Member Info for BigYellowPig

Urraca…no one went short at near cash value you idiot. Just the normal stupid one liner to dismiss anyone showing a slightly negative view based on reality.

It’s not irrelevant DRB. It’s unethical. I’ll be dammed if I stay quiet over a bunch of overly paid idiots on the board who allowed the share price to lose 90 percent in a year for their own gain. The FCA will be contacted about it who will do nothing. Meanwhile, I’ll keep communicating their fraudulent activity.

As a reminder to new traders/new investors. The share price is down 90 percent in 12 months due to the BoD being in a dispute with DHSC. A dispute that could knock another £30m off the the £103 cash. The cash could already include tax rebates from the dispute and payments on the old LTIP will need to be paid from this plus IT-IS. Receivables are therefore unknown at this stage and the cash value should be take. With a pinch of salt.
The company are unable to still get CDTA approval on 9 products which we have waited over 6 months for. Promised launches of products have been massively delayed such as the home use LFT.
The company do not communicate with shareholders.
The company employed Ajan Reginald, a known fraud.
The previous ceo lied about taking retirement but now taken a non exec position in LIFE after only just leaving Novacyt.
There is an article in private eye which the company are yet to address. https://www.private-eye.co.uk/news

Am I LTH. Yes. Do I care about 3 bags from here, no I’ll still be down. The board of this company have no regard for private investors so I’ll keep calling them out.

No confidence, just a bunch of traders spiking the share by a massive 8 percent or 13p. The share price has gone down by 175p in less than a month!

Everyone getting excited about the sp at 203.5p. Put the chart on one month and that’s the real reality. Zero movement.

You were telling me to stop bringing up negatives about red flags that I warned people about. You told people that the share prices would not go below certain prices which it did.

I find that disingenuous. What reason or faith would anyone have in what you say in the future. So I say your comment today on the LTIP are wrong. It’s not a go at you Chris, it’s just the traders selfish attitude to ramp a share for their own gain and to hell with new investors or less informed. That’s what I have a problem with.

Yet you stayed quiet throughout on the dispute and didn’t warn others?

Surely the inside rule should mean that new LTIPs should not be allowed when outstanding disputes mean that bonuses become easier to come by?

Harchris…..well what about the red flag that says novacyt lose the DHSC in full and have to pay back tens of millions of pounds from cash. From what you are saying, it would be a big risk right now for new holders to buy in. There could still be £30-40m of MCAP to go down.

Harchris ….you only recently bought back in again. You don’t share anywhere near the same averages as LTHs here. You arnt a LTH, you a new investor, you are bound to think differently.

Skeletor……by the power of greyskull we stayed LTHs as trusted a bunch of what are now known to be liars. What’s the point of ever investing long term in a developing company on AIM. Maybe that £3.54 initial start price is pie in the sky. 30 percent on that is £4.61 after year one. So that’s £3 it needs to grow by just to get to the first max target. That’s £182m needed to add to the MCAP. From where?

There is absolutely no incentive to allow the share price to grow by more than 30% per year on £3.54 otherwise future years are harder to achieve. I’m assuming it’s based on each year rather than the first year. For the few suffering LTHs, this is a massive kick in the teeth. Share prices dragged down and unlikely to ever see our buy in price until after three years.

It would look suspicious if they had released news in January. We are only just in Feb now Chris. The majority of the other LTIP members have been employed for 2021 or earlier. Deliberately brought the price down.

And the incentive was to get the lowest average on 31st Dec 21. Purposely dragged the price down to make future targets easier.

Graham Mullis spiked the share and lost all the profits from false reported revenues of 277m. He ruined a lot of investors and you think that’s a good thing? NCYT lost 90% in less than 12 months. That’s not the sort of calibre I would be after in a company I’d be investing in!

9 trades, most under £100. Not sure the market is that in love with love lol

“The Only Certainty in Life is Uncertainty” JEmerson

No chance. You arnt David Burton are you?

Graham Mullis cost Graham Mullis his job. He failed to ensure the contract was water tight and ultimately failed shareholders yet was awarded £10m for this. Disgusting that he also lied about retiring and straight back in a plc executive role only months later. I hope karma bites him hard.

Graham Mullis ramped Novacyt share price to coincide with his LTIP bonus in November 2020, gaining £10m in the process. He took the sp from 30p to 12.50 and it now sits at 1.60 after losing 90 percent of it share price. This ex ceo then so called ‘retired’ after failure to bring out new products such as LFTs due to a bumbling strategy to stick with PCR type tests. He failed with the largest contract with DHSC and Novacyt are now in dispute with the UK government. He hired Ajan Reginald who was struck off as a dentist and also called himself a doctor which he apologised for.

https://www.private-eye.co.uk/news

New holders, please do your research.