Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I know where I'd prefer to be when the 'We've made up' RNS lands...
We've seen 50% drops multiple times over the last 18 months and each time we bounce back stronger.
Ask yourself this question: Will we sell everything test we produce and more?
The answer is pretty clear to me with our IP and gold standard tests (in addition to new 'Next Gen' product launches) there will always be demand especially with the variants which are now sadly hitting the UK and the ROW.
Intrigued to see if they continue to build position as strong as they have done recently..
The 5,000 and 10,000 share blocks of buys last week were relentless.
If we see the same next week, then there is much more to this that meets the eye.
My opinion is without an RNS tomorrow we could see 3 volatile red days before a bounce back on Thursday, so your choice as to whether you set a stop loss - I personally won't be doing so.
I believe in the company and the current figures even without the DHSC are incredibly strong and make the current Mcap laughable.
If you believe in the fundamentals but are stressed about it, I personally would switch off for this week..
I try to look for positives and selfishly I didn't get to do my bed and isa last week.. Monday/ Tuesday are going to be an absolute gift for that strategy IMO
Not been on here for a while and not read previous posts but my take on it is although today has been a bad day, the 'dispute' could very well be 'resolved' and quickly!!
In all the hype many may be forgetting about all the patents we currently have and that really is one of the biggest attractions for me towards NCYT and absolutely will be for any potential TakeOver candidates.
We have a number of USPs over other diagnostic companies with said patented products, being way ahead of the game with variant detection, Gold Standard 100% detection and of course mobile lab roll out to name a few..
We were most likely having to be very careful entering into any other major contracts with foreign governments or the like as not to risk defaulting on supply to UK GOV. If this is the case then discussions can be resumed and if the GOV are at fault with this 'dispute' then that can be easily explained to potential contracts.
For me we are massively oversold and I along with a number of other LTHs have loaded up.
ATB
Folks, I believe we are VARI close now to news!!
Inevitably news will land when least expected.. No leaks and loose lips which makes me feel it will be as big if not bigger than most are expecting.
Patience has been tested many a time over the past few months with pockets of info released and fantastic research discovered especially jobs and Linkedin research. Seeing posts removed quickly on linkedin by staff is a huge giveaway of what's to come.
The question is when? My answer is any day now..
I'm holding on to my golden tickets and accumulating along the way!! GLA
Yea, not bad... ; )
I think you're spot on Reece and that is my exact strategy unless anything significantly changes in the meantime.