I hope you are correct however the Americans are extremely nationalistic and are unlikely to place orders outside of the US. No matter how expensive or inferior the testing may be.
The only way this share will recover to where I think it should be, is for the BOD to be more communicative. We need a sales update for sure, and an update as to where we stand with 41M outstanding.
NCYT Might be a little battered by the situation but they have hardly been brought to their knees. They still have healthy sales and north of £90 million in the bank.
Sajid Javid just announced so it’s official, PCR test to be taken no later than two days upon arrival into the UK. You need to be isolated until you get a negative result. That means more PCR tests will be sold, DHSC May have to build bridges with those companies they have held payment from including ourselves. First step would be to settle your debts before new orders will be delivered.
Don’t be surprised to see a dip into the negative today. Sometimes designed by the MM’s to relieve small investors and dare I say panickers into divesting themselves of their shares.
We are seeing the PCR test rise like a Phoenix, LFT historically has not had a very high percentage reliability. Hopefully once Novacyt launch their new LFT test this old idea of low percentage reliability may be changed, I’m hoping it will be an easier saliva based test.
The price per barrel should be based on the previous five days trading, and it was only Friday where it dipped substantially. I think the average price should be somewhere in the region of $79
For those thinking of investing for maybe the first time, check the history of this share in times of pandemic waves and you’ll see you haven’t missed the boat.
Three years ago the price was around 33p, look back to January this year and late October 2020 and those were the highest prices. They didn’t peak for very long and I would be surprised if any investors with large amounts of shares were able to sell out at that time, I still have 40,000 shares and was having difficulty selling them around 11.80. Wish I had persevered at the time but, who knows, those prices may come again.