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Yes. I G showing 0.6875 $
As you are a significant shareholder (I am also) I am surprised as to why you ask the question why there are very few ii's invested here. There are a number of reasons, AIM, Bourse, history etc, however the
dispute with the DHSC, CM's departure and poor comms are major factors. Other Covid related shares also have low
levels of ii. My instutional colleagues who would like to invest view the dispute as too high a risk and believe that once there is a resolution, they will jump in as they feel there is a fair amount of upside even after the rise that such a resolution will deliver, however it pans out!
I keep reading the posts here though seldom offer a view. However, the constant remarks re the bod's not buying in is a silly one. They cannot! There is a significant 'material' dispute unresolved and until it is, the bod's are unable to purchase shares, issue options et al.
When there is a resolution all will correct itself. The current Covid situation, while assisting in robust sales growth and producing a nice cash pile, it's not the reason why you should invest in NCYT. You invest here because it's a leading diagnostic play. The sensible here will understand. We will all see the benefit of medium term investing here, though in the short term, the punters will scream loudly. Dyor...
P100 & others who keep repeating the question, 'why are the BOD's not loading up at such low prices?'. Well, lets repeat the answer shall we. With a dispute as 'material' as the one with the DHSC, they would not be permitted too. Simply stupid! There are some legs to the thoughts that there may be a 'take out' here or indeed a 'take over', but we will just have to wait and see, won't we!
P100. We have been over this point several times previously, though once again just for you. With a dispute the size of that with the DHSC, (relative to total turnover etc)?and its 'matetial'?nature, it would not be allowed or appropriate for the BOD's to acquire shares at this point in time. Whether the dispute resolution is near or not it would not be appropriate. The entire BOD 's will be party to proceedings, so such action prohibits all. Please try not to keep repeating the same question. We will receive an update from the Co soon. Sit tight and be patient!
P100. You should be asking yourself why on earth you invest in shares if you dont understand how they can move, both up and down, especially those listed on AIM, covid stocks and Co's with a volitile background. Welcome to NCYT. If you are investing long term, you dont take any notice of short sharp movements, either way. You choose a share for the correct fundementals. There are many punters and MM's here playing with this share, manipulating its price, taking short profits, both swing & day traders. Ignore, learn or move on. Use your own broker or invest in managed funds etc. Your choice. DYOR.
big bangs. Quite a bit of sensible thought in your post. Of course, the competent investor was no doubt aware of the contract details as its been in the public domain for months. It was a back-up contract for the DHSC. A simliar or completely new contract could be put to ODX in a matter of a few days if needed. Are we in a better position now? Dam right we are. We have c£17m if equipment on a free loan which ODX will probably acquire at a later date at a huge discount. This has vastly increased ODX's production capacity right at a time when the world is screaming for lft's. With no DHSC contract I assume ODX are able to use the entire DHSC capacity. Maybe ODX asked for confirmation from the DHSC to formally terminate the contract so that the decks were clear for commercial orders. Interesting!
Can't understand the panic here. RNS content fully expected as some here had already predicted. Obvious that the DHSC contract was worthless to those who had digested the detail... Phase 1 and Phase 2. The smart investor will sit tight and wait to obtain the required authorisations. I've always seen this share as c£1.20 and should get there once the dust settles. Is CK a good CEO? ... no and in the coming year he needs to step aside and hand over to a more sales & ?marketing focused leader. Thats exactly what NCYT have just done! The punters are disapointed for sure.... Dyor folks but I'm hanging in here and a substantial holder.
Lots of chatter here. Some interesting, some friendly banter, some completely worthless. As I have said before this bb full if punters, not investors. Most here never run a listed company or held a decision making post in their life. Here is some more chatter..but dyor.
1. There will be no BOD buys until the DHSC dispute outcome is made public.
2. Ditto re share buyback.
3. No takeover or acquistions either, as above.
4. Lots of positive news to come shortly.
I would agree that the RNS could have been worded a little better and yes, the final note should not have focused on the estimated potential £3m shortfall. However, I would suggest that DA is getting all the bad news out and clearing the decks so that once he kick starts his communications, there will be a number of positives to report. He probably requires time to take a good look at the current situation, form opinions, make changes and to come up with a forward strategy, with the desire to start off with a clean sheet and build shareholder value. It does mean that there could be one or two other bits of negative news to come, though one would tend to think that would have been released today within this RNS.
Not easy times for shareholders, though this is where the patient win through and the impatient lose out. Remember, the difficult part of investing is the waiting.
Pretty sure it was not!!! All good things come to those that wait!
I am staggered at the behaviour and statements from a number of posters here. DA has just started. CM has just departed. Lets give both a break and be respectful. Of course the 'punters' here expect to hear good news within a week. Remember, they are used to seeing a horse run around a course. DA is NOT a jockey!
The DHSC dispute will be finalised soon. In the meantime this Co is steaming ahead with what it does best, producing excellent R&D and selling its products globally. If you are an investor here and done your research, you will be prepared to wait for the sp to correct itself and when it does, we will all be very happy indeed.
NCYT is sticking to the knitting. All the chatter here re takeovers etc is ill founded and pure speculation IMO. NCYT is simply busy meeting current demand and launching new products.
Watch this space!
No, the £12 SP return is not mentioned in the resolutions, however if we all vote and allow the company to get on and manage, we will see the recovery of the SP...and quite soon. A new CEO, dispute resolution, strong sales, new products and the oncoming winter. Ncyt is not a horse, its a growing Co. It needs time and support from investors rather than erratic punters. Yes, they have not done everything right but they have taken the Co to great heights. We just need to wait for recognition, better comms and positive sentiment.
Yes, SH's should be treated as equal and I believe we are all treated the same. Everyone is entitled to vote, however punters are not normally interested. They want a quick return and get very agitated when events do not
go their way. Hey ho!
Vote folks and lets allow the company to get on and manage the business.
This bb is occupied in the main, by punters. No clue, no idea, no focus. No interest. Ncyt is simply a horse!
This company has grown robustly over the past few years. Covid sent the sp upward, as did many other shares. The 'punters' entered the frame, as are thus allowed, though the sp has declined. The business has improved and the sales are strong, maybe stronger than we realise. The DHSC dispute has created a short term sp hickup. However, if u are a real shareholder vote now and support this bod's. The punters here, as dissapointed as they may feel, add little to SH value. Vote now and support the BOD's, as I have done so with a substantial shareholding today. Onwards and upwards. If you believe in NCYT, support the BOD's.
Dunc. What a load of hot air. You must have time to waste. I read this bb often though comment infrequently. I could spend time responding to your woffle, however Kaeren has kindly done that on behalf of the sane investors here. I guess you are another here who has never run a company!
I agree with Investorsteve. Most people here on this bb are 'punters' and not investors. The former are used to seeing their bet run around a course, watching every movement...thus they want details of everything NCYT does. ..crazzzzy!
People here ask for every detail, with no insight whatsoever as to how a company functions, its structuure and how it needs to keep some operational detail covert.. NCYT have disclosed what proper investors require, as per many other successful listed Co's. We have to wait, a) for results to continue and b) conclusion of the DHSC dispute. Simple.