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Actually..just looking at charts.. There was a huge jump before gov contract. My bad.
Point taken
I know nothing about ekr...that seems bonkers
Harchris ...my comment was about wb seeming to say that ncyt reputation was a reflection of sp. From memory the sharp rise in sp was after the gov contract. So my conditional statement still holds
Interesting estimate on the valuation. I would need to see profit v expenses on ygen before I could agree. Without using the cash ncyt has... I am really not sure on tgat
Wb...it is dangerous to think the case is won. I have always thought ncyt had a very strong case. There is one thing that slightly bothers me..but overall I am happy leaving my money in on the roulette red or black.
If you are relating spnto reputation...one could argue that the gov gave ncyt their reputation.
I would prob argue that the price around £2 was right for the time..bio interest saw it spike up.but the drop from there to 40p is all the company's own making.
Time lost with salad man and no coherent strategy on the non covid stuff.
Ygen has given a new lease of life..and I think LR was the best leader we could hope for
Quite honestly take the cash away and what would you value ncyt at? The old portfolio seems worthless judging by sales over last couple of years...ygen is interesting but it bankrupted itself.
If ncyt win as I still think they will...despite my slight worry...then you have a company with a load of cash in difficult times. However they still need to prove they can make a profit
Harris..my play is on the big one..the decision.
What it does in between doesn't matter to me. ... It will be make or break for my holding
Can understand going for the trade though
Andy ..you must not take fakey too seriously.
He is just pump and dumping from his mums basement
It is not rubbish..my experience in years of dealing in shares.
When a share is fast moving the quote can get removed before your time limit..i suspect if what you say is true...and not ability to press button or powers stopping you as you originally said.i suspect then the share might have been dropping super quick....you probably could have sold at a lower price but chose not to
A lot different from a flatlined share where mms are desperate to trade
The increased cash is good.
The sales are not impressive. Remember 15 months with 'sole focus' and 'target market' of USA.
Hence net profit is only "expected"
The share has flatlined and will drift down again
i think some people are selling cos they might have bought in for a quick trade on the hope of a collapse of gov case after pre trial and or negotiation...or even just the jump from mid 40s
i can't imagine lth are going to sell after waiting for so long...
i know i considered selling to buy back in lower..but could not be ****d.
win or lose it will be transformational to so..so a 10% or so isn't go to be worth the effort
i think it will go to trial 100% now...but could easily be wrong.
Rubbish.
Occasionally happens with fast moving stock...not with flatlined
Really you don't understand my post?
I will try to make simpler for you.
5-0 said it was difficult to buy.so I tried and was offered .
So I don't think his comment was accurate l
I didn't buy.
Whilst I said there may be a trade at the share lowest pain ever..I certainly would not buy at this price.
Company barely making a profit and still have huge risk with gov dispute
Andy..i also did try a buy and was offered . Not sure on the validity of 5-0 comment
5-0 can you qualify how "we know there is a background buyer"??
There have been no tr1 s to advise of someone buying significant quantities?
Do you think a settlement or court?
1 vote for court
"Be under no illusion , the govt wanted the case stopped "
Well I did ask for clarification what you meant by this twice. With no answer . So you can't blame me if It sounded to me like you were saying they were desperate to stop it going to trial
I just think people should not get too carried away at this stage. Still lot of miles to go
Yesterday was good and bad news for me. There is something that is slightly bothering me .
Val...different govs obviously ..but I do AGREE with you...same xxxx
But it also supports my view that the gov want to be seen pursuing hard earned tax payer money.
If they win quick and cheap ..good
If it goes to trial...good
If they win...good
If they lose...good..they were seen to be chasing...money will make little difference to them anyway
Karen
We are not talking about the ramifications on them bring successful. We both are agreed on that if you read. I have already explained why I think they made the application..trying it on ....as val says on the cheap..cheekily. But that is a lot different to
"Be under no illusion , the govt wanted the case stopped "
You suggesting that they are desperate not to go to court..just doesn't make sense
Remember they are the ones taking ncyt to court in the first place.
"Disagree Cap, they wanted to win "on the cheap" now, the Dhsc know they cant!"
you are not disagreeing with me - that is what i am saying
they tried it on - tried to bully.
does not mean they are desperate not to go to court
"Yes CS , they did."
What? I still am not clear on what you are trying to say? they want the whole thing over? or desperate to avoid a trial
i still disagree no one in the gov will lose sleep over it going to trial
"If the DHSC had won instead of the application being dismissed , thrown out , not upheld , the consequences could have been dire for NCYT. The trial may very well have not proceeded with the judge saying no chance of success."
agreed..but as i said this was a good tactic for the gov legal team and trying to bully - doesnt mean they are desperate not to go to trial. they tried it on - it didn't work. i am sure there will be more fn an games to come
"to learn that they don't have us over a barrel over some technicality related to the contract, which may have been difficult to defend."
well i think it is jumping the gun to say that it is not difficult to defend against
it is still going to court an quite a lengthy court hearing
"The DHSC now will also know how NCYT intend to defend their claims re the tests suitability ( that is how the judge made her decision) and it may well result in them being more inclined to settle ,"
i suspect they knew this all along already - they have clearly had numerous talks before it even went to court.
plus if you look at the filings - the particulars of the claim were made as well as the defence. plus the amendments
furthermore nyct barrister already knew they had a weak case on the judgement.
imho i dont think anything new was learnt by other party yesterday other than a feeling for the judge
The reason i hoped for a settlement is that ncyt would still have considerable cash after the whole covid thing. lets face it this small penny share company did win the lottery...and ability to transform themselves.
court case does carry risk - no matter how strongly i feel they have a good case
a settlement would have seen both sides win something in my opinion rather than one losing big at court - whether it be cash/solvency or reputation