RE: Sending swabs abroad14 Sep 2020 14:13
yes, I too am expecting at least one 'sweetener' rns just prior to the AGM. Interesting post on adv from Ngen on how valuations in the US are far greater than in the UK. Hopefully LR has his eyes on the US listing for Ygen.
''So, Fulgent Genetics (US company and listed there) just came on CNBC to talk about the covid PCR test, having just signed deals with NYC and another to help back to school testing. Sounds similar to our offering, and in fact the company is similar. Checked them out on their website. 2019 FY sales $32m, GP circa 35% and marginal loss. They have a market cap of, guess what, $684m!!!
My question to Mr Rees: what is his strategy to get Yourgene more liquid (ie average trading volume more reflective of shares in issue) and our share price to better reflect our progress?''