RE: Waiting for long time17 Dec 2020 12:41
Chuggly the reason why the sp has dropped is because of the vaccine news, It would have most certanly stayed around 90p-100p along with GDR staying at over 100p and NCYT around £10.
The sentiment has dropped because of the vaccine news, lets me honest and will return when decent orders and contract news is released or even a RNS on he MHRA or news on the ramp of tests going into the new year.
The fundementals have not changed and anyone worried should sell off and wave goodbye to this stock and spend their losses on giving theor loved ones some xmas pressies.
Applying a low of PE of 5 would give mcap around 500 mill based on your calculations. Thats on 100 mill profit.
SP would be around £2.78.
2021 will be the turnaround no.3 for these stocks - mark my words.