rinse & repeat19 Aug 2021 12:16
For me the investor meeting yesterday was not good enough .
If we want this share to shoot up to £6+ , then we needed some more meat on the bone . Currently this is a day traders paradise share and they will buy low and sell up once they get their 10-15% profit . It will be rinsed and repeated and we LTHs are then left hung out to dry .
We needed to know how soon the antigen LFT for home use could be available , we needed to know if winterplex in PROmate format would be available soon . We needed to know more information about the USA market and what potential revenue could be made from there . We needed to know what the BOD thought about the current share price and what they intend to do to improve communication , issuing RNS on new contracts and validated products . At the moment its twitter communication that they are releasing information on .
My impression is that GM is arrogant ( now that he will receive his £8M bonus )and very stuck in his ways with communication and simply not dynamic in promoting Novacyt to full potential .
I cannot wait for GM to go now , i just dont have much faith in him , he seems just not bothered for long term share holders