Why would NCYT take legal action against one of their biggest customers, the DHSC?.......no one would go near NYCT with a barge pole if they did.
Why would anyone enter into a major contract with NCYT now, knowing they are in dispute with their largest Client who are are also withholding millions but nobody is any the wiser as to why it has arisen.?
If there is not an RNS revising the estimated H2 revenues I would be greatly surprised
US market. The number of tests sold per month in H1 2021 appears to be lower than H1 2020! This is in a country where between January & June 2020, 37 million tests were carried. Between Jan 2021 and June 2021 213 million tests were carried out.
Middle East, I already posted on. Sales less now than in pre-covid times.
Africa, down on last year.
Europe, take out the Ukraine contract and the sales are about half of what they were last year.
All this when testing in 2021 is significantly higher than 2020. USA testing this year to date is up 20 fold on 2020. Said it before but why would anyone doing due dilligence authorise a major contract with a company that was in dispute with their biggest Client?
Not quite sure what some of the new management are doing other than stealing a wage by the looks of it. They need to announce some forward thinking or any value left for shareholders is going to disappear, faster than snow of a dyke.
Just think WBAFC in the space of just over 3 weeks after investing you could have more than doubled your money. A profit of over 200K.
If you then invested all your original stake and your profit into Rolls Royce the following day you would be in the profit to the tune of almost half a million.