171632 comments

• Comment Link Tuesday, 21 January 2025 19:36 posted by dewascatter

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• Comment Link Tuesday, 21 January 2025 19:35 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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