RE: Impossible13 Nov 2023 19:21
WBAFC , I totally comprehend you are frustrated but your posts are not reflective of your ability to reason.
We have said repeatedly that the longevity of Novacyt is dependent on the outcome of the DHSC dispute.
You know I believe we will come out favorably from that and at a minium retain funds we are already in receipt of.
In the interim the company has taken great strides imo with the acquisition of Yourgene and the path to profitability is now clear.
The Company will be in an incredibly strong position if it wins its case , with a huge warchest and a plethora of tests and medical devices.
You only have to look at Yourgene on LinkedIn to see the constant push for increased rollout of NIPT and Ranger.
Lightbench is gaining traction.
If you watch Novacyt staff, you will have seen in the last week alone 5 or 6 seeking new employ. Redundancies have started , the natural result of merging two companies and identifying unnecessary duplications. I am more positive then I have been for the last 18 months.
People may well trade the rises and it shouldn't be your main focus.
If we win the court case then that is when you will start to see sustained rises, as the company removes its shackles and increases its reach.
That is when I believe we will also see a new CEO appointed.
In the interim you have two choices , sell up or attempt to increase your shareholding by taking a small % and selling it at x price and rebuying at Y price.
Please don't take this as advice , it is merely perhaps an alternative to frustrating yourself with your current posting.