Member Info for Bluelight

I doubt it Urraca, I dont think there are many people left to sell anymore, not that have any interest in selling that is. I suspect it was just controlled by a market maker for one reason of another. Doesn't really matter anymore now though, the price is so divorced from fundamentals that a gain or loss means nothing ay by day. When the trend reverses we will see a big up move, but for now its just a case of meh, its another NCYT day

Taking their eye off the ball could be NCYT's motto. Worst run 'market leading company' I have ever had the misfortune to come across. That said, dirt cheap share price which at this share price is basically buying cash. The fact the company has to rely on the share price hitting cash levels before it stops falling tells you all you need to know about the management. But don't forget to vote yes to giving them their bonus incentives folks, after all they are working incredibly hard to destroy our investments.

You can usually tell from the commentary on boards like this when the price is going to change direction. We've had the doom and gloom (myself included), now the underlying commentary appears to be when is this going to go up again, its massively undervalued. We are all waiting on a trigger to either top up or enter for a quick trade. Once the momentum starts thats when it spikes

Good question Gazman. My only answer is that it is mainly the brokers job to get that information flow going and the II's attracted. They are obviously failing to do so for whatever reason, be that the fact they are crap, or that NCYT can't sell themselves to them. But as we are basically at cash now its no risk to II's really. they're probably just waiting for the tide to turn

No offence jcb but the sooner you guys and girls who want to crystalise losses are sold up, the sooner this can recover for the rest of us. Could I kindly suggest that those that wish to sell up do it now please, get it over with

For those that have held from 1200 odd earlier this year, a 10% move at this price is equivalent to a couple of percent of their investment, its nothing. Why would anyone care what the price is right now, up our down 10-20% is utterly meaningless to may of us now.

Of course you are brochrock, of course you are....

Thats the crooks of it all. We are profitable, sat with near enough 100m in cash plus have debts and tax rebates to come in, and all the time making more money each day. yes its a truely horrendously run company with regards to mcap creation, but fundamentally its masisve value. For me its a sit and wait, how much lower can it go, at this point if they shut up shop and liquidated assets returned the money to shareholders, we'd probably get more money back than the share price

No point selling here as its valued near enough at cash plus inventory. You are just giving your money away. Hold, tuck it away and remove it from the watchlist for now I think

Don't blame you brookr. I've taken the view that I've just written off all my investment now, so it can just sit there. If it recovers then great if not so be it.

We've been patient for 9 months and look what that has brought us. **** show of a share

Top post Poidster, echos the sentiment of many here

Lol I doubt '2 weeks of carnage', 2 weeks of ambivalence for sure, but we've had months of that already so what's a few more weeks of it...

Most investors have lost the will to live with it, and have mostly taken the sod it view now, just leave your investment in until the company sorts itself out. Never been invested in a company where virtually all investors are so hacked off they have no interest in supporting the board. Let's see how they win our support back, because as it stands the board has lost all power

They need votes though for it to go ahead. Didn't I read they only got 1% votes today when they needed 25%? Can't imagine they are going to get anywhere near 20% unless they come out with something mindblowing in the next 2 weeks...

If he doesn't then its going to be the exact same result. Investors arent idiots. Change the resolutions, provide us some positive thing to get behind the company on, or they need to get ready for another humbling.

I guess the difference betwween YGEN investors and NCYT's is that YGEN's havent lost 80% of their value this year... I'd be a little less militant if my company hadn't run my investment into the ground too ;)

@sir_digby, I also think they used covid as an excuse to try tohold a closed agm, knowing full well that investor sentiment is heavily against them. I actually thought that pretty cowardly from them. Well, it didn't work for them, so lets see what improvements they bring to the table now

Yep TKR, nothing more motivating for a board to do some actual work, when they are at risk of losing their income and having their wives and husbands nagging them where the money to pay the bills is going to come from.

No better result for me than todays non vote. if we'd just voted everything through it would have meant the same people and the same problems. Now they have to take action, I'm incredibly happy this morning.