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They have recognised the sp is/has tanked and are trying to redress the situation. Once the DHSC issue is resolved will they consider a share buyback? A bit too late to bail out for most investors myself included so need to start plotting a way forward. Lots of different theories on here let's see how it pans out. My concern is that private travel sales are not great with other companies such as randox capturing market share. GLA long term holders let's hope our conviction/faith gets repaid
I think the market will realise that this guy is commercially driven . This board has been pleading with GM to leave French Bourse this may now happen. The market is waiting for 1h figures and I would suggest they would be very positive otherwise why would you throw your new ceo under the bus?
Looks like this is just the start. Plenty of upside here.
Jumped on the back of Reach probably.
@Porky I admire your resilience and conviction in Novacyt. Still holding all of my golden tickets. I really don't know where we are going in terms of updates , half yearly results, DHSC issues, saliva LFT etc. I believe private testing sales will improve and having a sales force will also pay dividends. I have just switched off and am waiting patiently
for a rerate and won't be selling anytime soon. GLA genuine Novacyt holders.
Things look like they are starting to turn round which should see some upside to the share price. Still a bit vague on the lft , and conclusion of DHSC and also would like to see the sales force making s positive contribution. I don't believe that everything is sensitive information GM and his team need to work on Ncyts image especially in front of potential new shareholders even get Numis to take the company to various investment houses. They have some wonderful products just need the marketing team to do their job. GLA let's hope for a great week .
Morning all
The reality of the situation is that GM and his board are all over the DHSC issue it must be complicated or they must be digging their heels in. As investors we can only hope we come out on the right side of this. GLA
As I said yesterday lots of twists and turns left with Novacyt. I am happy they have not just gone and bought companies, paying over the odds to keep share holders happy. I really don't like the personal attacks on GM and the board and would urge anyone that feels that way to sell their holding and move on. Time to switch off enjoy the weekend people and look forward to the next rns.
I wish Shaun P all the best. Many of us still think that this has further to go with lots of twists and turns. It must hurt knowing that you sold at a massive discount but if you are having sleepless nights I can understand. Not sure about your arguments on the dispute I though the provision was about £20 million.