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Even GDR is nearly worth as much as NCYT now. Absolutely PMSL. Even avct has doubled since I last saw it and that's basically another dddd. Lol

Sure it will fall . But long-term, I already know the details of the case and assets are £170m here and isn't going to change. I already know the outcome of the case as contract law is contract law

"If I had a job where I earned £280k and brought in £50k in 6 months I’d fight tooth and nail to make sure I kept it"

When is the next GDR placing ?
What happened with GDR conquering India with DIVOC?
Where have deluded ppl like big bench and technic run away to ?

Has gdr actually ever sold a test ? All they've done is raise a truck load of cash...twice and not done anything else lol.

Case is a done deal. No party can win. This is enforced with the Baroness Mone news today. Problem is waiting a few years for this to blow over then SP will be 300p moreorless .

With details on the case now known, I have bought back in. There aren't many stocks worth buying rn tbh but this is defo one of them

Novacyt are fine as they are. The problem is, the stock market has already decided what the court outcome is and already passed judgement despite assets totalling £170m. For a £50m capitalized company this is a joke as there was actually a person who posted up details on contracts on the case on Twitter but account has now been suspended. From what I could remember the DHSC have no chance on their claim . And looking at today's news on Medpro, it's looking even less likely . Novacyt's counter claim is also less likely to win as I understand no contract was signed.

Tbh, I was expecting ncyt to announce less cash than £99m. Fair play to DA as he could of taken a lot more by way of expenses

I no longer hold ncyt but you guys been treated like dirt. Bank interest might hit 7% soon so £7m a year is almost certainly on the cards . Better off returning cash tbh

He will avoid the key questions regarding the dhsc dispute , pay rises and situation with mullis. Those are the only three points that matter and will be avoided

Who knows but being worth half its cash value is a bit extreme. You look at gdr, mhc , etc, they are all worth double their cash value. Might jump in soon for a quick easy trade

Gone from trying to get nine figure revenue to £8m per year lol. That on top of directors pay rise. You all been had

Price collapse today was expected after fake rise on Monday. After 12pm today I expect DA totally trash the price too. All totally predictable.

Yup I think returning cash to shareholders is a good idea. Even Royal Mail do that.

Ppl also forget the cash in ncyt's bank is probably accruing 3-3.5% interest per annum which is £3.5m . Normal bank accounts now are giving 2-2.5% for small sums.

No chance ever of £12 again. Since every COVID testing company trades at least 3x its cash value I suppose £3 is a fair value now. Case win / takeover probably £4 to £4.5 range and no more. Chances of dhsc win are slim ESP since they reordered

Nah , all those buys on Friday (when ppl were questioning why the SP was down) are simply balancing the book today on Monday. Stockmarket is cunning in a way but this just balances the books

Ncyt's current NAV is around £170-180m incl cash. DA is better off returning cash to shareholders to realise this value. Unfortunately Ncyt need to pay Mullis. Contract is a contract and is business law .

£1 if dhsc win case is total bs. On cash alone this worth 200p shy. Without cash alone they still have assets circa £70-80m last time I checked balance sheet . I'm still hoping for 50-60p range as the price is totally botted to oblivion today and we all know it isn't gonna hold till presentation til the end of the week. As soon as DA tells us more lies during presentation day we all know the SP is gonna get nuked

David " nine figure revenue per annum" Allmond .

Lol