Yesterdays RNS15 May 2020 11:45
"The Company quickly established the need to develop significant manufacturing capacity and today has eight dedicated manufacturing sites capable of producing COVID-19 tests at an output rate of more than ten million tests per month, which Novacyt expects to achieve from June 2020 onwards."
10 million tests per month at an average price per test of £8.. from June onwards, how the f**k is this only £3.15 a share...
£3.15 a share...
I was in here and sold out quite some time ago at the dizzy heights of 460. I am dumbfounded at how this share has dropped. Perhaps it does show the AIM is built on sentiment and the optimism of multi bagging every 10 minutes.