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• Comment Link Τρίτη, 21 Ιανουαρίου 2025 10:19 posted by 777pg

  The dream of every investor is to stumble on the golden undiscovered company just before it rockets in value.
  
  
  And while the coronavirus has been tumultuous for markets, it has
  also turned a slew of obscure companies into stock market darlings in months -
  or even weeks.
  
  None more so than Novacyt, a France-based biotechnology company whose Primerdesign outpost in Southampton designed
  one of the first Covid tests in January and is now supplying the world
  with kits.
  
  
  
  
  Shares in Covid test supplier Novacyt, which bought Primerdesign for £12.4m in 2016, rose another 5.1 per cent, or 58p,
  to 1194p, bringing its rise in 2020 to a meteoric 9,085 per
  cent
  
  An investor with £1,000 of shares in Novacyt at
  the start of the year would now have nearly £92,000. Someone with a £10,000 holding
  would have close to £1million.
  
  
  
  
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  Shares in AIM-listed Novacyt, which bought Primerdesign for £12.4million in 2016, rose another 5.1 per cent, or 58p, to 1194p, bringing its rise in 2020 to a meteoric
  9,085 per cent.
  
  Worth more than £773million, it could now comfortably sit in the FTSE 250 index if
  it were listed on the main market. Elsewhere, car dealer
  Pendragon added to a recent, albeit more modest, rally.
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