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I have just taken a first tranche of these. Can anyone lay out the pros/cons of EDR over UJO?
I think its the crude futures keeping a lid on the sp-Example July 23 is at $80.9, even with todays oil price
Thanks-Do you have a link to the Myles and Bbn thread?
Quite honestly, I feel NCYT will be better off in someone else's hands. I think I'll take a chunk of Bio today. I like there growth drive
Look at what Biosynex have been doing whilst NCYT have been sleeping on the job. This could easily have been NCYT buying up companies, but they've done didly squat
What I fear is a low ball offer of £4 a share coming in. They can say it's a 100% premium and likely get away with it. I can't see the current bod putting up much if any resistance I'm afraid to say
But they get the cash in the bank
Also any new dynamic management team is probably looking at the dead ducks currently running the show, thinking they can increase sales a multiple of what they currently are. Personally, I'd like to see every bod and manager working at NCYT kicked into the long grass
Market cap of £150m and with over £100m in the bank and no debt. Any bidder is getting the company pretty much for nothing at these prices
Most won't realise what we have here until the sp is multiple times what it currently is-AIMHO of course :)
Personally I think this will be taken out well before then at £5-£6
Hope you've got it on ice!
And on the flip side, if results come in as expected or better, then the SP could mulitbag. It all about Risk/Reward, hence were not at £5 right now
I reckon NCM have to make an announcement Tuesday evening at the latest?
I reckon total Depth will be reached today of TW. More game changing results just around the corner
Looks like MM's are getting squeezed
Nothing to see here Hug, now move along, there's a good chap.
Theyre all over this
Anyone trying to buy in now will simply have to pay more. The risk is reduced, the price goes up, it's simple arithmetic's
Further funds will be required to develop the field, but at that stage, I would expect the sp to be north of £5-that's if were not taken out before then (which I fully expect)