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Oxford Nanopore – is this low growth cash guzzler really worth £1.45 billion? Dismal results posted!
Its association with Neil Woodford and its constant hyping, no rather sordid slavering adulation, by the deadwood press always lead me to treat Oxford Nanopore (ONT) with real suspicion. Institutional investors bundled in at 425p in its September 2021 IPO. Today the shares are just 176p but piss poor results suggest even that valuation is mighty generous.- By Tom Winnifrith
- 2023-03-21 08:26:23