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An article on possible double testing for tourists returning to UK...

At least we are still trading in the upwards trending range. Very surprised at the valuation of the company - I can only think that the market (i) doesn’t like uncertainty, (ii) is not confident on medium to long term sales prospects, and (iii) is assuming competition will hurt Nova. I’m very bullish still and am just going to sit tight. Hard going when you see your holding fall on no news but not too long wait

When is Tullow flogging it’s Guyana licences? Any update on this?

Hi Gents,

I've bought back in today. Price seems to have stabilised and interest in next year's possible/likely drilling campaign will soon pick up.

Also Eco holds a dear place in my heart, having been my most successful ever investment. Despite the old adage that you should never fall in love with a stock, this ride is going to be worth it purely for my enjoyment.

Cumon the lads, cumon Gil!

A couple of Chunky buys In France just now

$9.99*

https://www.unicef.org/supply/sites/unicef.org.supply/files/2020-08/Primer-Design-COVID-19-test_product-reference-note.pdf

£9.99 tests

Next key price to test is EU3.61

I've done a bit of reading into the EuroNext Growth market, as most of the company's shares are traded there and AIM just follows France...

It seems they have a very similar market making regime to AIM. This explains the recent 15% weekly fall on very low volume. On the flip side, very high volume on good news and the MMs will play the game the other way.

I've also noticed that when the market is rising in France, the AIM MMs are a little slow to react. For example, this morning I could see the France SP rising quite nicely on the minute, yet the AIM MMs were still offering the same price as the minute before.

Anyway, fairly trivial but interesting to me!

Decent volume this morning, too. Bodes well

OK, will do. I know i'm a grouchy git - but I can't help but be a bit contrarian (in my opinion!).

This has now bounced quite a few times from its 20 day MA. I think this will resume upwards trend.

Fair enough, Kaeren. You can always filter me! Just trying to bring some balance to this board. Look, i'm fully on board this train. Also, the market is treating this as a penny stock - just look at the valuation! Forward p/e of what 2.5?

Fair enough, Kaeren. You can always filter me! Listen, I am fully onboard this train. Just trying to bring some balance to the board. For what its worth, this is currently treated by the market as a penny stock - look at its valuation!

Correct - I have no idea when the next RNS will land. And, therefore, assume it will be the next scheduled release date. All i'm saying is that IMO its a good sign NOV aren't releasing lots of 'business updates' and seem to be gearing up for a big pre close trading update, which will have more impact than it would if continual updates were released before.

Decent write up in the Times today. IQE is the second most shorter company in London. Could well see a brutal short squeeze soon, taking this to new 12 months high...

5 weeks or so until next trading update and interims... Nice to see Novacyt change tact and act more like a reputable company. Most companies don’t spam the market with biweekly RNSs. The company’s change of tact brings it in line with other small caps. Part of the journey moving from
a penny stock. Bod will be learning fast.

Personally, I'm thinking pre-interims trading update in a month, followed by interims in late September. Of course, a material (£20m) plus deal before then is a possibility.

The Porsche purchase in October is looking good... I'll be having a couple of cold ales tonight

Agree with the below. Another comfort for me is that the share price is falling on low volumes and so it’s not like there is a large institutional shareholder dumping stocks...