RE: Shareholder rights9 Nov 2021 11:54
Good post Hillseeker. This forum has been a constant drain on morale for months as it is shorters paradise. Think the majority of PI's trapped by the April RNS has been a telling factor in the fickle nature of confidence in the stock. That combined with on going clashes on this board with notorious rampers/ derampers its certainly been a really weird place to be at times when you read all the verbiage.
On a fundamentals perspective there is a blatant lack of good solid comms by NCYT that is apparent, however the business being at the pioneer of testing offers some insight into the future of the business, which I dont feel is majorly bleak, its just not a prominent as it may have once been wished or articulated.
There is one huge factor here, this mess has been caused with DHSC. Given the recent media chat on the gov in other ways on how conduct has been, I would imagine the enquiry over covid, lockdowns, purchasing and many other matters will rumble on for months/ years.
If NCYT are gagged and feel obliged to stay hushed for the best outcome for the business then that is painfully frustrating for the shareholders, but there is evidence that is the agreed stance between the parties.
In order to get a solid start to 22, id be expecting DA to issue some positive comms on forecast as well as picking up on the business strengths and future aspirations to raise interest levels and also erode uncertainty and 'panic'.
Will be an interesting first 90 days in office for him.