Member Info for fali41

Becoming increasingly likely. How can we be sub £190m mcap with newr £100m at year end in cash adn TR and Tax rebates taking us c.£150m ! Its ludicrous!!

Well well well…

Since 1pm. I think the poor buggers dead!

Held down or what!?! Could it be more obvious how badly we are manipulated. ODX barely 2v1 buys to sells and up over 10%. We are 4v1 and down in the red : /

Cheers for the insight Alamo with your one genius post. Watch that short this share has a history of rising without notice ; )

Probably not century but surely a bargain at £2.70 ??

Any offer will come in the New year when the 12 month high will be lower. Thats if we are still at these ridiculous levels. By then i expect a lot more progress on many fronts. I am particularly keen on the US market over the next few months. We have a team out there selling products they are particularly keen on with very little competiton e.g winterplex.

Expecting a bumper increase considering how well some of our partners did, peak summer months aswel. Under promise over deliver. Also, CO-prep and winterplex should land us some nice revenue in Q4. I remain optimistic about our future. DHSC aside, the compny will have sufficient cash at year end acquire and expand into non covid markets. Be greedy when everyone else is fearful!

Goodluck Brook. Tough to watch your investment slide like this. However, as easy as it is to get distracted by SP performance the key is to look at the basic fundamentals of the company and future prospects. IMO at this price i wish i could load more.

Interesting choice of date. Very interesting. Does GM have one last hooraah up his sleeve before he departs?

‘This inventory build was Novacyt's direct response to support the UK Government's call for UK manufacturers to build manufacturing capacity and supply chain flexibility in response to the COVID-19 pandemic and was based on likely demand indicated by DHSC. The Company will continue to look for ways to use this inventory.’

From this it just sounds like they built up the inventory on an informal request. Surely not, they must had a formal request or a clause in the phase one contract to build up this level of inventory for a specific customer knowing if it doesnt transpire they are stuck with it and probably wont ever shift it!

Kaeren makes a valid point. Why raise this issue and not mention it at the time. It was material.

Agree that any offer at this poing is beyond a bargain, however this stock is controlled by PI’s. We all know how fickle they can be and sure enough cheap T/O’s have happend under similar circumstances.

The fact we had built up £29m worth of Inventory gives me hope that our contractual position is strong to enforce payment. I mean, you can be the most naivest CEO in the world. You just dont spend that amount on stocking up for something which is not practically certain. As an accountant i have never seen anything like it!

It all depends on the institution. Many i know dont go anywhere near these sort of investments with pending material outcomes. Once the dispute is resolved and a future strategy is outlined many will jump in if the price stays this low.

You will sell at £2.80 but not @ £2.90? Hardly makes sense when support is £2.90 and if it breaks support you wont get to sell at £2.80 but maybe significantly lower.

Will probably gobble this up if it stays sub £3 for much longer! Company seems in disarray according to the market but in reality we will have c.£100m in cash (worst case) at year end. No debt and a huge product portfolio to diversify into non-covid markets.

This is a buy all day down here! Was invested last year and it did me well. Been away for a while but now back into searching for some real bargains and surprisingly this has propped up on my radar. Building a strong position here i suspect we will not be this cheap much longer!

CEO knows more than you all combined so now tell me if the vaccine was going to destroy the covid business why would he buy at 53p?? Bloody idio**

Whos deluded now eh. 30% drop lol l. Close that short before its too late!

Too many idio** gambled on a drop into the 30’. Now watch them buy back higher. That should help us break the elusive 50p!!