RE: Novacyt response to my email LOL14 Jan 2022 11:51
I agree, there is simply no way that the next AGM won’t go through smoothly whilst we have the majority holding private investors. Plus the next AGM feels like an eternity away.
Perhaps that’s why they are not interested in institutions/funds getting onboard and holding 3%+ as they will find it harder to pass resolutions. Also large holders like institutions and funds have direct access to the board, they can interfere, ask awkward questions and put pressure on the board to create shareholder value.
So, we can all pretend we have power as part owners of the business but the truth is, we don’t. Hence why we moan on here and on twitter as that’s our only ammunition.
The only way the board will ever listen is to directly disrupt their business. That means protesting outside their offices but there will never be any appetite for that. Most will accept the loss.