The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
So, what you mean twix is that even if there was a higher offer it would be tabled to the shareholders?
We should all support Andrew regardless. It won't affect anything as it's at a personal level I believe. Just what he deserves imo.
I rather think you're right davand!
There is an improved offer out there so long as we are keen to do it, but I suspect Lyn may be going through the motions or even secretly sour it rather than aggressively pursue and secure. Trust has been lost!
If no alternative bidder arrives we should ALL support Andrew Kennedy's deserved action.
Not a chance Rees is looking. He's got the deal he wants, end of. Should be locked up imo.
Do you believe LR can be trusted to really push Ranger? I would love to know how hard they are working to secure another bidder rather than present Novacyt as the only game in town before LR moves on to his new role there.
Ranger is the main reason i believe we should get a higher offer. Let's see if there are any companies who sees values and willing to give us a higher offer.
At least it has been verified by independent others like Labcorp and LaVal uni. Couldn't otherwise believe a word if coming from Rees alone.
If what we are led to believe is true with Ranger then yes, it could well be valuable.
ncyt is a complete ****e show. been going for years and never made a penny until covid. what with a pending court case next year. one to keep clear of for now.
If Ranger and EDTA usability is value to the users then i see better valuation that's being offer mate.
But like of us we are in the wait and watch game at the moment. Let's see how things play out in next 2-3 week before the court meeting. Also, Ncyt core biz revenue are dwindling so for them Yourgene will bring revenue, customer and will open doors in many regions.
Don't think anyone is going to pay nearly double.
Decades??
Minimum 1p is what we should get though my break-even is 5.5p.
LR is the worst CEO and will be remember for decades how he lied to the SH and destroyed their investments.
Don't think any of the big players will be interested. The only piece they would want is the super duper disruptive Ranger technology. Lol
So am I optimistic guy.
I feel it's more likely than not - certainly should be!
I'm still hopeful that we will get another offer before the court meeting.
Ncyt are as big or bigger basket case than Ygen!! Won't touch Ncyt until we know the outcome of the govt dispute. Latest results there were shocking imo! Without the covid cash they would already be toast..
I have offloaded 65% of my holdings and for the remaining holding have voted yes.
For those continuing the journey under Novacyt, I look forward to seeing YGEN potential being realised there (hopefully).
Otherwise, all the best everyone. It's been a big and expensive learning experience with this one!
Sure, 10% alone would be, but we just need a bidder at a minimum - to push Novacyt to increase offer imv. I'd hope for pushing to 0.75/1p aimho
10% would be a waste of time frankly.
What makes you think that given the court and general meetings are 3 weeks away?!! Any later and it would be too late…
I certainly think it's possible and should actually be probable so in theory over 50% chance but one thing I have learnt is their ability to ultimately disappoint is near alarming! currently I'm slightly optimistic we can secure a bid 10% higher in spite of our track record.
We have a new countdown clock ticking!!!
Do you think likely Twix? I just can’t see it happening now.
I would assume any interested bidders would make their offer within next 3 weeks.
Let's PRAY we are in active discussions and due diligence is currently being done - by numerous parties!!
Can anyone remind me of the ye 24 forecast revenue.