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We seem to be sailing in uncharted waters, nice way to start the week.
If it holds we are into uncharted waters :)
" I cana hold her anymore Captain, she's going to blow."
Looks like the boosters have been lit :)
Gold is nobody's ***** it will stand up and deliver " Big Time ".
Starting to see reports that on-going immunity may not be possible with COVID and that any Antibody production is short lived, if this is so it will obviously link into continued demand for testing and local control for the foreseeable future.
Though the level of testing may decline the demand will not and should underpin future growth for NCYT.
RNS - Says it all....This solid foundation, combined with a strong financial performance, will enable us to greatly enhance and accelerate our strategy for delivering long-term value to shareholders.
AIM Company no debt, growing in an expanding market not looking to dilute what is already a small share total and innovating all the time, building worldwide relationships can't think of many other companies in such an enviable position going forward.
Looking good for the second half of the year , COVID very much on an upward trend and a foothold in the USA where the numbers really add up for extra sales and visibility to the big players in the money world.
Might pullback in the short term, not a given with the front running in the market, in the end it's a given if the grades materialise and add in the jurisdiction Canada , a no brainer it just has to rise with currency tide to deliver big time.
Malbec for me, translated it means Bad Beak, something to do with bad vines being shipped to South America that turned out to be very drinkable, it's a " Thick skinned Grape, with robust Tannins " all qualities needed for AIM investing, have a good weekend, whatever the tipple.
My understanding ( DIY learning ) is the large after hour trades are the average price of all the smaller buys / sells that went to fill the order, so if we started at £2.60 and ended at £2. 87 it could be a buy or it could be sell, it's just that the end of day price is below the finish, which is recorded as a sell.
This Autumn we have COVID V Flu possible new Swine Flu lining up, which is why we are seeing the £5bn being put on the table.
When you see the damage already to the economy £5bn is small change to keep the wheels turning, money well spent hopefully to benefit all invested.
£5bn of future Government spending is a massive Carrot to dangle for any majors looking to join the party, put's NCYT in a sweet spot for the UK.
But the beauty is thats just the UK, " Off the Off scale "
The government is preparing to award coronavirus testing contracts worth an estimated £5bn to commercial bidders, in what critics fear is a “backdoor” subsidy to the private sector.
The vast new budget, which works out at £2.5bn per year and will be managed by Public Health England, is equal to the entire annual spend on English NHS laboratories.
Another way to look at it is that the French Health Authorities are moving the testing to a more flexible local and commercial base and away from the National Health system to free up government resource to concentrate on BAU, time will tell.
All good for us going forward.