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But we see no evidence what that reason was ?
Okehurst your 21:13 The update on 6th Sept - isn't listed in the RNS' ? There is a news item.
Checked today with Shorttracker and WorldQuant - no short positions over 0.5 % so that diesn't seem to be the issue. Plainly the market wants to see the AGM resolved and even more the DHSC dispute.
Roll on the 18th let’s get this out of the way and hopefully reverse this ridiculous trend.
Heart is saying top up and average down head says wait.
GLA (this is getting bloody tedious).
Made a few % - the rest of us ? We'll just keep waiting.
It doesn't matter to NCYT ( who I hold shares in - as I hold shares here ) the LFT business is low margin and highly competitive. They are focussing on their PCR products which are first in class and making them £10m a month in revenue as we speak. We need orders and we need them now. 18 months into a pandemic with no sales for a company focussed on LFT's is a much worse place to be.
Of course they did. So much for news which might affect the price ( up or down ) being released as soon as it’s known. Just a coincidence this is released a day after the the AGM that never happened - I don't think so. The company are not doing much to bolster their reputation as communicators but they do look ever more focussed on their agenda, rather than shareholders and company value. That said the mixture of good news ( should add value and revenue to ready good figures ) and delayed LFT ( not that important ) is something we could have been ( should have been ) told at the first opportunity. This wasn't it IMO.
More of the same ! They asked for a view and via votes they got it.
They didn’t like it apparently so what is the response ?
Hold the same vote again to see if they can get the response they want.
I'm not changing my votes. I don't want to wait in limbo for another 19 days but three company think that’s the best option ( for them ) apparently.
Bloody annoyed before, absolutely furious now - what a shower, and the sp slides even further.
I spoke too soon.
we might hang on to a tad more than 0.30p but beggars can't be choosers.
Grateful for ( very small ) mercies.
Or traders making a couple of % ?
I can't really tell anymore.
Some concrete information like an actual order or signed contract would help to point the way.
Days weeks and months of no real information just plays into the hands of those who want to mullah the share, ably assisted by a government which apparently can't make up its mind whether to put on its pant or socks first, let alone devise a Covid strategy involving UK companies.
LTH we thought that last month ( and the month before etc. ) all the way back to March.
Dug in, not selling any more, not buying anymore hoping against hope this actually does come good - but it’s seems the government, and strangely the company seem determined to achieve the exact opposite.
Too old to ski - and the US in the middle of a pandemic just doesn't appeal.
Just trying to shut my eyes and hold my breath until the AGM is out of the way and hoping this turns soon.