Member Info for PI100

Quite true, 21ATS. Problem is the government have clearly decided they want to destroy what is left of uk diagnostics and ncyt in particular, it could be 2/3/4/5 years before it gets aired in court, and the longer that is the more of a mess we will be in (cash burn).

Personally no, but I’m quite pessimistic re ncyt. There’ll be some here who can see some light. Ultimately it seems like the dispute outcome will be the catalyst for further decimation or a brighter future. That could be years away.

Interim following DA’s departure last week

No agenda. I changed my mind. People do that, you know.

Isn’t he the one he talked about £100m organic revenue? That alone suggests he hasn’t got a clue.

I don’t know what it is we were supposed to be focusing on. A very dull man talking from a script sheet

Thrilling

Wilson - what counts as fantastic R&D? All that matters is if it can be monetised. Can it?

Wilson - next to each of the points I listed please let me know which ones are incorrect

Not really. The market sees:

No CEO
No future revenue generating strategy
2022 losses expected to be £13.5m
Shambolic communication with the market
Being sued for £134m

Possibly slighter more, but yes broadly double the marcap

Distorted to my agenda?

I’m literally talking about what the board have told us.

See, I speak based on facts given by the board such as that and also what the so called experts on the board say. ValJu just talks absolute **** based on nothing factual.

From the September rns
“ Predicted Q3 2022 revenue of circa £2.0m, with similar levels expected in Q4 2022, resulting in an anticipated EBITDA loss for the full year of circa £13.5m”

Sharestack - my experience of this company over the last year or so. I was specifically talking about novacyt board predictions, such as:
- sales being a few million lower than 2021 expectations
- 50% drop in covid sales in 2022 - it was over 70% in Q1 and possibly around 80% for H1
- £100m organic revenue in future

Those predictions from the board of this company over the past year. Comprende?

Why would you expect that? This is an unbelievably amateur company and I feel sure that the contract was not watertight, as evidenced by the fact it is still ongoing.

Breaking even? Do you understand basic maths? The latest forecast suggested circa 13m losses and from experience that’ll probably be worse than they said.

They’re absolute clowns, the money will be sat in a 0.0001% credit interest account.

Just because they said it does that mean it is true or likely? They’ve proven themselves to be completely incompetent and incapable of running a listed company properly so it wouldn’t be a surprise if that is completely wrong/a lie.

When in reality we will get some chancer looking to dip into the pot before it is gone.

No one worth their salt wants their name tarnished by the dispute..

They need someone like paul Daniels, more like