RE: Next Weeks - Investor Event11 Aug 2021 12:47
Post hoc ergo propter hoc - sentiment is in the toilet because the SP is, a couple of shareholders venting on Twitter is not the reason. Having read the responses to their tweet, not all are without merit, at any time NCYT can turn off responses if they wish, perhaps it would be more pertinent to ask why they don't.
There is no institutional interest here, literally none even @ 300p, that's the reason we're struggling, less than 3% of the company in institutional hands (ignoring vatels debt conversion). I know dog miners and oil explorers with worthless assets who are better supported. It is incredulous that a profitable company such as NCYT is in this position but here we are.
Then there's the fact that 50% of our 2020 revenue is in dispute, for reasons we have no idea why and will be the last to know. All the while we've been shorted mercilessly by entities who are far better connected and will know exactly what's gone on.
They need to put forward a stellar investment case next week or the AGM may be very uncomfortable, they not even be able to drum up enough votes to ratify the new CEO because trying to wrangle PIs is like trying to herd cats.