Member Info for risehall1

Even with no future covid sales Novacyt was being valued almost at cash. The intellectual property and know how might be a good match for Biosynex who will also be cash rich due to covid.

Biosynex, a competitor have bought a 3% stake. This may suggest a takeover approach or merger. It's very good for the share price.

Management should not have allowed the share price to fall so low if they value their jobs. With over £100million in the bank and over £70million owed from the DHSC, no debt as well - it just invites a cheap takeover.

Another new variant... https://www.dailymail.co.uk/news/article-10502843/Health-chiefs-officially-keeping-tabs-variant-thats-Omicron-Delta-merger.html

A merger really would make sense as it would cost little and Novacyt are sat on £100m in capital and need to diversify. If they partner with a profitable fast growing business that needs capital to grow the business it might be a win win.

Denmark removed all restrictions last year on September 10. They had to back track and reintroduce restrictions when cases took off. They now say they can lift restrictions as Omicron is milder and vaccines are controlling it. But what happens when vaccines wear off? Will covid mutate to become weaker? How long for covid to end? No one knows, even the experts can't agree.

I think I know exactly what is going on with the DHSC dispute. Under EU law if a contract hasn't gone through the correct procedures, the contract is void. I think the contract is therefore tied up with the outcome of the Abingdon judicial review which is supposed to be determined in May. I reckon if the court decides the contract is valid, outstanding invoices will be paid in full. If the contracts were illegal, DHSC will argue that all they are required to recompense will be for the materials purchased etc on a quantum meruit basis. To complicate matters DHSC seem to be arguing that the goods were defective, but that might work in Novacyt's favour as it is then a warranty claim. All a bit of a mess, but I reckon May/June for setllement. Unless DHSC decide for political reasons, they want it buried.

The thing that is really holding Novacyt back it that DHSC dispute. They need to get it settled.

Abingdon are more helpful in providing details of their DHSC dispute and settlement has been agreed in principle, but is subject to the outcome of the GLP judicial review. That is due in May, so I expect the DHSC to settle no long thereafter.

Even dead cats bounce. Why would bitcoin recover and go higher? The era of money printing and easy credit is drawing to a close. Interest rates are rising, inflation is rising, the economy is struggling, property and other assets are in a bubble and overvalued. The brown sticky stuff has just started to hit the fan. Bitcoin is just a ponzi scheme that has had its day.

https://www.ft.com/content/83a14261-598d-4601-87fc-5dde528b33d0

Sell. The party is over. Bitcoin is nothing, it has no use, it's worth depends on getting someone else to pay more than you paid. This is a ponzi scheme that is collapsing.

As bitcoin ain't be doing so well I'm setting up a new cryptocurrency called Panda Bears. It's a virtual currency stored like a non fungible token so they take up no space at all. For each bitcoin you would get the equivalent of around 100 million Panda Bears. Every year Panda Bears double in value so within seven years every Panda Bear owner is guaranteed to be a billionaire. But the total number of Panda Bears can never exceed a trillion trillion Panda Bears. Hopefully there will be many gullible and greedy people to buy my Panda Bears. I'm currently selling a 100 million Panda Bears for only $50,000 BUT this offer is limited to only 10 customers. THIS IS NOT A SCAM.

I wonder if the profiles drooler and droolalot are also Mrdribbles.

Hey don't knock lying and cheating. It can be very lucrative. If you want to survive in a jungle you have to live by the rules of the jungle. I vividly recall Warren Buffett and Charlie Munger commenting that in some countries and in many industries like construction and civil engineering bribes are the norm.

https://www.theguardian.com/world/2022/jan/18/hong-kong-cull-thousands-hamsters-covid-pet-shop-virus-animals

I have no idea, but a lot more than current market cap and expect a bidding war. Solaris Resources just put out an investor presentation and at the back it lists the pipeline of copper assets, exploration discoveries and projected copper supply/demand as at January 2022. There are only a handful of projects being advanced, Cascabel is one of them, hardly any new major discoveries and a huge looming shortage of copper, the price of which is set to rocket. And all the majors are sat on huge cash reserves at present.

https://www.theguardian.com/world/2022/jan/16/better-sick-pay-testing-and-ventilation-labours-covid-plan-to-keep-uk-open. Ditch the clown and his circus!

Only having a market cap of around £223m with about £100m cash at bank and revenues of £100m is ridiculously undervalued. The problem with Novacyt has always been the expectation that covid revenues are short lived and the market struggles to value it when revenues are dependent on covid and uncertain.

You've bought into a speculative bubble. In fact, one of the biggest speculative bubblles of all time. A great big ponzi scheme dependent on new buyers coming in all the time.
As soon as that stops, it collapses. Anyone with any sense will sell and bank their profits. Now you curse me, but in a few months you will be cursing cryptocurrencies. Remember that old saying, if it is too good to be true...