The Trader 

Novacyt: the rocky road to riches

Michael Taylor

Novacyt: the rocky road to riches

Novacyt (NCYT) has been the star performer on the London Stock Exchange in 2020 with a stunning return of over 10,000 per cent since the start of the year. This gives the stock the elusive and hard-to-earn badge of being a 100-bagger – something very few stocks in their lives achieve, let alone in one year. Yours truly was a shareholder in the 30s having sold for a scalp, and now I feel very silly indeed. It’s tempting to think of what could’ve been had I nailed my hands to the table and ignored the volatility that would’ve come with this stellar run. 

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