RE: YouTube Video23 Aug 2024 10:42
Unless they've further slashed opex then the losses continue, cash burn continues, next to no forward looking news looks to continue, absolutely zero director share purchases, horrendous comms with shareholders seems to be continuing. And so on. Literally all that has happened that is tangible recently is the £12m inflow, which is great but it doesn't warrant a 2.5x in marcap for a company losing 10's of millions per year."
No the rise is down to ncyt being on the herd radar due to monkey pox.
If ncyt cash in then it completely changes the outlook in terms of burning cash and forward plan.
The question is will they?
If they don't a lot will get burnt
If they do then a lot will get rich.
Pure aim at the minute
faites vos jeux!