RE: NCYT Rise25 Jul 2023 14:57
I'm a lTH and quite frankly Gizzmo don't believe a word , a single word P100 writes. Each to their own. Don't believe he holds or has ever held.
The DHSC dispute and bear mkt has enabled him/her to push their agenda out relentlessly.
To me a colossal change in so far as money not ring fenced , Ncyt have finally opened the coffers and personally think we may well see further acquisitions to supplement organic growth.
This is reflective imo of their confidence re concluding the dispute in a manner which enables Novacyt to continue trading ( which is a worst case scenario )
I suspect we may see information flowing on a much more regular basis once any planned acquisitions are concluded.
Re recent sp movements , those I chat to believe a reason for the rise , I think the reason is simply sentiment changing , the known acquisition and what that means re cash being Novacyt 's to spend as they so desire , the fact it will accelerate organic growth and the possibility there may well now be further acquisitions in the very near future.
All looking a lot more positive then a month ago. As ever DYOR.
Stopped raining , get out the cave :)