We would love to hear your thoughts about our site and services, please take our survey here.
Monkshood, this is one of the main reasons I invested so heavily here (and now have some go ahead shares). I find it genuinely depressing how recessions/downturns create such inequality but the facts are they do - the big boys will swallow up the little ones at a massive discount and will come out the other end much leaner and stronger.
We must be looking at £300m revenue but that's only up to the year end, we'll almost certainly start as we mean to go on into next year. The company has delivered time and time again and that makes me believe they'll do a masterful job with the hundred or so million in the bank post-covid.
The sp is about 25% higher than it was in April. In April! Two months into a pandemic that could have been all over by now. Sales many multiples of what they were then. This is worth double what it was in April at an absolute minimum.
It took a lot of strength and sinew to hold on and keep building a stake over the past few months and take a contrarian position to the market. The market was uber slow to recognise the potential here and those individual investors that did have been rewarded. This time it should be a lot easier and take the market far less time to catch on...
Even if some of what you say is true Seb, that does not negate the fact that approval of sng001 for covid would save a lot of lives and leave the sp sitting a hell of a lot higher than it is now. Being able to get this drug out quickly to the most vulnerable could get Britain, the US, europe etc back to close to normal well before a vaccine arrives.
At that point synairgen would be known globally and doors would be well and truly opened for all the other uses - think broad spectrum of viruses and COPD.
By that I mean valuing the company is impossible and it's a case of up, up and away until a correction weeks down the road?
I can see news on top of news sending this into the stratosphere over the next week - is £8-£10 impossible?!
There are a number of posters on here that have really shepherded and guided inexperienced investors like myself through the past few months. There were a number of times I nearly bailed only to stick with it at the eleventh hour due to some new research or something unearthed that hadn't been released by the company itself. Going against the herd and committing such funds to a small AIM company like ncyt is scary as the potential for a sudden sp crash is always looming in the shadows. So once again thanks so much, it's very much appreciated!
(End of soppy post).
I don't think 434 tells us much as it was only briefly hit and at that point the sp may have been getting ahead of itself.
On the other hand, late June the global outlook was not as bleak as this. There was the possibility of a vaccine being widely available and the world back to some sort of normality by now. The fact it isn't, and christmas gifting is almost certainly moving online, boohoo is worth a damn sight more than it was in late June...
Prediction Wednesday open - £4.20 rising to all time highs by COB.
Haha I do often defend them but not because I think they are a rich source of investment advice (they aren't), more because I hate hypocrisy. All the recent positive Fool articles have been posted on here and have got lots of recommendations...and my point was just that... the motley fool overwhelming rates boohoo a strong buy.