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Lovely summary Nimrod.
Lot happening here and it’s being forward signposted for us.
Great opportunity here for very big gains in the coming days/weeks.
£2+ could be easily achieved.
FDA approval will come and so will EU Ce Mark. That should be good for £2+
Is perhaps a deramper who hopes the stock price of a company whose product could be at the forefront of the fight against a global pandemic goes down.
Everyone invested or uninvested should wish to see this at multiples and have the financial muscle to raise at higher levels to enable more working capital to produce more and more tests and testing kits.
Crazy world these people live in, you know what they say about karma......think on trolls.
This has traded over 25m per day since a week last Friday, most volume was 80m.
If six million warrants is the only headwind the derampers can create this should be £2 next week.
All good I want those warrants exercised brigs in a quick £400k for working capital.
Happy days all round.
Trying hard tonight, 9” nail/flava all at it.
Don’t worry chaps you can pop in every day next week and see this moving higher.
One of the most followed world renowned twitter Chartists 62000 follows just put a chart out with a £2.52 target.
Wonder how many of those will be buying Monday?
This could easily overshoot next week look at the combined volumes NCYT/ALNOV.
That churn at ever higher levels leads to one thing if the demand keeps going.
Boom.
FDA acts quick in an emergency.
Likely next week. Could be any day
Plain to see this company holds first mover advantage of what will be a gigantic global market in the short medium term.
EuCE mark 17/2.
Talks with FDA
Talks with NHS England
30 COUNTRIES IN TALKS
This is exploding.
Ignore the derampers. Especially the carp fisherman who called EUA a sell at 0.6p.
Is it winter in Australia and Thailand now? They seem to be getting cases. Me thinks amateur virus experts need to stop making assumptions.
It’s always winter at some part of the globe. Doh......
Just building nicely. Patience. This will be £1 this week or close I am sure of that
He’s right it’s going to end badly for those short or not holding
Someone just paid 50p pre open for £10k
Not sure of the depth of volume but European exchanges on which this does its main volume appear to be much much higher or indicating very positive openings.
This is not a one company global solution.
Chinese are begging for kits now.
Takes time to reverse engineer.
Collaborations are quicker.
cont
13–In talks with NHS.
14–Chinese desperately short of detecting kits. Asked EU for help.
15–UK Govt directive out today states a ‘UK Company’ developed a new test for the virus.
16–Every man and his dog will be buying this tomorrow.
17–Millions of eyes on this company globally.
I could go on........
FACTS
#factcheck
1-Only smallcap listed company globally at the forefront of 2019 coronavirus detection.
2-Live products that work available foe purchase on the company website.
3-78m shares traded Friday.
4-Coverage by NewYork Times,Reuters, Daily Mail, Bloomberg, HK Times to name but two dozen international news outlets.
5-Market Cap £24m. Existing sales and operations support such. Increased sales via this product will be above 2020 guidance.
6–UK based and something we should be proud of.
7-Test is full turnaround in 2 hours in a standard medical setting.
8–Detects specific 2019 coronavirus strain with no false positives.
9-Global focus on any company that maybe part of the solution
10-60m shares in issue not many too go around.
11-Derampers all over this. Short and concerned or wanting to buy in.
12-Coronavirus pandemic likely to progress unfortunately and get much worse prior to containment or cure.
12-WHO recommendation is to screen/test rather than close borders
Ha ha. Not sure how you plan on getting in around 30p mark?
Read the early post re how testing works I am right on this Tom, matters little if they can do it in 15 mins. None will come to the Western market.
The 15 mins will be the 'lab clinical' time. Not the time from extraction to result returned in a standard medical setting not a lab one.
Tom read the detailed post by someone on here earlier.
The 8-15 mins is the time if the patient was sat in the lab environment with clinicians around them.
2 hours is the test in a real life hospital/medical centre environment.
Chinese kit will not leave China anyway.,
Global market,not one company will take a majority share.
1-2% for NCYT will result in multi bagging.