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Andrewkennedy079@gmail.com
Nothing to lose. The more the merrier!
The fat lady has sung
https://www.londonstockexchange.com/news-article/YGEN/court-sanction-of-the-scheme-of-arrangement/16115288
I believe LR displayed his contempt for ordinary shareholders a couple of years ago at the time of one of his (not) informative on-line ‘meet n greet’ chores. In response to a number of legitimate queries surrounding the retreating SP, he arrogantly announced he would restrict comment on matters over which he has influence.
Little did we know then that his ultimate ‘influence’ would decimate shareholder value to death.
He has secured his future and there’s an end to it. Why would he lower himself to now respond to the anger he has safely left behind? Despicable.
Did anyone here ever contact Rees to express their views, I assume not and if so chance of a response must be minimal, but just for interest, did anyone try / get a response - would absolutely love to hear what excuse Rees could come out with for a wholesale F' up like this. I do hope life treats him to what he deserves.
No scheduled for 7 September
Hemo, wasn't that done yesterday?
Not done and dusted until the court sanctions the scheme. Another offer could still appear but admittedly it’s unlikely.
Andrewkennedy079@gmail.com
Worth a try, nothing to lose.
Well done Lyn, you should feel proud of yourself !!!! Snake
All done and dusted!
Have I missed the outcome?
Will you be going to the meeting tomorrow in Manchester ?
Yes Opti, a must for both parties really. But Ncyt will survive if it goes wrong, Ygen won't I fear. They won't get another placing away either. They have to hope the big players have since calmed down and vote in favour.
It this goes for admin then it won’t be easy for ncyt and there will be other player. Plus with ncyt 1h revenue of just 3.3 million then need yourgene to boast their revenue number.
So, this deal is a must for ncyt!!
Maybe Ncyt will buy it out of administration for peanuts.
And miss his bonus don't think so ..be interesting to see his approach if it fails first time.. there will be sweat ..on the this has got to happen announcement to the beligerant
Wouldn't be surprised if Rees ferks this up, just like everything else he touches.
Bloody hope so.
We've made every junction a U turn!!
Is it tomorrow morning we find out?
Correction, 3.28M shares sold
A bit surprised more are not selling at 0.005p +.. Not much more to gain even if it does go through. There is risk it could go pear shaped too. I have a few left in but have been selling at these levels with my last being 3.4M shares a few minutes ago.
Wouldn't be surprised if they make a hash of this sale too.. I think there are many who reckon they will vote against and some are big holders too aCcording to TW. The feeling of Rees walking away laughing at everyone is too much too to take for some, inc myself. We will soon find out.
If BGF think it's the best deal then I expect the other big shareholders will follow. I expect it will go through first time given the alternative.
If there are no other bidders and the board fails to get the required 75% vote then the SP will plummet.
All that will happen is the board will recommend a revote and with a lower SP Novacyt might offer less.
No other bidder.
Expect Novacyt confident of getting 75%
Why would they offer more.
Problem is with pathetic Stifel and BOD contentment at deal. No urgency or hunger to press. Sold down the river!