Member Info for HighFin1

Nothing to dump as they dont own any shares.

Let's see if the results are finally enough for Lyn Rees to buy shares in the company.

How on earth could Primerdesign revenue decline from £4,2 to £3,7 mil?? There was a g damn Mpox epidemic and record flu season!

Thank god revenue is growing (at a pace that is still not enough) and cash remains relatively high.

The market that Novacyt (Yourgene) is operating (diagnostics and sequencing) is alive and growing, no doubt about that.

The only thing i'm verry worried about is that current management is not competent enough to keep Novacyt (Yourgene) without 2 or more £20M placings.

And even then you can doubt if that £30/40 million is enough for them.

If you look at the past 2.5 years, their only "achievement" is the VAT refund of £7 million (which Novacyt was entitled to anyway, and which was burned within 4 months) and a reduction in the monthly loss from £1,5 to 1 million.

Lets put some pressure on the Novacyt mangement.

For the shareholders, write an email to: novacyt@walbrookpr.com

Make sure that their loose promises and disregard for the shareholders is not going unnoticed

what the f ucking are these incompetent regards actually doing all day

if they won't come with a significant positive update at the end of january than this bag of **** is doomed

Today I got a reply back from Novacyt IR asking about shareholdings of management.

There are only 2 shareholders in the BoD, CFO Gibson (9,116 shares) and non. exec. director Jean-Pierre Crinelli (33,981 shares).

So out of 7 BoD members only 2 own a miniscule amount of shares (probably not even bought themselves).

All of this while Rees is already in place for almost 3 years now, first blaming the "closed period" for not owning shares and "looking forward to being in an open period". And 4 months ago saying "I will be investing in Novacyt".

So Rees, when will you finally invest in "your" business? Or do you wait before the money runs dry, thinking: I already f-ed up one company maybe I could do it again??

If the Novacyt board would be confident they will gain a contract from this then they would have purchased shares already.

They did not. So I don't think we can expect much from this.

Why would anyone close their short positions.

If i would have had the opportunity to short i would immediately sell my shares and short this garbage bin too.

The 3 monthly liquidity/TVR updates in a row display the lack of newsflow!

I doubt Novacyt will still be around the 31th of december 2026.

I dont even think they will communicate to the market when they go into liquidation

Okay lets sum it up

You have Lyn Rees being CEO of Yourgene for a couple of years, managing to bankrupt the company just 2,5 years after the huge Covid profits.

Then you have Novacyt, making £120 million in profits in just 1 year. Afterwards having a cash position of £102 million in 2021.

Cash position end of June 2023 £82 million.

3 July 2023: Novacyt "takes over" Yourgene (a.k.a. the reverse takeover) and the new CEO Rees get's installed.

Fast forward december 30 2025: cash position of under £20 million and a share price at a post covid all time low.

So somehow between June 2023 and december 2025 £62.000.000,00 disappeared into thin air. Yes there was a takeover and fines to be paid and restructuring costs. The money is gone.

And despite the great words like "we are going to increase revenue double digit" and "we are streets ahead with our big cash position which we nourish".. Revenue is stagnant and cash burn still closer to £1.000.000 than to 0.

To me that is criminal

What the hell is wrong with this crap all of a sudden

Not with current management.

The crashing SP is well deserved. No vision, no revenue increase, bad management.

Perfect recipe for disaster

Hopefully Lyncompetent Rees puts his takeover plans on a big shelve.

He won't be that stupid to take over another company when the market cap is at an all time low, right?

Right?????

Yes merry Christmas Mullis, i hope you choke on a piece of turkey.

@Hemo yes, wasting money on useless exhibitions.

Useless is an understatement..

Spending 50 million gbp in 3 years without any achievement is criminal. And no Lyn (if you are reading this) lowering the loss from 1,5 million/month to 1 million a month is NOT an achievement.

Special thanks to Lyn Rees for this Christmas present.

Major achievement!

I'ts almost there, a post covid All Time Low!!

I'd like to thank the Yourgene management board for squandering £50 million gbp from Novacyt's cash pile.

I'd especially like to thank Lyn Rees for personally buying shares with his own money all the way down to support the market and show that he is willing to sacrifice everything for "his" company (.........), Graham Mullis ofcourse for leaving behind such an healthy profit making company, for which he was rewarded a hefty £10 million + bonus. I'd like to thank all the Novacyt employees for helping to spend the huge (£120million) cash pile. We did it, in just 4 years!!!

Thanks!!