there is certainly a lot of emotion around novacyt, personally, as someone who requested this stock be added back in january, i do not believe their current contracts and sales warrant today’s valuation, and even if their contracts doubled again i don’t reach the current valuation. Additional concern is that governments will move away from PCR to more novel rapid testing solutions - novacyt have on rapid POC solution, but so do heaps of other companies. It’s worth remembering that while the market may think oh there are only a handful of other listed companies offering testing solutions, there are even more private companies also offering competing services. Just because you can’t invest in them doesn’t mean they don’t eat up market share. I sold at £7 and am staying out unless the price corrects a lot, but that seems unlikely in the short term given the numbers of uber fans.