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doing it*
There goes any chance of getting a decent ceo. Leave JM doubt it and save a whopping salary, less a bit of acting up allowance.
Yep, will get battered. Company is strangled for a further 1.5 years. Absolute shower.
Insanity this is going to crash today
Long way off, yes. There’s always the chance this will be settled out of court before then.
See you all in 17 Months.
Wow. Another 18 months of starving the company. How the hell will this has this taken so long? 16 days seems a lot.
from the daily Cause List
17.4 Technology and Construction Court cause list
List updated: 26 January 2023 4:30pm
Judge Time Venue Type Case number Case name
Mrs Justice O’Farrell 10.30am Remote hearing via MS Teams Case management conference HT-2022-000141 Secretary of State for Health and Social Care v Primer Design Ltd and another
A year and a half away... effing joke... expect not a lot to happen in between.. major drop expected
10th June 2024,,At least we have a date now
"While the country will stop widely providing the vaccine to those under 50 next month, anyone deemed to have a clinical need, such as those at risk of severe illness, as well as frontline healthcare workers and caregivers, will still be able to get the shot."
"THE FACTS: Social media users are claiming the UK is prohibiting any and all people under the age of 50 from getting inoculated against COVID-19.
Many are sharing a story from a blog known for spreading COVID misinformation with a headline that reads: “U.K. Becomes Latest Country to Ban Covid Boosters for Under-50s.”
https://apnews.com/article/fact-check-COVID-pandemic-vaccine-UK-Britain-324766934158
Don't recall seeing this on Friday thanks to mit on twitter
https://www.linkedin.com/posts/novacyt%2Eco%2Euk_diagnostictesting-infectiousdisease-sexuallytransmittedinfections-activity-7024647512149917696-Tb2N
Hi Kaeren/ Larry, I took a look at the accounts for the full year 2021 and H1 2022. From what I can see the money for the second and third payments of the LTIP has been held in foreign currencies under the section for financial income and expenses. In the full year accounts for 2021 a financial foreign exchange loss of just over £2million was showing for this money . Could this be one of the reasons why they initially withheld the 2021 payment . Moving on to the H1 accounts for 2022 there is a substantial foreign exchange gain showing for the 6 months and if you look under other liabilities it shows that the withheld payment for 2021 has now been paid. Comments at the end of the trade and liabilities section state -
Other liabilities have fallen as a result of payments being made in relation to the 2017/2020 LTIP scheme, leaving the final tranche which is forecast to be paid by the end of 2022.
Just to add to my comment last night I can't see that DA would have been happy agreeing to such large outflows of cash when so little money was coming in .
D
Maybe The exact opposite wbafc..... It creates distance.. And focus away from company blame
meaning they expect to win the dhsc case? otherwise.... giveustheymoneyback! good point!
If we have PI100 taking his hard earn pocket money out of his piggy bank we could get him to sue GM & AD . The thing is if Novacyt have endorsed the LTIP this effectively means they were happy that no wrong doing was done by these pair and so suing them will be pointless .
"Brutal, as expected. 50p" P100 is waiting for 50p before they sell.
Laughing at your own bad jokes. Tragic.
27-Jan-23 10:00:36 74.0781 3 Sell* 73.66 75.74 2.22
Thank God we won't have to listen to the incessant drivel any more! He's obviously had enough and sold his entire holding lol
Could we sue them? would it be worth doing?
We won't know until we see full year accounts in April. We won't know forward guidance either until then I assume. Or about a new CEO , or where the assays they were supposed to complete last quarter 2022 are , or or or or or. Please feel free to add , off out for the day as quite apparent nothing to excite any of us is going to take place here. Have a great weekend all.
Exactly my thoughts Kaeren...but no Idea why...
I think , note think , you could be correct. So what changed if that is correct. Why withhold in 2021 and pay in 2022.
Wba they had an agreement they should get the money ONCE we win the dhsc case, if we lose will they repay? No would be my guess.