Member Info for RBMInvest

Well, it's all over the BBC site...
https://www.bbc.co.uk/news/uk-53672841

Tree shake/shorts getting out ending.
Willing to buy 50,000 shares in one hit at £3.145
They're needing shares, so this looks north bound to me....
HOLD. DYOR

Lucas, contacts close to AML. They're confident they have a winner on their hands.
May not be the reason, but hard to keep motoring journalists quiet.

Press reaction to DBX is said to be amazing. Customer interest/orders is beyond their expectations (allowing for Covid).

They're on there, just need to refresh it.

Big upsurge in demand from the MMs....
They're now offering to buy 50,000 shares in one hit, at £2.94
They need shares to fill orders.
HOLD. DYOR.

Burt the best we could say is that there MAY be a high likelihood though.
We're guessing, we don't know.
Trust GM and the board to deliver and show some patience.
If you don't trust them, then you shouldn't be invested here. Simples.

Guys, let's not get too hung up on a UK gov order - we may not have put in a tender. We may have been fully sold out to more profitable markets. Maybe that's why they've handed contracts to untested suppliers - because they'd missed boat with the established players. However it's panned out, I cannot see us selling anything less than our full production currently (and at good profit levels).
If we're doing that, then it really doesn't matter where the orders have come from.

They're looking for more now. Good sign.
Same price, but willing to buy up to 30,000 now in one hit.
HOLD. DYOR.

Reasonably healthy demand for shares.
Offered £2.896 for 20,000 in one hit.
Not as high a number as we've seen, but risen since yesterday.
Hold. DYOR.

£200M!!

If we get anything over £200K, Dylan might get to choose any bedtime he likes.....

Chrisnar, it looks likely. Seems to be a two day delay from award to being posted on Bidstat. If it's a sizeable award, NCYT will have to RNS it.

Plus Diagnostics For The Real World showing as £20.4M

DNA Nudge award now showing on Bidstat, £161M + £3M

...and as if by magic, the SP bounces back. Let's stop panicing over small fluctuations and small competitor rewards when NCYT's fundamentals remain so strong and the global market so undersupplied....

A sense of perspective, patience and trust in NCYT's BOD is all that's required from us all, for now. We cannot effect what is beyond our control, so let's not waste our energy (or that of NCYT) trying to do so.
FAR bigger things around the corner than we saw peddled out yesterday.
Keep the faith.

I really do think that some are missing the bigger picture here and placing too much emphasis on a couple of contracts handed out yesterday. They are not the only NHS contracts being tendered for, there will be larger ones handed out over the coming days. Also, whilst we all want to see transparency in such awards (which can be sought politely), there is seldom any benefit in shareholders openly calling a company's customer corrupt etc. (especially when larger awards are to come!).
Also, some are jumping to assumptions without even knowing the facts. We don't know what NCYT even tendered for - they may have chosen to sell their finite number of tests into more profitable markets, or they may simply have been 'sold out' to existing customers. Let's not jump to conclusions without the facts.
As it is, we've seen a very small drop in SP (easily recoverable), yet the company's excellent fundamentals remain.
SPs never travel in a straight line. No company has a God given right to win every contract and, far more importantly, successful organisations tend to pick and choose which contracts to chase.
This is a very good company, with excellent products selling into an extremely strong market. Patience required.
Strong HOLD for me. DYOR.

Agreed, very short-sighted to get out of NCYT now, they're on the brink of something big. No longer a wannabe, they're building the business well. We'll get to see the big picture shortly....

Relatively small awards this morning, the big deals are yet to come:
'Other rapid-turnaround tests are expected to be ordered from other firms in the coming weeks.
The new tests are on top of the 500,000 tests per day target the Government set for the end of October.'
We'll get our share (on proviso that we still have the spare capacity to deliver), just be patient.
The market appears to know this, no big sell off, no big drop in SP.
This morning's announcement was a headline grabber for the gov, just hope it doesn't come back to bite them in a rather large way....
Strong HOLD for me. DYOR.