RE: Ditch the French Listing4 Jun 2021 06:19
Hi porky, i not realy have a very different opinion on what you Say, but on some points, i will Say a few things.
1- ressources to translate is not what costs the most. It's an easy task.
2- even if it's easy, they've been able to make mistakes. Not deniable. Thats very poor job by ncyt staff!
I dont agree it creates many leaks...
3- no knowledge, wont Say on that matter.
-4- having only 70m shares is a handicap. Creates spikes on good/Bad news, increase volatility.
Not agree there is much more coverage in UK.....
5- GM spoke about NASDAQ listing a few Years ago. He's not against ! But Costes to much At that time vs benefits. Today though....
It's ncyt that choose Oddo. Poor choice again imo.
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Im not very sure about ncyts strategy for the french market . They could have done way more. Maybe they didnt liked how they Were treated At thé beginning of 2020, proposing 5m tests when it was needed but FRgov refusés them. Maybe it's stayed in their mind...
They do not make any efforts to sell to thee french. SNPsig are not on the gov list when they could have been added by just telling the caracteristics of snpsig.
They not try to sell their other New products in France.
So yes, being today in France is hard to understand why, as they are not interested in selling there.
So maybe listing will change one day. Thats why im partly agreeing with you.
But one some points, its not just "the french bourse faut", it is sometimes ncyts fault to.