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Looking at the figures from yesterday's end of year results, my thoughts are that significant cash burn is due possibly to the LTIP payments to Graham Mullis and his side kick Anthony Dyer . My argument has always been clear and i have told Mandy Cowling this and that is why should these two individuals be rewarded with MILLIONS OF POUNDS when the SP has not been sustained and only actually hit the level of LTIP for 6 weeks and that was pretty much manipulated by GM with his ramping by way of continual positive RNS. These two , GM & AD have walked away with millions whilst the company is trying to rebuild following the DHSC damage . There needed to be some accountability as these two individual were directly responsible for the contract negotiations with DHSC and it was not water proof to protect shareholders and Novacyt .
Huey seriously no you started all this... with your accusations, and why lse saw fit to remove many of them?
I originally ignored and now retaliate, as why should anyone accept your lies, (be different if it were truths) and I certainly wont... dont like it, filter, keep being sarky and spiteful, expect the same, or we can bury the hatchet, but your assumptions could not be further from the truth if you tried?
Up to you....
I'm being serious. Look at your posting history and see how your posts have become more emotionally extreme over time. You attack, you try to befriend, you post conspiracy theories,you post lengthy letters that you are leaving the BB because of other people and then you repeat the cycle. You also post obsessively. Really I mean it if you won't seek help at least Google bipolar and learn more.stay safe val
I'd like to have seen bank interest included. I suppose we have to wait until April for full figures.
If they are missing from that, they need to have a word with the Money Saving Expert, Martin Lewis...
Spewy, I do wonder what it is like in your deluded world, is your keypad, your comfort blanket, why are you hurting, so much, why so much bile, was it the whole dole cheque you invested & why you are so bitter…
I realise brains is not your strong point, but there must be a meaning employed job out there somewhere!
Tell you what, Im in need of gardener, you know mow the lawn pick up leaves dead head plants etc, its yours if u want it?
Theres a bus stop not far? what do you say, might give you some strength of character and worth?
Lets bury the hatchet eh :)
karen - in your eagerness to have an unsolicited pop as usual..you assumed I was responding to exmex......
I wasn't
Swag , I think Exmex was perhaps guessing that D.A objected vehemently to GM being paid the two o/s tranches of the LTIP. It made no reference to why he was dismissed if that is the case , it merely raised a question if he was outvoted on something. No oh come on required.
.
oh come on.....salad man got the sack because they finally realised although he talked a good game there was no substance
he went walkabout for 100 days - prob a delaying tactic to avoid being found out too quickly.....maybe he was hoping for a miracle
we then had to wait until april ......for the big reveal - which was nothing...
next update was the powerpoint presentations just repeated.
the current bod - have to take the blame for his appointment and not monitoring his progress ...and getting rid of him sooner. the approval of a massive pay rise just rubbed salt in the wounds.
today's results were a result of what seems little or no progress in 2022.
I suspect yes.
Was DA out voted in a significant boardroom decision early November?
Novacyt has lost its core competency.....i dont believe they are looking for new ceo... Worrying it is......... being a sentiment driven share is dangerous but easier to read.......the contract dispute is not cut and dried....and the risk is frozen funds at %.... The european market trend is still downward.... Im not happy.... But im not invested..... I want to be... And will be...... There is nothing positive to invest in..... A new ceo is a necessity... Jm is not a ceo... His sensibility is boring whats he going to buy ... Why would a uninspiring moneyman be in charge since G. M. forced retirement..... even D. A had the dignity to walk away... From the intended path
"There is no mention of how much interest was gained whilst the cash is in bank ."
good point
Lets hope not to much of that money was spent on that dead horse Covid , the future imo is in the Pharmacy doing more Diagnostics ,you wont get to see a Doctor until your about to peg it lol , so lets hope Novacyt have spent the money trying to develop machines to Diagnose these other illnesses . Regards the board ,maybe they should all face the Gallows, its been appalling behaviour this wall of silence ,it must be something other than complete disregard for shareholders
apology lse, but this moron deserves it!
wont quit being nasty
you reap what you sew!
#untiltomorrow :)
wbafc no point in him changing nappy, as the entire carcass is full of ****!
substandard intelligence, shown by not creating own content and reusing
mine!
used to think possible TWOLL but actually not bright enough imo
so new assessment, unemployed dreamer who hasn't done a days work
wanted fast buck ,by investing a tenner and lost the lot!
so stays on here, bleating, jealous, misguided, possibly braindead
oh missed spineless as wouldnt do pistols at dawn! probably cuz never goes to bed before 3, up to see open? then back for a kip, pops to aldi, can of special brew & then hangs outside primary school just in case the lollipop lady smiles at him!
huey u r a disgrace! & thick as proverbial ****!
ttfn polar bibear :) imo dyor lol
There is no mention of how much interest was gained whilst the cash is in bank .
No mention of R&D
Previous full year trading updates have been much more lengthy and more detail . This year it was just like the CEO dictated the update last minute whilst playing golf .
Just got back from work, thought I would check in to see if there are any developments. NOT the doomsday scenario predicted by several individuals. Met expectations. The bar was set VERY low. Not getting worse is still an improvement. Even many names of times past are losing or have lost faith. Sooooo much potential in this company but virtually none of the talk on the message boards is about BOD positive actions or products. Wake up management, you barely have a pulse.
BabyHuey , its time for you to get your nappy changed now .
and for you there are adult literacy classes and psychiatrists, seriously though your bi-polar condition is getting more severe over the last few years, noticed it skimming through your various accounts posting history. could be covid related lockdown related. stay safe twolly
KT is that what the green box said omg I wasn't aware we were paying out staff for hitting targets recently:((((
B2 you've said in effect we are hiding in plain sight re takeover for a while, I'm hoping you're right they surely can't be that bad. I've currently lost all confidence in our board of Directors to successfully visit the toilet and I'm patiently waiting on them pulling back the curtain to show us their marvellous illusion.
R and d Rns anybody? You can't spend substantial sums on it and show zilch, unless of course .........and I can't finish that sentence off as it may be viewed badly.
Slice of fiduciary duty pie for tea anyone.
Buying my end.
"The doom merchant barnetpeter resurrects from grave when 'bad news ' is announced by Novacyt . Must be related to PI100 , possibly twin brother ."
They can't be as one thinks the cash burn will be £25m next year & the other thinks the money is locked up & can't be touched. Which one is correct? Neither.
BabyHuey , GPs do a routine 6-8 week old baby check to make sure developmental milestones are satisfactory . I suggest get your mum to pram you to the nearest GP Centre for an assessment .
IMO, DA left because he didn't agree with the future vision as Wakefield saw it, and Wakefield acted.
DA left having developed most of a strategy.
Wakefield thought he had served his purposes, and swiftly deposed DA, placing JM in charge, a money man which Wakefield saw as necessary with revenue so low.
Wakefield must be thinking Carry-The-Can David Allmond will take the blame for the 2022 s**t show.
I'm not sure there's a potential ceo out there. Who would want to take over at this basket case of a company ?