Member Info for HarChris

Jesus WBAFC your views are becoming more and more deranged. Whilst you wouldn't be shocked I would be outraged if the company were actively trying to hold the share price down and would take my money out immediately if there was even a shred of evidence that was true.

T Rowe Price continuing to increase their stake...

I've always assumed PCR will be dropped from travel testing at some point, until that time ncyt should be raking it in...

It's not just about the number bitcoin reaches but also the timing in relation to news and rns' here, i.e momentum plays a major part.

If BTC hit $10k I imagine Argo could go as low as 25p (flash crash) and if BTC hit $100k it could go as high £5/£6. The latter is far more likely than the former though.

Big, that for me is the one thing I cannot get my head around. You’ve got competitors like SourceBio with nothing like ncyt’s potential courting highly respected IIs - Odier Asset Mgmt now own 22% of their shares and Richard Griffiths who is a highly respected private investor has taken a 5% stake.

Yes they’ve done very well to become debt free but they only made £3m last year and are trading at £120m - 40x earnings in covid times which could very well mean back to loss making after covid. Ncyt is more like 1.5 p/e in unprecedented covid times as a comparison.

As for dilution, just no. If, and it's a ginormous if, the company has its sights set on a big fish to acquire then at the very least they'd surely have to actively boost the share price first before a cash raise. Buy back 10 million shares at £36m, watch the share price rally hard then raise cash at ~ £4.50 a share. Would level itself out and leave the SP in a much healthier place.

Always sad to see people losing money but anyone holding on to GDR since the drop in March is simply refusing to sell at a loss and making things worse, many of whom probably doubled down to try and make their money back.

This was inevitable.

Triumph what are your thoughts on where this is going next? I'm in a similar boat to you I think having had this on my watchlist for yonks and finally dipping my toe in at 3470 Monday, followed by bigger purchases at 3330 and finally at 3170.

The company looks so much healthier than pre covid in all ways and yet the share price has now fallen below pre March 2020 levels...

Whilst it's easy to speculate and point the finger at the IMF, the world Bank etc the truth is nobody ever knows the exact reason.

All I know is when you get influential figures like Saylor actively and transparently pumping it there's always a good chance a dump is on its way.

I know we are living in exceptionally unusual times but a president of a country tweeting about 'buying the dip' is really quite strange!

Still, even if that is the case, once the dispute is resolved (positively of course) the rise in the share price could be quite something...

Frustratingly for us share prices tend to have a memory and trade in a range unless there is enough impetus to break out of it once and for all. It's looking like the recent positivity and investor meeting hasn't been enough? I don't think we're going to see a one off major contract that does it so it might be a case of having to wait til the DHSC dispute is resolved now (or some II takes a big stake).

Bighero's price predictions are based on nothing more than no news = share price fall.

The most recent article on the motley fool is this one by Paul Summers: https://www.fool.co.uk/investing/2021/08/29/3-dirt-cheap-aim-stocks-should-i-buy/

Although not a ringing endorsement this is how it concludes: 'Taking into account how volatile the shares have been over the last year, Novacyt is still only a cautious buy for me.'

I wouldn't call that advising not to buy.

Winnie, when you click post message perhaps wait a couple of minutes if it doesn't appear immediately rather than reposting it?! This duplicate messaging is becoming a habit!

To be honest no, not really! I mean I knew Argo were listing on the nasdaq but assumed it was just a joint listing like with 4D early in the year and TILS.

So how does an IPO on another index work when already listed here in the UK? How much are they looking to raise and how does it affect the current shareholders?

(Sorry for my ignorance!)

I agree with you Steve. To highlight the potential and amazing risk/reward at this level I think £50m revenue and say £15m profit in 2022/2023 from covid would justify the current £3.80 a share all by itself. Of course by 2022/2023 that would not be the majority of our revenue and hopefully non covid revenue will eventually dwarf it.

And as you say, £50m covid rev for 2022/2023 is conservative, there is a decent chance of it being considerably more than that and even a chance that 2022 eclipses 2021...

Caddor let's say that your figures turn out to be on the money... won't Argo have almost certainly sold a good percentage of their BTC by the end of 2022 to fund operations (or have raised cash hence dilution)?

Obviously the higher the price of BTC/Zcash/whatever else they are mining the less BTC and BTC equivalents that need to be sold but all the same, some will almost certainly be sold I'd have thought...

If covid revenue in 12-24 months is even half what it will be in 2021 then I think that will be a good enough anchor whilst we continue to push on and execute the non-covid long term strategy.
The wider the reach, the more countries we sell into the higher the chance that will be the case.

As others have said recently the Short positions have been given too much attention as it is, now they are even lower it's best to forget about them as a meaningful discussion point.

The answer is no, nobody knows if WQ have cleared off, nor will we ever know. Once shorts reduce below 0.5% it still shows the last reported percent below 0.5% for a long while after, I think two years on quivad.

Take a look at this page: https://www.quivad.fr/novacyt/obsolete - all that shows is the date in which those four entities went below 0.5%, the amount they went under by, and also that since then they have not gone back above 0.5%...

There will always be some small level of shorting going on but as long as there are no declarable shorts they won't be having much of an impact.