Member Info for bakky

big sell, can't see one?

pacman, it looks like a buy to me! Whilst the NHS stuff might not be anything special financially, it will still spook the day trippers/others into selling. They might be waiting for some good news to offset anything untoward from testing.
The NCYT work is still not material so no need for rns I suppose.

there are just too many rainbow chasers nowadays. This makes a sp very volatile as we now see. Not many 'invest' for the long term and just pop in and out. usually at a loss. I hope the NHS haven't done 'Dyson' on us and we are surplus to requirements now. They have plenty of capacity for testing now, might not need us after all.

we were warned when TH got the job, that he is a decent chap but a ceo he most certainly IS NOT! However, it's also noted that it's said he is only the frontman and just carries out instruction from the leading shareholders. So basically he has no clout at all it seems.
Perhaps that is one of the reasons he has very very little skin in the game. Just picks up his inflated salary and loads up on options, and does as he's told.
As you say, is he the best person to be steering this ship? NO imo!

yes, just shows how flakey some short termers are. A monkey is supposedly immunised and they sell their shares..lol. Ask these people what they think of the new nipt test and they all say, doh! what's that?
These uni's and any other place with a test tube always come on claiming they have the next best thing,..it is only to get funding, they have usually got feck all, as has been proven time after time, they need wages so pump/ramp up their claims.
I do also believe that the old Elucigene director is selling down . Not sure how many he had but it can't go on forever.

pacman,
Either way I think we can conclude that it is these shares that are hitting the market. Every day has been similar in that every trade hitting or close to the ask price was immediately followed by a sale trade that was close to the bid.
Any time that it looked like it was going up was in the main brought back down again.
Just hoping that it's sooner rather than later that it stops.

we backed the wrong horse and jockey it seems. Since TH was announced as new ceo MMX sp has fallen around 27% . Cnic sp has in the same period risen some 85% .
Why would new high power and paid employees be needed for a larger outfit? They would be soon gone, as would most others with any sale of the company.
Not sure what the best way forward is, but it certainly isn't any more of what we've had over the last few years.

the actual buyout rns was completed on the 25th April. So not sure if the shares have only just been unlocked and today is the first day to trade? If that's the case we could be in for a lot more selling yet, or could they have already been forward sold.Not sure that is allowed though, but this is the AIM casino where anything goes.
Yes, Pacman, agree with your summary, pity we couldn't get back near 18.75p though.

that's why I am glad there has not been a rns as yet. It would have had little impact and just sold into even more. Just got to hope they stop fairly soon. I really can't see them selling all their holdings at this point. I am surprised they are selling any tbh, with the news to come.

Chairman's words; coming for MMX maybe? Can they afford us?

'We continue to see lots of interesting bolt-on M&A opportunities. We have chosen to defer the payment of our maiden dividend to preserve capital to make tactical acquisitions'.

should be 'Chiefs' not Indians! though probably too many of those too.

do we need so many employees for a start? Certainly seems to be too many Indians for me, and the sales dept/set up is not good enough by a mile imo.

yes SB, well said! So why the negativity with this company, what should be changed to get more interest in MMX? What more can management do? It just seems as flat as a fart here ! Radio silence until Sept no doubt as TH et al bank another $30k+ salary cheque in a couple of days.

Hemo, as your break even is 13p then you are not doing too badly atm. Nice 45% profit so far, with the good news to come. Better than your local Halifax!

yes, and just look who the top two players are. Just happen to be our partners, very nice indeed! Market must be pushing near to $5b now. Be good to get even 1 or 2% of that market, who knows maybe even more?

jeeez! You're winding me up here.lol. They had a trading update a few days ago.

Simon I take it you are very new to this game ? lol

I didn't know that Competitor Nipt products were only 80% accurate as opposed to Ygen's at 99%. Quite a big difference there!

I can't see too many getting excited about sharing a few million dollars over 900m shares can you? Perhaps management can take a pay cut to help matters!

With rgds to value per domain.I seem to remember years ago someone reckoning that $170 per domain was nearer the mark. Surely I must have that wrong? I suppose back then when this was all new the expectations/valuations were somewhat shall we say, 'cloud cuckoo land'! Also, back in the day there was even talk on here about £1 a share or was it a 'billion dollar' business? Oh! 'those were the days my friend' as Mary once said. Now we will struggle to be worth 10p a share!!