Member Info for Kaeren

Good morning all , I believe there was an FT article that said H& W would get 60 % of the 1.6 billion , if anyone has it could they post please. Everything I try to look at is behind pay walls , thx. That is huge for such a tiny MCAP and blows out the water all the , will rise blah and fall blah.

They will , the economy is on the floor , they are sitting cash rich and want some surety before investing , they have it here , a minnow with a tiny MCAP and generous cut of 1.6 billion. Tic tok.

Crl123, I suggest you read his history before you comment further. His post last week calling people see you next Tuesday thankfully was deleted.

No I just research for the fun of it you idiot and have done for several years.
I'd practically guarantee you aren't though. I have just pointed out to you AGAIN that what you have just posted Is B/S and you try and deflect that by asking if I'm invested. You are a joker but not a funny one.

P100 , you jump on any bandwagon if you hear a negative comment and take it to the extreme. Minimal research into Westbridge Capital would enlighten you. They state quite clearly and have done for years, that THEY DO NOT INVEST IN BIOTECHS.
Enclosed below one example.
https://mergr.com/westbridge-capital-acquires-smart-capital-technology

It would be foolish ( imo ) not to avail of the opportunity to inform him of what is in the pipeline.

Thanks KT , that's the sort of inf that is positive to hear.
The potential to pick up a few contracts .

Only have small holding here , tiny MCAP . This contract will potentially be worth many multiples of current MCAP. Well done to all who hold , nice to see some super positive news for a change! Brilliant

The first step in resolving an issue is recognising that there is an issue.
Does the hasty departure of D.A mean that it was decided there is an issue and he was it ?
If that is the case , then next we have to find the solution. With a ' temporary ' CEO in situ, we have not been given any solution.
Is he temporary or will he sit there for an extended period whilst a new Ceo is found. Are they even looking for a new CEO ? Or has Wakefield got exactly who he wants in place right now ? I don't know the answer but I have my suspicions. My issue is , I don't know why.
Thoughts anyone ?

For those not on twitter , this is the sort of thing Novacyt should tweet about imo , an unexpected opportunity , but alas nada.
https://twitter.com/KaerenH/status/1592170248861618176?s=20&t=arAv8tXCnOeu9kyH7EiI9A

All over the country , are Novacyt being proactive as they have the full gamut of assays to test for this , or will it be another missed opportunity?

https://twitter.com/UKHSA_WestMids/status/1592208237322985472?s=20&t=arAv8tXCnOeu9kyH7EiI9A

If we are buying a company and pay for it , the company are in receipt of the cash and what potentially happens a year / two years down the line is irrelevant imo. The acquired company don't care , they cease to exist. Unless I'm missing something very fundamental.

Johnny I don't disagree with you , it should most definitely have happened by now and if it had , the SP would not be languishing at this pathetic level. We were all told M&A was on the cards and indeed more recently they had whittled down the targets.
I have spoken to the company , I'm not happy , I specifically asked about ringfencing money , I asked about M.A , anyone is free to call. I believe it is their top priority and that is what I was told. They are rapidly running out of excuses , if JM is clear it must happen and fails to implement then I won't be sitting here indefinitely. If the company are being honest about M&A then why didn't D.A proceed , either too afraid to take the plunge or it's B/S

The money is Novacyt's to spend as they desire, unless proven in a court of law otherwise. The money is NOT RINGFENCED..
The biggest shorterm catalyst here will be M&A.
Harchris is correct the cash pile is a huge benefit and once M&A is announced and a revenue stream is evident it will allay fears that are being spread that Novacyt don't have a strong case.
Once we see a good revenue stream, as far as I'm concerned the court case can take as long as it wants, as each passing month dissipates the impact of the outcome.
Perhaps , the wording from the chairman that D.A " helped " is a large clue as to why he is not in situ still. A CEO should not be "helping " he should be driving the business forwards.
No excuse , but perhaps with regards to M&A this will prove to be beneficial , acquisitions are NOT becoming more expensive in this economic climate , there will be many companies with great products but are on their knees because they are strapped for cash.
I would imagine ( :) ) that regardless of who becomes CEO that J.M will have been told M&A is top priority.
Regardless of what your opinion is of GM , I'd guarantee he would have had some M&A competed by now. Watch this space , because they must know it is crucial for longevity to compliment R&D . Another reason why perhaps D.A is no longer with us , didn't want to pull the trigger ??
That is the big news I am waiting for and I am confident it will happen.

I suspect they did expect a drop in the share price and hence pushing out a crap tweet.
The information I have been waiting for regarding the 40 new Clonit assays is if they are compatible with our instruments. If they aren't , then what have the sales staff been flying round the world training distributors for.
Why aren't we being told ? Did the new RUO catalogue require training ? No proper explanation about that either ....

Fali41 , immediate effect as stated in RNS , to pursue other business interests. About as honest as GM retiring.
D.A ' s tenure lasted a little over a year. Be it under 70p that was the catalyst for his demise, I have no idea , but it would appear that after one year he hasn't met certain goals set for him ? The board aren't happy with him ? The staff ? The shareholders ? Whatever , probably a combination of all , marching orders issued.

Disagree strongly Crl , if he suddenly announced his resignation this week to the company then he would be working a notice period whilst a new CEO was found. Or at least until they formulated a plan , this is instant out the door.

WBAFC , the only thing that is clear to me is that D.A was pushed. Ceos if they resign normally have to work a lengthy notice period to ensure continuity of business whilst a replacement is found. So if pushed then the search for a new CEO started when that decision was made. I thought D.A was a puppet of Wakefields choosing , so now what will the puppet master do ? What is Wakefields plan? I am in no doubt he has one.

I don't give a flying fig what one pi does or doesn't buy , nor what they claim to buy or sell. Bored hearing about it and unless working in a group to try and manipulate price , nobody knows what anyone is doing. Load of bs.

Not random SirD , he's ticked things occasionally for months.
Good weekend all .