Member Info for PI100

Don’t be so ridiculous. This is literally going to finish the company.

The circle is complete, we will now be back to pre covid prices.

Yet again directors trying to dupe us by buying in weeks before this.

Oh wow. There is now no floor to the sp. -30% today.

Oh look the old “we believe we have strong grounds..

Hopefully on the dhsc dispute we will hear more than the stock answer “we feel we have strong grounds to assert our contractual rights” or words to that effect, which we’ve heard a million times.

Anyone buying in ahead of Thursday? Imagine it’ll be at cash levels again at this rate.

Absolutely, it’s just damage limitation until then. At least it if it’s another car crash a lot of the negativity *should* be priced in by then!

Fair article. Main concern is probably one we all share - “ There is one key thing that does concern me though. Covid products contributed 86% of Novacyt’s revenue in 2021. That’s down from a 95% figure in 2020.”

HC - actually, you’ll be shocked to hear, I had no intention of saying such. I agree with DRB that it’s just a traders dream, I’ve said for months and months it’s just a traders share now. It still is. There’s no serious long term value for a new investor but at £1.90 and whatever it is next week (£1.80/£1.70 etc) it’s probably great for a quick 10-30% profit. In the mid to high £1’s it probably has a bit of value. I come from the angle of being a longer term holder in at a much higher average so it’s natural to be negative as I, along with many others, won’t be seeing a good chunk of our initial outlay again. If you’ve got the money for a good few trades at £1.70-£2 it could well represent some value as it’ll no doubt hit £2.50 again before the next drop.

Brent - because I can read a chart that has been going down for over a year, bar a spike or two, and to date have zero reassurance that we can replace the covid revenue. Ffs we’re almost sub £2 again, it’s hard to be positive.

GM bought a load of shares in the £8’s so it’s hard to get excited about director buys.

Oh well, we’ll be able to pick them up at cash value come the annual results confirmation on the 28th

The ask is 20% ish higher than reality every single day on here, pre open. Why would today actually see that reflected in the open price?

“Tune in live and watch us destroy your shareholding by 25%, live!”
I’ll get the popcorn.

Agreed. I had a small holding when it reached the dizzy heights but for some odd reason (probably because the £ gain was minimal even if the % was huge) didn’t sell and then get sucked in by the rampers (ultimately my own fault) in the £7’s and £8’s and from there it just tanked and tanked and tanked. Now just desperate to get anywhere near £3-3.50, but holding out almost zero hope.

Marmalade - most of us are still here because we missed the original covid boat, got greedy or a bit of both. Let’s face it, in hindsight pretty much none of us would still be here as this was a fantastic covid play at the right time. Now it’s just going to be low £2’s until the cash is burned then back to penny share.

Because like many others, I’m so far underwater I may as well hang on to see if there is any substance. It’s probably a foolish approach but I’ve stuck with this **** for so long I may as well see it through now. November was the time to exit and I ****ed that up so I’m stuck.

And the chances of that are?
Bio buying dried up.
DHSC - corrupt. Not seeing that cash.
M&A - fingers crossed
Favourable strategy - this lot couldn’t write a positive rns if they were getting a £5m bonus for one, so jury is out on that.
We’d love it but let’s be cautious. Shareholder value has plummeted since DA took over so I’m staggered you’re so blasé about it.

Ignoring the incendiary part of your post, Val.
I guess another way to phrase the question is “will it reach £3 and why?”. What could possibly spike it by 50%?

I won’t lie, I don’t really understand the initial question as it is practically at £2 anyway so absolutely guaranteed to hit it before £3

We all know it’ll easily be sub £2 by the time of the next announcement. It’s following the usual pattern - couple of spikes, then continual dropping until an rns. If anyone has any faith in this they’ll be picking up shares at £1.70 ahead of the results and ‘strategy’ update.

Covid is over, we have no real strategy and the market is pricing us as such.

Absolutely **** all, apart from watching it get torn to shreds by inflation. Shambolic.

Couldn’t be more obvious, could he/she? Luckily I think the vast majority here are well aware of the ramper games and will hopefully green bin him/her.