As I explained on Sunday in bearcast, the donkey Novacyt (NCYT)will either get a one way trip to the glue factory in June if it loses a £134 million legal case with HMG or, in a best case scenario, take the same trip early next year when it runs out of cash. Today it has dissembled about bad news from Taiwan but it is hiding the really bad news, a bust up with Thermo Fisher.
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