Shifting the focus away from Covid15 Dec 2020 11:35
Having a few minutes spare, I popped back and read the R & D update 16th November and the RNS yesterday re the new tests being launched. The more you get your head around the situation with new virus strains and mutations, the more you realise that testing is here to stay. The Panorama special last night on the new AZ/Oxford vaccine was very educational as well (I personally will be first in line for a jab when able to get one) and gave some re-assurance that we are (as a species) learning a lot about developing strategies to cope when something like COVID-19 appears.
However, it all starts and finishes with diagnostic tests at every stage. Have you got it? Have you not got it? Has your vaccine worked? Does your vaccine still work? Have you got something else.
The more I learn, the more I realise that Novacyt (with that massive first mover advantage) is a diagnostic and testing company not a COVID stock. No wonder GM bought £500K worth of shares and that the broker reports are so bullish.
ShaunP's 'Patience' word will be rewarded irrespective of the short-term volatility of the SP. Never been in a stock so heavily before so my money is where my mouth is. GLA