RE: Excellent write up.11 Apr 2021 20:03
Sorry but for those too lazy or stupid to read blackbirds write up I give you this.
Side note, that’s nearly half a million pounds in PURE CASH added to Novacyts bank account EVERY DAY! It’s an important observation that has to be made to understand the value of this company moving forward despite opinions on revenue direction, so important in fact I’m going to underline in, put it in bold and in font larger:
Due to the upfront cost of production ramp up and IT-IS acquisition being out of the way, the conversion of revenue to free cash flow is significantly higher than in 2020.
Make your choices fact fact fact
Held.......Holding..........Hold........