Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
No rinse out Valju. Just a market reassessmen of Novacyt which amply shows the conviction that there are no tangible and reliable revenue streams. The DHSC issue seems will be a drawn out affair and absolutely no guarantee that the case will be settled in company's favour. The company in my view is struggling to gain market share and therefore no incentive whatsoever to investors. The Bank balance is no consolation and will steadily dwindle down in R & D costs. From time to time the BOD will dangle some carrots which gullible investors will swallow. The latest pay increase resolutions add to disappointment and frustrations of shareholders. SP steadily back to the penny share status.
HarChris, very simple answer. David has proved to be a devious and incapable CEO. His ONLY achievement is the rise in his pay packet as a reward for destroying share holder value. Absolutely no vision just a lot of vague chatter to camouflage the real outlook. Naive investors think he is capable of pulling the rabbit out of the hat. Hope springs eternal.to those who live in denial. At this rate would be no surprise to see SP under a quid very soon.
Agreed PI100. One can never say " they cannot". Many other instances where companies simply dwindled down their cash pile into nothing. The outcome of the pending DHSC issue will seal company's fate. The DHSC is in no hurry to settle issue and a delayed judgement, in my view, is in their favor and puts pressure on Novacyt. All hoping for a reasonable positive outcome but nothing guaranteed and market is mauling the SP on this lingering uncertainty.
Thank you Potnak. A very balanced analysis.
BYP some investors living in denial. Mullis and Dyer simply pilfered the kitty , conveniently playing down the DHSC claim and giving unrealistic forward guidance to justify their bonuses leaving genuine investors holding the baby. Shameful.
Captain, the only buzz word compatible with CEO is please " BUZZ OFF" . A complete inadequate person for the job. Destroyed shareholder value.
ValJu : Why not because of sheer incompetence. Nova had the advantage of being first of the block and failed to keep up the momentum. Adverts galore for new recruits but in my view all eye wash to give the impression that the company had plans for world wide sales. The monkey pox first off the block announcement another diversion with insignificant bottom line benefits.
PI100 your outburst more than justified. Misleading statements is equivalent to misrepresentation . Downright cheats. And the cheek to ask for a remuneration rise after destroying shareholder value. The recent RNS about Monkey Pox another bait which investors fell for. Shameful.
Agree with you on this PI100. ".... no obvious material revenue streams." No use being first off the block in diagnostic test such as the Monkey Pox one if it is not followed up by tangible sales forecast but just generic bla bla bla. Hopes that the DHSC dispute will soon be resolved seem to me optimistic . My view is that it will drag on and on. In the meantime without any catalyst the SP will simply continue to falter. Not impossible to see SP fall to 1.00.
Don't blame M M's. The wide spread is symptomatic of the Market sensing that GGP will deliver many years down the line.. Next support level at 8.5p and a rights issue still a possibility.
With you there Kats
Kenny with NCYT there is no such thing as things moving "swiftly".
A balanced view Captain. with you on this.
You are right The Doo. BB chat is irrelevant. some contributors think that the BOD read the BB 24/7. Nothing of the sort. I do not expect any tangible news earliest next year. This month by month expectation of news simply adds to frustration. I am a holder believe in SAR but at the same time accepting the risks that come with this sort of investment. No doubt very promising products but absolutely no certainty or guarantees and quite a few hurdles yet to overcome.
PI a resounding NO.
" To solve the DHSC dispute quickly". Give me a break please. Suspicious of this account as well.
Captain .... experience over the past year or so has shown that the Novacyt's BOD does not care two hoots about whats said on BB. The BB is just a way of shareholders venting their feelings and getting it off their chest.The communication has been horrendous which is a pity for a company which held so much promise. In this case silence is not golden but detrimental to both existing shareholders and potential ones. No institutional interest.
Gunner, PH's agenda and priorities are diametrically opposed to the interests of individual shareholders. I do not expect any tangible news flow before late this year/early next year. Delays are the order of the day in this kind of investment and there are no guarantees. I hold and still believe in SAR however being firmly with feet on the ground and i try not to be over exuberant.
Lupus is not a game changer. The comments are positive in the wider general sense. More hurdles to overcome. Would not give the tweet , welcome as it may be, excessive importance.
Captain, i am with you on this. Company needs to concentrate on other revenue streams and be the first off the block. I am not convinced there is the ability to do so and competition must also be taken into consideration.