IF and WHEN and BUT and all sorts of theories. One thing iv learnt is that the market always knows more than us ordinary mortals. If the price is struggling to keep pace its either overvalued or investors simply get doubts and abandon ship still hopefully making a decent profit. Our lives will change and adapt to new reality. Novacyt was one of the first off the blocks and now joined by a multitude of other providers all wanting a share of admittedly what could be a big cake.
Current price already reflecting a lot of good news. Competition hotting up. NCYT do not have a monopoly. Good to be realistic. On the shorter term there is no catalyst. Longer term company will continue successfully .
NYCT is now for long term holders. Need patience. don't expect any fireworks short term. The focus is now on other shares which admittedly are behind NYCT but showing increased promise. This is where the hot money ends up.
RE: are we talking a billion or close to a billion25 Apr 2020 13:20
I am concerned about the competition which seems to be growing. Still great potential but many joining bandwagon. I still hold NYCT and AVCT. Just top sliced to have the two.
Yes in fact i will right away. BTW i am a holder in both. Still believe in massive potential and top sliced NYCT to invest in AVCT. But allow me a legitimate concern
I do not work for anyone. I have my own financial services business. Have the right to voice an opinion as anybody else. Hold substantial shares in Novacyt and believe in the company's prospects. Bought at higher levels.