RE: ONCE IN A LIFETIME AIM SHARE5 Feb 2021 15:42
Iv always been pro NCYT and their fundamentals have been an ever present positive in the global solutions to Covid.
Have been here in the early £1 and £2 days it was really positive that it pushed on (almost after a turgid few months from around £5) to then in the autumn push towards the 'nice' of £12.
There was some pretty telling solid weeks of 5/6/7/8% a day rises.
More often than not the resilience was strong. Then along came the vaccine news and it wilted to £5.60 and then grew to c£8.
Then January comes along, 2 weeks frenzy before results, bit of a mania and the 'good vibes' (which there are) and we look set to clip the highs of £12. Then from 25th its been a turgid slow burn, boring play on the board whether youre a ramper or a shorter its lost a bit of pace and here we are at £8.
So to me....
Patience is always everything. What I think will happen is this will push back up to £12/13, there will be some triggers, but its worth noting the mould on RNS's in this business tend to not push up the shareprice in a multi bagger way, it tends to be sustained volume.
We saw a wee push this week with the RNS but that value has went.
The boring bit is, we are being played here and very badly, however how long it will last its unclear, but I do feel now more than ever that exit and thresholds will be set as the NCYT bandwagon to me definitely isnt majorly well perceived in the market or it would have these 30-40% lifts in 2/3 weeks followed by a drop of the same ilk.
Starting to become underwhelmed and whilst I have no need to exit and have a wee think over what could be, its a tedious share to hear all this noise/ hot air and speculation and then be left with limited reward.
3-6months this needs to push on. Will AIM and the MM's let it. Hmmmmm time is a factor.