Member Info for L1onheart

Hi Stas - I meant re the ‘legal’ routes that you suggested please.

Such as what Stas?

Digging a bit deeper into who may have the size of holding whereby they can put consistent pressure on the sp, one other theory comes to mind that isn't so much about selling. According to YGEN's website, which admittedly is only taken from April 2022, the list of major investors accounting for nearly 40% of the company are Bill with 11.1% (or c.80m shares), BGF with 9.1% (c.66m), Steven Myers with 7.6% (c.55m), Life Technologies [aka Thermo Fisher] with 5.7% (41m) and TB Amati with 5.2% (.c38m). The Bod, apart from Bill, hold a further c.30m or 4.2%. But the interesting thing is how many shares have options or exercisable warrants that are way out of the money - Bill has options over 1.1m at up to 10.25p and Life Tech warrants over 20m at 24.6p, 17m at 11.7p and 17m at 11.8p and the former owners of Coastal Genomics have 20m shares exchangeable into ordinary YGEN ones at around 14.5p - a total of all the above is around a further 75m shares that are way out of the money.
My point is, could the drop in sp be due to a huge renegotiation of the terms of exercising these various options/warrants to appease these large investors?

Stas20 - which brings us full circle to a similar situation/discussion of the YGEN sp about a week/10 days ago - who can be the seller in this kind of consistent size and manner?????? I know a poster said they spoke to Bill Chang who said he hadn't sold any but I can't see anyone else with the size of holding capable of doing so. Perhaps it was semantics in that 'he' has not sold any personally but 'Changsform Innovations', the company into which he transferred his entire holdings in May 2021.
If not Bill, any ideas who could be such a determined seller in size and, if it is Bill, then why??

Hope you're right Rudolph!!
Mind you, I feel well invested with 750k shares at my average but that's pretty minor compared with Mcoption and Twix with their holdings and averages. However, for all concerned, big or small, this MCAP of a paltry £15m now is nowhere near a true reflection of the current or future value of YGEN, with or without Lyn Rees. Patience mes amis! GLA

All I know Twix, is that between us all, there is a very substantial amount invested that is 8p+ per share out of the money so I just pray to god that they don't try to take the company private at these levels as that's tantamount to fraud imho. GLA

For the list:

L1onheart - overall 9.81p (higher at 10.76 on ISA and lower at 9.69 on Main a/c)

Stas - I get your idea that his recent buy is bull but look at the Director deals over last few years - ALL Buys apart from BH which was by necessity. The BoD have bought shares all the way down from 17p and some like Hayden Jeffreys are nursing a significant loss so I don’t think it’s as clear cut as you suggest. What I think we can agree on is that there is no way that YGEN’s current MCAP bears even the slightest resemblance to its actual worth. If the BoD are playing the AIM game of no culpability and a cheap buyout, then it’s time to stop investing in any AIM share as this is happening too often with no repercussions for the directors.

Totally hear the distress out there but, if it’s as bad as suggested, why did LR invest £71,000 in May at 7.1p, roughly 3x current Sp? Hayden also invested c.£25k in March - these are not insignificant investments in the stock. I am not a LR acolyte but I can’t buy into YGEN being a dead duck. GLA

It’s a positive indicator for the future - it’s when they sell that you need to worry!!!

All the trades at and around 3.33p are buys incidentally, not sells as reported on LSE including my 150k. Last top up for a while but can't resist at this level.

Over 1% of the company traded which can hardly be described as a quite day for this stock - over 7m shares bought/sold in large chunks of 250k - 1.5m and yet no sp movement either way all day yesterday and again no movement today. I just topped up total of 200k and had no problem getting each 100k at same price so liquidity is not the issue - if there is indeed a large seller in the background, a) who can that be (literally only about 2 or 3 options) and b) why (given that a MCAP of £19m is, by any standards, massively undervaluing YGEN even if you have NO faith in LR!). Thoughts?

Perhaps OS but the BoD do have skin in the game at much higher levels than current sp

The Hearing should just have started (10:00h in Delaware) so later today/tomorrow we should see if it’s off to a full trial I think. Fingers crossed that we begin moving forward. GLA

Nice to see the sp recovering a little today - maybe Ian McD averaging down! GLA

I too am very hopeful of a successful outcome to the case(s) and am a LTH as you know but, just a small note of caution. Before people ‘fill their boots’ please do so with some restraint because even the cases with the very best likelihood of success have failed before. As a poster said yesterday, if it goes before a jury as planned, the jurors may struggle to understand the nuances of the IP etc. The Law can sometimes be an ass so, I’m just suggesting we half fill our boots! I speak as a previous holder of Oxus Gold and we had litigation funding and a super strong case but it failed in the International Arbitration Court and the verdict was announced on Christmas Eve. I was not good company for my family over that festive period because I over invested on just such a wave of emotion as we see here so please, invest with caution - after all, a small investment will return great rewards if successful but greed via a large investment will crush you if it fails. Personal experience and still a raw memory! The very best of luck to all

Strip out the Bed & ISA and it was in fact a very small trading day so although the news is encouraging, it won’t become reality for ages as usual. Fingers crossed that the Trading Update gives encouragement for LTH’s as the underperformance for a ‘world leading’ manufacturer is staggeringly bad.

*buys not guys!!

Good luck shareguard - I think they’re all guys today and that 80k at 4.28p so MM’s playing silly buggers or have a reasonable seller. Mind you, selling down here must be a mistake!

Apologies to all parties if I’ve inadvertently reignited the debate between you all which I was attempting to cool down!
In the end, individually, we are the only ones who know what we have or have not done and if we are up or down profit wise.
I feel that much angst among investors/posters comes directly from the unreliability of management in AIM shares. So often these are not investable stocks on fundamentals which is how I perceived them in my naivety when first joining LSE. I was a Market Maker in the old days when we HAD to deal in the size we up in whether we wanted to it not. We were therefore often Short & Caught or Long & Wrong because a particular large investor had decided to buy or sell in size and we had to keep going until they stopped. But, the crucial difference then was, as a result, we had to move the sp accordingly and the market sp was far more accurate as a result. I traded Leaders so Oil Majors, Food Majors, etc which were far better regulated. When it started, we all said AIM stood for All Investors Manipulated and nothings changed. The two keys misleads (or lies if you prefer!) on AIM are ‘we are fully financed’ followed by a nightmare Placing and ‘this one won’t be a Duster!’ Which is more often wrong than right!!
If we have been misled by Lyn and team, I will be truly disenchanted as I believe the tech is superb (I first invested when we were Premaitha and NIPT seemed so excellent for young mothers. Since then, we’ve gone from strength to strength in so many areas and yet…. Inexplicable sp to me so perhaps this will be the genuine rare multibagger we all look for on AIM - no other reason in the world to trust the management vipers one finds throughout the whole AIM Market.
Good luck to you all and blame management not each other!!