Member Info for Leicesterboy

I agree very strange more buys than sells a few meaty buys but small sells ! Must be filling an order !!!

Excellent I like the way he talks especially a man with a stutter ! Malcy was kind to him ! As you says he should stop eating all those Malcs ! They know what is there he just cannot say it until it is confirmed hence the Drilling company are doing one for a Share deal rather than money !

What court case ? This will never go to Court !!!!

I agree Marma I still suspect it is pricing dispute, they have been taking the product and paying for it but they have seen how much Nova are making and want a refund on the price agreed ! They are confident of their contractual rights hence the RNS, but when dealing with a "major" customer they wish to deal with it as amicably as possible, maybe a deal on future sales to include a refund or a reduced purchase price, not sure Nova will want to give a Cash Refund, they must have paid Nova on the Contract Price, and Nova would not have supplied on a non contractual basis, do not have much faith in lawyers generally !
In the dark but I am sure talks are "ongoing" on a friendly basis at the minute !

It can only be a Pricing issue ! as they still selling to DHSC ! Still a very profitable company drop over done.
They have a cash pile but some it may have to be returned, with the rest they could start buying there shares back !

SAG report increased earnings for 1st Half at £6.4 million and there MC is £161 million we reported £187 million for the Year to 31st December 2020 and our MC is £288 million !
Even taking into account the problem with DHSC we are ridiculously cheap something will happen very SHORTLY !

In reference to Soder SP action either £2 or £8
Very unlikely to get to £2 we have that in the Bank already I would suspect or very close to it £2 x 71 million £142 million
To get to £3 would have to be making no Profits ! We are making Profits so I suspect that £4 is the bottom !
Another thing is we cannot supply the whole world with PCR impossible and with the continuing expansion of the workforce I suspect Sales are growing in other parts of the World for Nova's products and future products and though vaccines will help this virus It is going not going away anytime soon. I do think that the longer we stay at this level the more likely we are to receive an unwelcome bid !

I would say definitely Warrants ! Good time to buy !

A very good thread with some amusing comments ! Keep it up boys and girls this is a great opportunity for Tanzania and for HE1 let us hope the new President does F it up !

We are £293 million MC and AVACTA are £628 million we have and are creating substantial Revenues and what are AVACTA earnings crazy crazy !

Up and down DYOR and you will make the right decision for you !

Mummerings that is what Starlings do !

You should try Fort Portal or Homa to Murchison Falls they advised us to go back to Kampala , sorry 10 years ago but at least we saw the Gorillas ! Always temper your Investment with Africa !

I wonder hence the delay ! and little from the company !
All is quiet

Strange that there has been no RNS something go on we know nothing about

Thank you for that I have always found that possession is 9/10th of the law !

Reading the RNS yet again and the Years update delivered in 2021
I am not quite sure why the Quarter 4 of 2020 should be materially affected by the Contract with DHSC !
Surely they only account for Sales as and when they are made ,even under Contract you would not account for those Sales until you have actually delivered the Product So Sales in my mind would only be Sales delivered and paid for.
I suspect that they have been delivered and paid for but DHSC are trying to say that they no longer need them and under the Contract they can return them for a Refund. Hence the "argument"

at 31st December 2020 with Sales of 71 million Euro on first quarter I anticipated that they have at least half our MC in Cash !
This is a ridiculous MC watch this space ! Takeover target at this price so it will not remain this for long !

The price reaction was of a company going to the Wall utterly ridiculous, this virus will be around for years, and vaccines hopefully will reduce the affect but testing throughout the world will remain key !
This company has millions in the Bank and is still trading well.

AP statement that " he looks forward to working with him and his colleagues at the BP mine " I find that a rather odd statement as if he is distancing himself from the BP mine which is really what VAST is ! He (AP) is hopefully has been and already is working with "his colleagues at the mine otherwise what the hell has he been doing ! I do not trust him and his BOD and seriously thinking of leaving them to it !