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Jam: why announce on the Monday?. Is there anyone else interested if so who??
Kick in the spuds given the growth in Revs and Ranger yet to show its potential
Kill orders normally take longer
MMs will load up first. Might not get a chance at a discounted price?
Anyone got L2 looks .40+ 🤨
Bill Chang is INEX he's been gifted his own lab and will run that through to success. Hence all the upfront costs. This has all been well orchestrated!
Well that's all folks!
Yourgene Health plc
to be effected by means of a Scheme of Arrangement
under Part 26 of the Companies Act 2006
Summary
· The boards of directors of Novacyt and Yourgene are pleased to announce that they have reached agreement on the terms and conditions of a recommended cash offer to be made by Novacyt UK, a wholly-owned subsidiary of Novacyt, for the entire issued and to be issued share capital of Yourgene (the "Acquisition").
· Under the terms of the Acquisition, each Yourgene Shareholder will be entitled to receive:
0.522 pence in cash per Yourgene Share
Few people called it!
Cant see it given they have run down a perfectly good business unintentionally to the point of failure.
BGF wouldn't back them unless they felt they had potential to recover their full investment
The silence is confusing. Surely a few credible Multiple choice options are all better than continued decline
A. Shout from the roof tops Whats new and coming soon (not more jam tomorrow)
B. Nothing to report just now but........
C. Build up and out from a point of consolidation and outline the recovery plan (BOD remove LR)
D. Trading update or financial plan on a page (how me intend to move forward keeping the lights on)
E. BOD statement on how YGEN has lost 99% of its value (analysis of how this domino car crash evolved)?
Any of the above would be better than looking like this is being done either intentionally or without consequence?
INEX approval was reported as taking 8 -12 weeks so what can we expect between now and then?..........Sweet FA shouts a heckler from the crowd.
Market dont trust the BOD or believe there is a viable business plan or this would be heading up not down IMO
Already stated due to market conditions on the world of qualify CFOs we will have to wait???🧐 what for what and how long???
Dont suppose they will want to face done questions from an investors presentation this time lol 😳
Manchester, UK - 11 July 2022: Yourgene (AIM: YGEN), a leading international molecular diagnostics group, announces that its audited final results for the year ended 31 March 2022 will be issued on Wednesday 27 July 2022.
Investor briefing
Lyn Rees, Chief Executive Officer and Barry Hextall, Chief Financial Officer, will provide a live presentation relating to the Company's final results for the year ended 31 March 2022 via the Investor Meet Company platform on Wednesday 27 July 2022 at 4:30pm BST.
Wont be a western own business then and better routes to market with potential Taiwanese Gov contracts no doubt??
Great point!
If they were accumulating then they would have crossed the threshold for TR1 which would mean the dead cat was out of the bag 🤣
They are sat on commercial news and have mentioned contract wins later in H2. This will all come together around Sep I suggest
Cant risk going into the end of year accounts and AGM without something to secure their overweight salaries
The look and feel is similar and the big hype
Was the website a hidden message to LTH???
As at 31 March 2023, the Company had cash of £2.8m. As announced on 17 March 2023, Peter Charles was appointed as Interim Chief Financial Officer.
Big play on aligning the website to have the same look and feel as Ambry but no mention of YGEN as a partner or provider? 🧐
Where are we with Ambry?
https://www.ambrygen.com