Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Ade1234 you are being optimistic waiting for GBP 4. Lower it to 3 but i doubt even that level may be a big challenge in the present circumstances.
Govt in no hurry to resolve issue. Very low in its list of priorities. The SP is already showing signs of discounting this outcome.Nova is simply a company which is rapidly falling out of favour with investors and analysts. ODDO was right after all.
With investor confidence shattered and DHSC likely to be resolved in favour of Govt plus absolutely no vision for the future means that inevitably the SP will simply go south possibly under GBP 2. Great disappointment for investors. Selling off to greener pastures. Good luck to all.
Stoney You are not comparing like with like. Aurinia have a marketed drug while SARE has a promise of that. Poles apart. The big pharmas will more likely be interested in companies which already have a drug on the market . Notwithstanding willing more than willing to hold on to SAR as i firmly believe in the science behind it.
Stoney You are not comparing like with like. Aurinia have a marketed drug while SARE has a promise of that. Poles apart. The big pharmas will more likely be interested in companies which already have a drug on the market . Notwithstanding willing more than willing to hold on to SAR as i firmly believe in the science behind it.
No harm in dreaming Bluelight !!
Nothing more than a mirage, JCB. I said it before the price will languish around these levels with an easier bias. Too much doubt surrounding DHSC issue and no clarity as to level of sales. Nothing to excite the imagination of investors at the moment.For the time being the price will simply reflect cash at bank and nothing else. Occasional blips in the price will happen but unless backed up by real solid news the rally will be short lived. I am an LTH but still regret at having not been able to recognize last years price as an opportunity to at least half my holding. Was sheer greed on my part and only myself to blame.
I follow your line of reasoning Har Chris. Certainly hope that Graham's replacement will change the mentality to a winning one.
Mr Big this happens because there is no forward vision. Talk about DHSC dispute being resolved does not guarantee any cash bonanza. Investors are sensing the company's lack of transparency. Vague talk and speculation is not the way forward.
Agree with your reasoning RBM
The Govt is not likely to back track on its decision and lose face. Being dependent on a govt contract is also not really good as well. Nova would do well to look beyond Covid 19 and concentrate on innovative products that would give the company the first off the block advantage. Anxious to see the new Chairman's strategy. The SP will remain around these levels for some time as i cannot see any meaningful catalyst which would justify a sustained price appreciation. Talk of T/O in the present circumstance in my opinion are premature. Happy to stay the course but not expecting any fireworks in the short run.
Agree with you risehall
I am willing to live on that hope Peter. But at least we are being realistic about prospects.
What makes you so sure about the "good days" to come PeterBuc. Company's prospects are beyond Covid and that is pretty long term in my view and with the risk of rival products coming out which may be superior and cheaper. The SP is telling us something in this regard.
I can follow your objective line of reasoning Colin. The danger of taking matters for granted and not at least assessing the potential pitfalls is the cause of many a downfall. The prospects are indeed good but feet firmly on the ground.
Simple Angelis because i am invested but taking a much longer view then many here.
Don't hold your breath Sparky. Hope sprigs eternal. But this share is simply stuck and feels like a rudderless boat.
Agree with you Bluelight
News is not so imminent. Months away in fact. investors hate delays and possibility of one in SAR is real.
Neil the only thing that is cracking is the SP and investors confidence in this Company.Nothing left here except a cash balance in the bank account. No transparency as to future plans . Much better prospects elsewhere.