The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Cant see the market buying it!
LR Credibility has deflated more than the MCap
NIPT contract news won't be enough. MHC partnership is an casing point
CEO resignation might be the only catalyst from here?
Divestment update Jul/Aug
Final results (delayed) Jul/Aug
Divest finalised Sep
CFO appointed Sep
AGM Sep
CEO appointed Oct 😀
BOD might well have over played there ability to drag this out of harms way!
Needs something tangible soon!
Lets hope he is on borrowed time and the reference in the last RNS was him trying to keep the back door closed once the deal is done!!!
"We look forward to developing a lasting relationship with INEX as they act as our exclusive laboratory partner and service provider across Asia".
Clearly a lack of confidence in YGEN BOD given the recent news on Taiwan
Lyn Rees needs to do the right thing but unless iis close in on him this will continue to drift and he will continue to take a wage.
Sat on news hoping when it suits him he can make it all right again.
He could at least hold an investors presentation and answer concern from LTH
Hiding away is a true indication of his leadership style!
He and BC are close enough to get Taiwan sold. Who knows how close thereafter with BC sat on a 2.2 average???
Think if LR was voted down at the AGM the market would respond favourably.
AL is no doubt watching his every move
Time will tell
All looks to be heading towards September as a positive news flow period???
Divestment of Taiwan Lab
Delayed audited accounts
Delayed NIPT contract wins
AGM that if all of the above are in place LR might feel all is forgiven on the road to Damascus (recovery) 🤣
Long way to go and "Money is too tight to mention"
Try not to sing.
Natdan
My thoughts are:
1. Overdone walk down based on any news the BOD release will be driven down if not material
2. Taiwan divestment has been strategically planned H1 along with the BOD heavy buying during the raise.
3. YGEN is growing and should not be priced down here but FUD and radio silence play into AIM syndicate manipulation
4. NIPT Contract news pending later in H2
5. APAC sales up with Ranger starting to gain traction
6. Bad news narrative will change and with that the SP
Think this will start to move up from here!
Amigo had a good day too!
Andrew Leeser workforce evaluation?
Out with the old and in with the new? 🤷🏼♂️
Bought 🙄
They would take my holding in 1 earlier so bout a few more at .0021. Let's hope
TR1 Spreadex.
COA1. Rebuilding expecting positive news?
COA2. Start selling off again taking SP lower?
Crossed threshold again
Will soon know if there are big sells again dragging it hi teens as suggested by a few keen to talk the price down. Then at .0017-18 big buys back over 45m+
Its all an over engineered walk down! Making the technicals meet the narrative before it flips?
45m dumped in a oner yet a dummy sale won't take 300k
Someone expecting this to go lower or trying to make this go lower?
Buy the fear - sell the hype!
Not that my opinion matters but there is a business here and it has refinanced, restructured and been forced down by its weak position. The more this is compressed ahead of news the more MMs stand to gain.
Lots of potential but the market has seen through Lyn Rees
Getting Taiwan sold is his stay of execution. Fail and so does He!