Member Info for CaptainSwag

"Wouldn't be surprised to see a good bit of news this week, has a feel of a share that's building to something good. MM's keeping it at this level for a reason!"

really? do you have a feeling in your water?

utter tosh..i bet you no news this week..

with 7 trades there is nothing for the MMs to move the SP.... needs some action one way or the other

Fakey - how is 6 trades for a few grand looking good?

if it were a patient it would be a flatline!

Wb...if people are putting money into ncyt now then I suspect either they believe the ygen products will do well or ncyt win give dispute or both.

Not everyone was in at £10 etc and so will be taking it as it stands today. It is valued less than cash ..so some might see that as a good risk v reward ratio.

I would not gamble on them products at the moment personally. I would wait for the 6 month master plan.

I am gambling on ncyt winning dispute...and a deal could happen at any time though realistically much closer the court date deadline.

Wb ..welcome to the wild west of AIM

Wb.. the reality is that you might well have lost the lot. If the decision goes against the company then the reality is that it could well be game over. Unfortunately there are no guarantees .

Unfortunately once you pressed the but button ..you gave control of your money to someone else

Many of us on here have fallen foul of aim.

Things in hindsight that were too good to be true

I hope you recover your losses.

WB - tbh i dont think ncyt will ever see £6 again....not with current (lack of) management

I could easily see £2.50-£3 if they win the gov dispute and receive the additional cash.

in which case i agree with harchris - take the cash .... and then I would suggest to possibly look to invest in another company more likely to double.

the reality is that this is a mediocre (at best) company which won the lottery with covid. Had they got a decent ceo in straight away then maybe they could have used the cash they had to forge something.

but all that has happened is that they have wasted time..lost sh sentiment and frittered some cash away.

yourgene portfolio seems to have potential but do this management know what to do with it.? when the 6 months evaluation are up - will it just be more vague salad

LR would probably be a better bet in terms of ambition - but he has already bankrupt one company

Jam tomorrow ...

Atan..fakey knows full well the state of the company and lack of future prospects ...which is why we get the fake n paste and monologues of spam...all to deceive .

The company gave the thinnest smear of jam possible ..to enable fakey and his minions to have something to play with...in order to.pump and dump.

However why would a new investor find odx or for that matter think this was a get rich scheme

The benefits of these boards is to hear contrary views...you might learn something and at least hear the opposing view.

So don't think you can have a go at the naysayers however painful it is to hear..

Quite honestly it is a huge risk at this stage.and why so is where it is on its harris

However I have been in similar situations..sold out and kicked myself.

It looks like being a binary decision...with the probability stacked against pi.

At this moment...I think there is more chance than before.

I still think la mancha are in to protect their interest . If they were going to make it a private entity then they could have done this already.

I don't think mancha want a private company as they are a fund who are looking for returns on their investments over 5-6 years. They therefore are in a better position if you can buy and sell shares .

If they were going to go private .why not put a glencore person in charge?

La mancha have I am guessing a much better ability to organise other sources of fund than the old bod.

If they sort it out the SP rockets and they gave regained their investment back.

In order to get around the 20p nominal value I would think we need a vote and pi are not going to vote like turkeys for Xmas for a wipeout.

What I don't know and maybe somebody could help is to what percentage of sh votes is needed to carry such a motion ?

This is not advice to invest...it is a gamble..with the odds against..but I am sticking for the time being

I agree with harchris..too many people think they have to recoup losses from the same share...averaging down and throwing good money after bad.

You need to take each stock as a snap shot of where it is today.

Personally I would only get in ncyt if I believed they would win gov dispute..which I do.

Leave in for 6 months and see what happens.

They have a lot of potential with ygen...but I am not sure if they will do anything with it.

I have little faith in ncyt management.

Of course any sign of lurgy and the share will also get a boost .

Tell me you don't have an answer to the question without telling me

Fakey you still haven't answered Jon's original question

If rns so good...why sp dropping.

No boom boom soldier boy for you

Jon - you have to get used to the cheerleaders not answering the questions on here. some haven't got the brains for it and others know the truth won't help.

fakey will go off on a rant and copy n paste ad nauseum

Exactly jon

Usual jokers on here just making stuff up , and distorting stuff to try and get me to waste time pointing out where they are doing

only for them to repeat the same made up stuff next week and the next week and the next week ad nauseum..so waste of time.

it is all to deflect from talking about a company that yet again will have a loss making year.....owe you the tax payer money....has no new significant contracts ..etc

The sp is what is ...and it is going lower mark my words..you have been warned

Gone from " increasingly confident" in August to " The Board remains confident that the Company has a compelling case"

Does that sound as confident or a little less?

Sounds less confident to me ...probably cos no progress has been made ..so they know the gov are not going to give up .

Could it be that the gov will take odx to court?

Personally I don't think odx will risk going up against st the finest lawyers in the land ...with the risk of having to pay back plus costs

Given they never understood the contract or when it was over?..lol

You decide...it is your money

But don't blame me if it goes pear shaped! You were warned

Publican - i hear what you are saying

but as i understand it - at the moment they cant place at less than nominal of 20p

yes - they could do a share restructure but that would presumably need a certain percentage of current shareholder votes .

do we know what percentage is needed?

even if they did have the necessary votes - what is stopping PI fighting the decision? i was in HUR where they tried something similar and lost in court

They may have been "increasingly" confident in august - but i am going by latest rns.

since they dont mention it again in the latest update - are we to assume that they lost some of that new found confidence?...

maybe

""There is no further progress to report in our dispute with the Department of Health and Social Care ('DHSC'). "...means reality has hit and they realise the gov are not going to give up til they recieve their (tax payers) money back

"Put aside his clear attempt to fraudulently post old information as new"

if you look i have quoted the last update...so more deception from the pump and dumpers...digging up old news

of course the fact that odx did not understand the contract is relevant - if they had there would be no dispute....they would not have signed in the first place

£4.4m was 30/9/23 - company confirmed that results would be in line with previous forecast -£3.8m at end of march

£4,9m revenue - inflated due to orders that could not be fulfilled last tax year and still company states

Adjusted EBITDA1 £0.0m (H1 2022: restated loss £0.4m).

· Loss before tax £0.7m (H1 2022: restated loss £0.8m).

revenue or capacity is not profit and does not guarantee it

also from rns

"H2 is expected to remain strong, although in the absence of any further backlog to fulfill, is expected to be slightly lower than H1 FY24 with the full year's revenue expected to be in line with market expectations."

in other words another loss making year and cash burn

"There is no further progress to report in our dispute with the Department of Health and Social Care ('DHSC'). "

so no mention of being more confident -

"The Board remains confident that the Company has a compelling case." - of course they have to say that to challenge gov..but in reality it is a nothing statement - thin smear of jam with nothing substantial to back it up

coming from the company who signed a non contract and didnt even realise it had lapsed

market agrees - just jam tomorrow and only a smear at that

Atan...well let's be honest they can't make a case for investing in odx other than by lying or distorting. No imminent news on horizon or substantial new contracts.

Company have confirmed another loss making year with more cash burn

I agree this is heading downward towards 2.25...beit slowly due to lack of any liquidity