Very pertinent points...24 Sep 2022 22:55
Don't let this slide.
Well done, DRB83.
EV of MINUS £33m26 Aug 2022 16:33
Can someone let DA and the bod know that currently the market values all Ncyt's non cash assets at less than worthless.
The £11m worth of stock - worthless
The £20m net receivables - worthless
Those £25m of non current assets - worthless
This R&D dept that everyone praises so much - worthless
The bioinformatics division that is the core of being first responder and taken years to build - worthless
Primer Design which promised so much during the early stages of the pandemic - now worthless
IT-IS bought for £6-8m - now worthless
The hundreds of patents we have developed over almost 20 years - each and everyone worthless
The contracts and partnerships we have developed over almost 20 years - now worthless
The customer relationships we've built with the likes of WHO and UNICEF and should I say it NHS - absolutely worthless.
Even the £99m we have in cash is only worth £68m. What a discount. This is £99m that has no restrictions on it whatsoever, it could be drawn out of the bank tomorrow. Even that is only worth £68m and next week it may only be worth £60m.
Can someone let DA and the bod know please. I'd love to hear their thoughts. I'd be so embarrassed. It actually explains why we only see them once per year. Their too ashamed to show their faces.
Disgraceful.
Errr... it's less now since that post was made...