Observation28 May 2021 11:12
As mentioned before , I am also invested heavily in Synairgen (SNG) who share certain similarities with NCYT in terms of a plunging often static SP. However, their funds are minimal and they are still awaiting phase 3 result of their drug. Their CEO has come under fierce attack like GM and they had a disastrous lacklustre webinar recently which worsened the mood of PIs. This prompted an interview with their CEO who performed excellently and with a few choice words and upbeat approach certainly put shareholders minds to rest. The result was a complete change in sentiment amongst shareholders and the SP is now roaring ahead so much so that I have almost broken even - oh that my biggest holding by far is in NCYT! There is a lesson here for GM. I realise his hands are perhaps tied re DHSC but surely to goodness an interview covering other aspects of the business would not hurt and help put investors minds at ease. All these tweets seem to do nothing but irritate many investors and sentiment keeps dropping. RNSs have no effect either. I honestly do not know what game NCYT are playing but one really does wonder if there is more dirty washing to be revealed and perhaps income is not at the heady heights some here purport it to be. I am beginning to wonder if it might take several years before I break even with this concern (if at all) and I view end of June results with considerable trepidation.