in inventory and we already know about the staffing increases. I would also like to see significant investment already in further products, sectors etc.

All four of those have the potential to generate ongoing revenue and increased profits for a sustainable business in the future.

Too much money in the bank is a wasted resource that generates little or nothing.

I think a bit of top-slicing and/or profit taking happening at the moment. I bought my tiny allocation in the placing along with the £80 million worth that the II's put in. It's was not fun watching it go sub £1 but I was not really too concerned for the longer term. I would hope that the climb back continues this afternoon, but a slow and steady return is preferable in my opinion than scaling a cliff. This was desperately oversold on sentiment but we now have concrete news of how progress is being made. The US angle is a massive factor. GLA

I personally don't think it makes a great deal of difference as to when the US markets open. My son works and lives in Chicago. He buys and sells shares in the US and over here whenever either market is open if he wishes to do so. He just logs onto his UK broker account. Just my opinion of course.

Merchantman, sorry but I have no idea! (A phrase that my wife uses often to describe me).

It's all to do with liquidity and availability and it's the market-makers who are doing the buying and selling on behalf of shareholders. Once the auction process is over, the system goes back to automatic trading. If you want to achieve a certain price for your shares, I would suggest setting a limit sell. It's worth a Google if you want to understand how it all works.

Having done some proper homework, I personally will be first in line for the Oxford/AZ vaccine. It has been produced using the traditional approach which is tried and tested. A lot of people focus on the 70% efficacy but the trials showed that even if you developed an COVID infection, you suffered a much milder incident.

Each to his own research and watch out for the fake news! It was all over the internet that one of the first two people to be given the first dose of the AZ vaccine had died after two days. She thought it was hilarious when she was interviewed about her death :-)

As for Synairgen, COVID is only a very small part of where this drug could go. It's easy to think of the company as a COVID share, when in fact it is in the treatment of dozens of respiratory illnesses. GLA

Alpha.

During the trading day, the matching of buy and sell orders takes place on a real-time, continuous basis known as regular trading. Auctions differ from regular trading as matching is paused for a period of time, during which orders are collected from the market, which is known as the Call Period.

At this point in time, where the electronic order book is effectively frozen, the matching algorithm considers the orders that have been entered and calculates the price that the maximum amount of shares can be executed. The goal here is to find the most popular price, rather than the highest or lowest price.

At the end of this Call Period, orders that can be matched are executed in an event referred to as an uncrossing, which takes place within a randomised 30 seconds of the end of the Call Period – meaning it could start after 1 second, after 2 seconds, after 3 seconds, and so forth.

Notably, a very large proportion of the daily volume of shares traded are executed during an auction due to the large number of participants that focus their trading during these intervals.

graking - funnily enough, vaccines do work. For over 200 years in fact.

Edward Jenner is considered the founder of vaccinology in the West in 1796, after he inoculated a 13 year-old-boy with vaccinia virus (cowpox), and demonstrated immunity to smallpox. In 1798, the first smallpox vaccine was developed.

MMCQ. A few days ago I defended you and suggested to other posters that they give you a break. However your posts and behaviour today make me embarrassed that I supported you and stood up for you.

Methinks BeforeGolf is having a laugh. No-one with any sense would come up with that figure lol

At least I can spell lol