Member Info for Urraca

The key message I'm getting from Biosynex is that a medium sized company in the same specialist area with a decent but not infinite cash balance sees value in NCYT at its current valuation, and matched against other current opportunities for its cash.

That arrived slightly sooner than I expected, I thought Monday. So they were at 3.0012% on Thursday 10 Feb, and 4.04% on Monday 14 Feb. An extra 736,332 shares bought over a maximum of 3 trading days. They are still waiting the maximum permitted time to notify NCYT, and had 14th and 15th of Feb to continue buying at the price before their first holding announcement. Does the 4 day period before having to notify include weekends, does anyone know? If so, there's a good chance there will be another holding notification on Monday.

Obviously the speculation on Biosynex's motives is interesting. Sword seems to be suggesting they are just in this as a trade, for example. I am more intrigued by NCYT, who appear to be frozen in the spotlights like stunned mullets (if you'll forgive the mixed metaphors). Are they happy with this turn of events? In collusion perhaps? Or are they going to take defensive action? Instigating a share buyback programme pdq seems to be an obvious course of action - they have the authority and cash - unless of course they are content for Biosynex to build a stake.

I feel a bit sorry for whoever sold at under £1.80 today. But to be honest after the holding RNS on Tuesday, that was just daft.

BYP, as you were so eager to gloat in your clever trade this morning it seems reasonable to assume you'd have gloated yesterday too, if you had done the same. But you didn't, ergo.....

BYP, you mist be kicking yourself you didn't sell on the mini spike yesterday morning, you'd have made 10% more. Ah well, as the Eurythmics said, Sweet Trade Dreams Are Made Of This. Better luck next time. PS, will you buy back slightly lower to shave a sliver off your average?

Funnily enough that large after hours trade is reported on the London Stock Exchange site as being transacted in €uros not £ sterling. Does anyone know of any French outfits buying chunks of NCYT I wonder?

They crossed the reporting threshold last Thursday, and waited the maximum amount of time permitted before disclosing. I could be wrong but it seems highly likely that that was to allow them to continue to accumulate at bargain basement prices. 1% is equivalent to 710,000 shares. Doubtful they got that many in a day, but if they got that many up until yesterday there could be another TR1 incoming on Monday. Why wouldn't thay?

About holding RNSs is that they can drop at any time of the day. As the one did yesterday.

Globetrotter, of course you don't need permission to state your thoughts. But when you stated the thought only yesterday that "A catalyst is needed to revive SP in a tangible way but honestly i cannot see any on the horizon.", you have to expect some gentle ribbing at your total lack of perspicacity. It was hilariously wrong in such short order, old chap, that I'm weeping with laughter. Please do keep them coming though.

It is the highest price the bidder has paid in the last 12 months, not the highest price anyone has paid. But I do vaguely remember a BB discussion quite a while back which I believe concluded that French rules will apply. Can't remember what they are though. But NCYT is definitely in play at the absurd price it had sunk to. Let's pray someone else decides they'd like the company, too.

Where is BYP? Perhaps offering his wisdom to Biosynex on a consultancy basis? They don't seem to have been swayed by his/her/xer negativity.

This interim dividend alone yields over 4% at the current share price. Almost all trades are algos, so they are being rational by their own rules, which involve scalping pennies in micro-seconds. The yield will determine the long term trend, while algos determine the minute by minute trend. This isn't really a share to be watching non stop like a volatile AIM share. Just kick back and enjoy the yield.

Give it time. If the final dividend rises by the same huge amount, total divi this year would be around £3.33. That's a 13% yield. Which has to be a significant alpha indicator, its certainly above inflation. So I would expect the price to rise to secure that. As for the giant trades, I've seen a suggestion over on a d v f n that there are shorts that need to close. But for a company valued at £127bn, trades of a few mill are nothing really. This is where the real money is, not desperate PI rainbow chasers sweating over their few grand on AIM.

That's a monster interim divi of £1.11 a share. Wowsers.

I see our market cap is finally approaching parity with AVCT. Unfortunately I was hoping it would be from ours rerating up, rather than the way its happening.

Quite likely HighlyGeared. I was just wondering whether we might recognise some of the names, and whether some of the self-appointed gurus and sheriffs etc might be among them.

It would be genuinely interesting to see who these posters actually are.

Mcadder, ABDX did a placing at 25p on 1December, and an over subscribed open offer at the same price later in December. Two months ago. Their sp is now 14.65p. Don't assume a placing price puts a floor under the sp. Regardless of how much you may have lost on ODX, the value of your shareholding today is 100% of your capital right now. It is possible to come back after horrendous losses - I've done it. But you need to be realistic about how AIM works.

The better ABDX comparison is their very recent placing at 25p. Seen as a disaster then, it's share price would need to almost bag to get back to that now. IIs make money out of AIM placings by forward selling before the placing is announced. PIs get fleeced. It happens all the time, all PI AIM traders get stung by it, usually in their early days. You can leave the casino, or try and learn.

As covid winds down, and there's carnage among covid AIM stocks, its worth remembering that only NCYT got out of the starting blocks straight off, only NCYT that made and is still making money, and only NCYT that had built up a huge war chest of over £100million. Only NCYT is positioned to emerge from the pandemic totally tranformed.

This is on the UK Government. While Private Eye and the Good Law Project exult in putting the boot into British businesses that stepped up in the horror of the early pandemic, the Chinese are celebrating their great good fortune in making billions off us.