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BREAKING EXCLUSIVE: Novacyt dissembles on bad news from Taiwan but hides a bigger bust up with Thermo Fisher

By Tom Winnifrith | Tuesday 6 February 2024

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

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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Which PR genius wrote this?

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