Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
I agree with eurofil, The announcement of the full debt clearance is a momentous landmark. It may not make the share price double but it will certainly make it rise and there will be more stability in the company’s profile. This coupled with a continued income stream will allow for further investment or just cash growth/possible future dividends.
Totally unwarranted drop and low price at the moment.
I’m hoping now that this will be the beginning of a continuous and steady rise. Although some have said this share price has been undervalued for some time, now we have the news of an assured income which puts everything back on an even keel
The company has a bright future now, to be honest I doubted it for a while but this news is a game changer
Don’t be in a rush to sell, I could be a multi bagger situation here
I don’t believe we will pay anything to DHSC, it will be them paying us.
This is an amazing result and a huge turnaround for this company. The only way is up
Hopefully we have bottomed out now.
Just a reminder… there is still £100m in this company’s account.
At least cash out the bank has maintained so they are hardly haemorrhaging money.
If you’re going to create a thread at least to get your wording correct. Been? Of you must mean Being
Nice thought but I have 1.6m shares already and just about in profit even at this low price. This will be back to 2p before you know it.
Good news but I what I expected. I doubt anyone who lends money will forgo on a company that has just increased its income.
Yes Tidal, I was going to point out your miscalculation lol. I own 1.6m shares and knew I was way off that %age holding you mentioned.
Looks like we could reach $120 today, this would be a very decent figure for the first few days of July which would fix the price per barrel for the next uplift end of July. Having said that $110 was very good
Historically this company has the backing of it’s holding company.
Abingdon news could have some bearing on Novacyt.
This gives me hope for the future with Novacyt, the first real positive news for some time in my opinion.
The cash is already available to pay off the debt which is due at the end of July. and there will be a surplus to. There is also an income of approximately $50+million per uplift which is six times per year. Not sure why anyone would think a fundraise is necessary
The most important thing this company is going to do over the next few weeks will be to announce that it’s debt free, in addition it’s not the time and neither is it necessary to raise funds when you have a very good regular income . I would also add that it’s not a time to start rejigging the share quantities, when it isn’t needed.