The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Only 800,000 shares but yes they come to the market on 9th June but likely being forward sold. MMs now have a decent supply of shares to drop and create more liquidity. I got offered 240 then all the way down to 190 and then back to 240p to sell all my holding. Lots of games being played! Will bounce at some point as sales speak for themselves!
Yes but can be forward sold. Who knows maybe they will keep them and that's why the wanted to convert to shares as they believe they can make more by holding onto them or they know NCYT is likely to be valued higher in the future due to sales increases or takeover. All speculation. If we see large sells in the future it may be them.
What do you mean no discussion. There is still 800,000 shares they can now sell. It should be discussed as it could be adding to the selling pressure. It’s a fact. I’m in this for the long haul so just wondering if this is a contributing factor after this mornings RNS on debt.
Just bought some more for my final top up. I'm expecting a bounce off 300 and hope I don't jinx it but with directors buying in and sales due to increase as we increase our capacity as well as adding new test and mobile testing units I would say the odds are in favour of these prices not being around for much longer. For those that think this is just a fad, Covid testing will be here for a while yet until a vaccine is distributed across the world and we all know that vaccines need to be tested and made sure safe with no adverse reactions! Just my two cents.
I know 160p pre Covid! This is a gem, only concern is an economic depression and customers not being able to pay back loans however the company have said they are working on solutions for better collections and at this price it's certainly very undervalued
Thanks Shakey very helpful, they really need to get a move on with finding extra demand for Morocco we have had this issue fora while now. Their last response was they were waiting for more customers to build their own factories at that big business park where Peugeot is manufacturing can't remember the name of it now.
I agree with all your points. I personally think and have been reassured by my company AZ that COVID will be here until a vaccine is discovered and distributed but testing will still be a staple part of life. I am also encouraged by the new quicker test and the mobile unit to be released for sale. However I think others don't think this share is for the long term and are wary on future earnings. Once we get rid of the AIM traders who are hoping to sell on an impactful RNS then we will see progress slowly upwards as sales and revenue is revealed. I think the BOD still have some info to give to the market that will make a big difference to the SP eg the US and launch of new test etc. Once we have got out of this 300-350 trading range we will see the next move up. Finally yes today's RNS was poorly worded and could have been much more impactful. Still hold these and will look to sell some at £5 depending on sales and then the whole lot at £7 and above when sales have shown the market cap of around 500m is justified. I truly believe COVID testing will be here into 2021 until spring next year once we have got over Winter and a vaccine has been found. These are just my frank and honest thoughts.
Not as many sales as I was hoping, before they had sales of £90 million is the extra sales on top of that but it reads as though we have only increased by £40 million for the month of May? Great news about Zimbabwe looks as though an update on the US will come, shame about France but we have lots of demand for our test.