Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
WBA who said that about being a £25m company? If that’s the case we are well overvalued and the continued drop is justified.
Another awful start to the week. Was it really just under a week ago we rose 33% in a day?
It's justified defeatism. We had a great day earlier in the week yet we've just gone back to almost where we started. It's a mess. Perhaps this is just a 30m company and those of us in so deep are desperate for it not to be the case.
"Knowing the market space that NCYT operate in with extreme detail David Allmond as a more Pharma orientated C suite experienced individual may have been a poor move on both sides. However NCYT at the time he joined was a slow moving car crash as Covid was beginning to be over with testing locked out to the big guys in hospital market like roche, abbott and thermo and thermo got a lot of the lighthouse work, the test suite they had was a one trick pony and the regulatory overheads were massively increased with CTDA and that was a nightmare. They bought and marketed the IT-IS systems which are quite unloved by users and marketed falsely as point of care where they are clearly unsuited for this. The DHSC dispute could go either way but having put together a consortium bid to run and supply a lighthouse lab I am so grateful we lost that bid as the site ultimately never opened and the cost exposure would have left us with.multi million liabilities. They.may win their case, they have cash but have no real strategy and maybe there is a decent business hiding in their but investor base was a lot of new covid lockdown funds chasing the price and its ultimate high was fantasy land stuff valuation. Non of the share price decline is really attributable to DA and the current price is roughly fair.imho the days of over a quid for them long gone without real investment in product and certification and a decent outcome vs dhsc. DA may have been honest about what they needed to do, the rest of board disagreed and that may have led to leaving. "
Wasn't Yourgene close to going to the wall, so clearly wasn't performing particularly well? It has now been taken over by a company you wouldn't trust to look after your cat for a weekend, let alone a multi million pound business. Hopefully they will prove me wrong here but the experience of the last few years leaves a very sour taste.
No emotive language as I see it. Yes of course it is and is my point - traders pumping it and taking profit to drop it back down is exactly what is happening whereas people on here seem to think this is some major re-rating of the share price which is sustainable, and it clearly isn't