Member Info for Libero

Even if he hasn't been vindicated in that decision immediately, doesn't mean that wasn't the wrong decision.

Give it 2 weeks and NCYT will have risen further than SAR since Friday just gone.

Yeah I get the impression some people don't understand that the share price itself (whether it's 1p or £10 per share) makes zero difference to whether it is cheap or not; and that they need to focus on the Market Cap instead to take a view on the valuation.

These sorts of idiots will lose a fortune if they don't learn even bother to learn the basics.

Correct, I spotted that too

I cannot believe how he sells/buys, then announces it on twitter, and then his loyal followers do the same minutes later without a second thought, without any research of their own, etc. It's mental.

Myles must love it because he gets an immediate boost every time he buys anywhere

Crazy.

Now 885p

Friday's close was 880p so we're back in positive territory - that didn't take long from 800p! :)

Well done to all those who joined me topping up during the tree shake.

1050p is on the way imminently.

Yeah those tender websites are hugely useful.

For BMN, I had found the long-awaited Eskom tender being advertised on their website, and people on the bb couldn't believe it haha

Will hunt around for more tender websites for you to add to your growing research spreadsheet : )

No worries, ShaunP. Happy to help, and always try to add value to the bulletin boards for the shares I believe in.

I was struggling to buy earlier. Tried buying around 820p but ended up with a buy price of 838p by the time it went through!

Don't suppose anyone has a SM subscription, do they?

All I can see is:

"There aren’t too many firms which have delivered a 10-fold increase in first-half revenues to €72.4 million and a 13-fold increase in gross profits to €60.3 million in 2020, all from organic sources. This makes diagnostics firm Novacyt (NCYT:AIM) pretty unique. But the excitement has arguably only just begun with the latest contract win (29 Sep) to supply the Department for Health and ..."

Hahaha yeah I reckon Casshy is a Trump supporter, who has got up early for a bit of trolling

There has been no news to substantiate the drop so I honestly don't know how you could say this. A lot of stop losses were taken out hence the speed of the drop but it's recovering again now so many of us (myself included) have taken advantage of the opportunity to top up sub £9.

The only thing I've seen to explain the drop is Myles McNulty deciding to sell this morning and presumably many of his loyal twitter followers who can't think for themselves did the same thing. Why did he sell? because he got to his target price. Nothing sinister in that.

965 cents now in France

...and I am struggling to buy any more shares here !!

Yeah stop losses are dangerous.

Had you set yours at 805p let's say, you would now have no shares at this point in time, and when you would look to buy back, you'd be having to spend 30p more within 5 mins, and much more by the end of today/tomorrow.

So yeah don't use stop losses. Not on AIM.

https://www.sharesmagazine.co.uk/article/novacyt-still-looks-really-cheap-despite-share-price-rally

They dropped this all the way down from ~970p to 801p based on nothing at all. It was so obvious.

Hence why this has already recovered from 801p to 850p ish already.

Yeah wasn't fun watching that drop but you've just got to remember why you believe in the company, the BoD, the investment case, the bright future, etc. That's how I wasn't even tempted to sell there.

Rebound has just started.

Topped up with another £2,300 just now. No brainer.

They're manipulating the buy/sell price all morning to cause an unjustified tree shake, and have then used that as an excuse to drop the price massively, triggering lots of stop losses (not genuine sells).

This will rise back up significantly by the end of the week because

1) It is in the BoD's interests to issue an RNS to cause the share price to rise by next Monday
2) It's massively undervalued
3) There's so much news on the way

Don't mug yourself off by selling at this time. You will regret it when this is trading at £12 per share this time next week.

Top up 100%

The fact the BoD have a massive incentive to make the share price as high as possible by the end of this week is hugely important here.

Ah, just googled, and you guys are right. Companies can choose to remain on AIM if they wish to. That's the case for the likes of Fevertree etc.

Apologies

For those who don't know, shares whose Market Cap exceed £625m at the next review date are automatically promoted to the FTSE 250

NCYT's is currently about £650m, and the next review date is only 2 months away, so NCYT will almost certainly be promoted.

Triggering a whole new breed of funds/trusts/investors wanting to buy in!

This is an absolute bargain at the moment, so I shall continue to top up wherever I can :)

Our MC is £650m+ at the moment

Automatic promotion to the FTSE250 is £625m

http://www.stockchallenge.co.uk/ftse.php

So yes this should be promoted at the next opportunity in 2 months' time