Member Info for KilkennyTed

"And by that rational NCYT certainly cannot afford to do this as they have little cash left vs the likes of Roche"

Kitty What rational is that?

That explains it then.

Mrpippins. Re your post below. Have you got a link from where the info for the 2G complete kit came from?

I ask because I haven't seen anything mentioning the q16 instrument alongside the Mpox assay.

Tried buying earlier and the maximum I could buy would be 50,000.

They'll happily take over 2,500,000 off me though.

I wouldn't hold my breath waiting for an rns from novacyt on a new product. Since Mullis departed there has been a change tac on that one. The most recent example being the Norovirus test for Oysters. No rns just LInked & mentioned in a trading update.

But I would very much welcome one tomorrow. Some factual info rather than the hot air & general bull that this board has been infected with over the past few days.

The smallest bit of research will tell you that there is no reason for the company to do a placing. They have over £30m cash in the bank. Completely debt free. Reclaiming £12m from the vat man, plus they have just sold their Taiwanese business with a potential value of £3

Novacyt are a diagnostic co. They don't manufacture vaccines

WBAFC

Posts: 1,719

Price: 66.00

Hold

RE: Dont get sucked inToday 21:23

CaptainSwag , if LR is worth his salt , you would think he'd be sending his top sales reps to WHO HQ and to see key governmental personal at each African Nation and close this Mpox deal.

What deal would that be Doc? You've already stated theirs no need for diagnostic testing with regards to MPox. What else can Novacyt offer.

Seriously Doc you need to hit the medicine cabinet. Or have you already done that. Is that why your comments are so erratic.

" the fact is you don't need a diagnostic test for monkey pox" Says the medical professional.

Why aren't you on the WHO advisory board?

Lancet Laboratories using Genesig Mpox assay. We've known this for a few months.

Suprise. Wish I could use the word supreme

Who said they'll rns it? Nothing would supreme me about this co. and their fondness for lacking communication

The context is different but you are badgering strangers about their financial dealings which is 100% confidential. Is it going to benefit them if they divulge such information? Are you a financial advisor aswell?

For someone proclaiming to be a doctor you have no idea about confidentiality.

They probably sold it for a nominal £1, or gave it away like Microgen. Nothing would surprise me.

Rees & Gibson kept their heads down when the shareholder question about Director shareholdings came up. They need to flash the cash & buy in. Not wait to be gifted shares.

Https://x.com/KilkennyTed/status/1816494947580756077

Photo of the new science minister Patrick Vallance visiting Yourgene

Https://www.lsegissuerservices.com/spark/Novacyt/events/307eb0b3-fe7e-449b-8399-f6282db6fc04/novacyt-group-agm-2024

Link to agm recording if anyone interested.

Interesting for them to state that sales of covid products are non-existent.

Shandy I think your maths are out slightly.

CAB £32.9m at 30th June. Take off £5m paid to DHSC in July. Then add £12.2m vat reclaim. Cash position = £40.1m.

Which is more than the MCAP today.