RE: The W/O Inventory29 Sep 2021 15:35
My issues with the inventory are multiple.
1. In November NCYT were developing Promate , I assume this was in the pipeline prior to the DHSC requiring it. But without doubt by Dec/ Jan Ncyt knew the DHSc wanted Promate.
Therefore they produced all this extra inventory outside of a signed contract. Perhaps Sept ? Perhaps had lined up manufacturing and signed contracts and couldn't cancel ???
Why has it taken eight months to inform us of this , what did they attempt to do with it in those eight months , what is it and why can't we sell it .
I viewed the inventory as a positive , it transpires it is not. Therefore if we had been told this months ago it would have had a material impact on the share price. Therefore imo it should have been RNS'd . Why now , what has changed ?