Great post and correct in my view trilla... It is clear that PCR testing is not the priority whatever the rights and wrongs of that. It is also clear in the UK that the vaccine is working superbly well and that will hit testing in a few months if the numbers continue to fall away. Mullins has his work cut out to acquire or the shares will fall further.
I have been involved in a physical gold blockchain project. The value comes in a number of ways:- - Blockchain can provide provenance so gold can be tracked from the mine to storage to sale/purchase and then shipment to the JP Morgan vaults. I have seen plans to be able to show a buyer which piece of a gold bar is actually in their ownership based on using blockchain in this way - The mining companies in today's world get around 88% - 90% of the value of the gold in selling to the big banks who hoard in there secure storage. The project here would be to allow the Mining companies sell direct to the underlying buyers. Just imagine cutting out the likes of a JP Morgan with an Upper Thames being the central market. - Issuing the token that represents the gold held in the vaults can decentralise the gold market and give the big banks a real headache - A Non Fungible Token could be one answer and that may be the Upper Thames plan of action. Obviously just my thinking, but what an exciting opportunity!!
Not sure what makes one think it was a buy other than the market maker bought it from a seller. The trade date is 22nd Feb so was yesterday's trade and was printed after hours so presumably was worked over the coure of the day. Yesterday, the 22nd KR1 ran up to 234p bid and closed around 202 - 212p... Given VWAP was close to 212 it was clearly a sale. My guess it was the individual who exercised there warrants so expect further selling. Happy o be proved incorrect.
MM's do not want your shares. I think the MM's are fed up to the back teeth of ncyt. They have been net buyers for weeks now and are having to call it down every day as all they are seeing is selling. Have you actually been a MM?
The SP will fall first thing tomorrow. Just does not seem anything to prop up the price at present? 1- There is a focus on LFT over PCR, rightly or wrongly 2- There has been no update on the NHS phase II and that is disconcerting 3- The Vaccine in the UK especially is rolling out at pace and that will lead to less positive cases and then less testing (possibly) and the lifting of lock down 4- The company failed to state a clear and achievable 2021 revenue number I do not feel 500p is coming any day soon but the SP will drift on uncertainty in my opionion...
It will be good to see the audited numbers helx. These should be delivered around end March early April. They will give the confirmed revenue number for 2020 and hopefully what was delivered in Q4 alone. The Q4 number will give insight to 2021 and the board may also give Q1 numbers as that should confirm growth continues. The two real unknowns are:- 1) How much and who gave the 'non trading' related payment and will there be similar up-front payments as that could stave off a further raise? 2) Will the board give detail, names and games on any new signed agreements? Could there be good news on the way?
Good persistent, not huge size, buying into the close on Friday. News is certainly due here especially around new clients and Q1 progress. Next week it may be?
2020 EPS sits at 263p at £187m announced (to be confirmed) Cash at £92m sits at 129.57p per share
Valuation now £524m suggests:- - Historic PE of 1.99 at Friday's close (£187m divided by 71m shares) - Real historic PE of 1.64 after accounting for cash (£524m valuation less £92m cash = £432m true valuation)
IF you feel revenues can be close to the 2020 level this year then the shares are significantly undervalued.
I expect a correction to around the 950p level in the coming 6 weeks.
Logic says it may fall back to 3 or 4p - just simply weight of sellers, but I am a buyer at 4p or below as the story si further along than we think. Exchange and token issuance is in place already and first project has commenced....
Yatak, who are those big dogs? I see Bids, Anzu, Adverty, Admix, and Frameplay.... Who are we missing? I certainly feel there can be three successful players.
Morning Techtonic, I also made an initial investment last week and the more I look at the portfolio the more I like them. Low6 looks exciting and I gather may be listing on ASX in the coming months. Rogue Barron is growing with improving sales of Shinju Whisky and its two other brands. Rincorn could be a similar investment to Greatland Gold - same region and good early results. My plan is to talk into each of the key investments to egt a view on each.