RE: Explode past 18028 May 2020 15:58
just the way AIM is i reckon, because you aint dealing with blue chip stocks which is more or less net assets and profit earning
whether ncyt make hundreds of millions on their tests then good for them, great, all i know is there was some uncertainty on their margins, hence they share price has somewhat cooled off
we know that gdr has 60% gross profit margin before labour costs, so yes the true net profit of that could be far lower, but that is good enough for me to think serious profit would be made if tests sell
many other companies in development are similar, true net profit numbers are yet to be known, so volatility is bound to happen
nyct were the first, and for us they are a competitor, so to use ncyt as a marker/benchmark,against us seems somewhat reasonable
after all, we can think what we like about true value of a company, its the market that determines it