RE: Can NCYT SP go into red zone just like ODX with the news of another Government Contract.15 Mar 2021 20:43
Jgcw, the simple answer is no. Odx had rallied from 50p to £1, a 100% rise, in the preceding two months. All it proved was that ODX was fairly valued following the news.
Ncyt has retraced 35% from highs and generally considered undervalued. A big contract will, with certainty, see the SP rise.