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val, well most small companies won’t unless there is another covid like event. however, that’s irrelevant, ncyt have the money and are doing nothing with it (your gene acquisition is a massive risk so will see how that pans out) and it is being burned at an alarming rate.

and where is the extra £30m a year from? are you referring to joint revenue, you do realise that revenue doesn’t equal cash in the bank, we have **** loads of overheads to pay for.

hc - precisely, and yet again they proved why with that awful presentation last week. if justice is served they’ll be kicked out tomorrow but we know it work. i’ve not even been able to vote. pathetic.

i’d say it’s more 36-48 months given the speed we move, don’t forget we’re miles below 2019 revenues, your gene is loss making and comes with an expensive executive who may not see eye to eye with the current crop, could cause delays. you’re right that there’s no use investing based on cash in the bank as that looks like it’ll be gone in 4 years.

What are you expecting? We got the dire results last week and that’s it for 2023, another total write off of a year.

He cost YG around £0.4m in the last accounts as well. Expensive resource if he is useless

Larry talking nonsense? Never!

Kaeren, are you selling today then as it looks like his is CEO?

Definitely looks like a showman, could be worrying with that amount of cash at his disposal. However, ncyt as a business is dead so we may as well take the gamble.

Dinglewolf - have you ever posted anything positive? And if you have, was it backed up by any evidence?

what is doom mongering about the truth? if you hadn’t noticed, the outcome of that word salad ****e was another 8% off the marcap.

WBA - absolutely not. I’m not a trader. Yes I expect it to tank to low 40’s but I also think the only catalyst for recovery from there is a favourable dispute outcome and that’s purely 50/50 so not something I’ll gamble on. My gamble is just leaving it in now and seeing what happens in June. And no I’m not selling now and buying back at 40p - I obviously don’t know this will happen but from experience can envisage it, however for the sake of a few hundred quid spread between the two, I’m really not interested in taking the risk. I’ve written off 80% of my investment and am just leaving the rest as it is until June.

The market is treating that presentation with the disdain it deserves. Well that's pretty much it for 2023 announcements so i suspect we'll now drift down the the low 40's again in Q4, and probably further as we move into 2024 and closer to the court case.

No mention of it WBA. It was just a soundbite at the time to shut shareholders up, they know that most will have forgotten it and vote based on recent events which is the acquisition and will therefore 'give them one more chance'. A bit like our beloved government, they've spent 13 years destroying the country but chuck in a 'tax cut' or 2 in March and the masses will flock to the polls to give them one more go.

Utterly predictable and depressing. Scandalous

Is DA back? Jesus. So basically, we’ve learned nothing sbout where the business is going financially and no mention of the magical £100m

How do we know they are capable of doing that? Ncyt have only ever been profitable due to covid and we have seen the absolute car crash in the financials since that ended, even with the huge pot of cash. So taking away the lotto win, ncyt have never been a profitable business, with or with debt or piles of cash.

Let's not lose sight of the fact we are some £93m away from the organic, non acquisitory revenue of £100m. This cannot be overlooked.

Just read the whole thing - what an utter mess.

Saintsmith - convenient timing, eh. If the majority of shareholders were swayed by the acquisition to give these clowns another chance then more fool them.

Oh no, 9%. can't keep up

7% red now, market has made its mind up again.

Yes I will be around because, as I’ve said many times, it’s just a gamble now at 80%+ down to just see what happens with the dispute. I’ve written off the operational prospects as it’s clear there’s nothing there so I’m just all in for the dispute outcome.

Loss after tax of £8.3m, a whopping £0.4m less than last year. So circa £16m loss for 2023, dispute aside the cash will be done within 2-3 years.

They have a long term plan, what is it exactly?