Member Info for Natdan

“ So it’s all about re-engaging with the culture that COVID tried to destroy; collaboration between functions and ALWAYS STRIVING TO IMPROVE COMMUNICATION.” (my emphasis).
-the sheer lack of self-awareness from LR is staggering, the arrogance extends to excluding that very same communication to shareholders unless compelled to do so by regulatory requirements.
Those familiar with the latest location of Ygen’s HQ will be aware that it is in very close proximity to Manchester’s primary hospital. It may be only a shortage of beds which is stopping Ygen from taking up a position in the Intensive Care Unit, where it should be hooked up to an intravenous drip of cash…and more cash. Who will treat this addiction?

I agree Davand. A potentially significant downside to our monstrous dilution is that any company doing business directly with Ygen will look a little closer at our solvency levels, perhaps seeking guarantees that product bought or tie-ups made would and could be delivered.
Frankly I am surprised one of the many large diagnostic companies hasn’t purchased the rump of the company for what would amount to loose change, at the same time jettisoning LR,BH et al.
Is Ranger all its cracked up to be, or could it one day hit the patent litigation buffers and send us spinning back to Groundhog Day?

Much egg on face yesterday as a result of frenzied speculation created by a throwaway comment on Twitter, followed by an equally precipitous fall post-disappointment. From what I could see only one poster called it right on the other forum.
It is indicative of how desperate us LTHs have become as we seek to retrieve any residual value from the dying embers amongst the wreckage created by the skilful hands of our beloved leader LR, ably assisted by his assistant BH and his faulty abacus.
The magician Daniels would have been proud to have recruited LR as his apprentice, there being a canny skill in magicking away value before our very eyes. “Now you see it, now you don’t.”
We continue to live in hope…

It seems the 100,000 seller of former days has morphed into the regular million share seller.
And still no news. Surely they can’t all be busy reducing ‘the cost base’?

Part of the problem here is the market will have little or no visibility yet in terms of how the new slug of money entrusted to LR and his numerate money counter BH is actually being spent.
How much will be directed to the frontline to get any rumoured lucrative deals over the line, and how much on the potentially ‘bottomless pit’ of addressing the cost base?
Going off their very recent antics in very nearly crashing the company, the return of any level of confidence is not guaranteed with our enigmatic duo.

“ my theory is they expected something to drop...”
For once I agree with Buffett of the airwaves. The only noticeable thing which dropped was the SP, along with the legend that is Twix’s predictions of endless buying opps from 16p right down to the current, a smidgeon above zero. Nostradamus he ain’t!

Trading in this share appears to have resumed its semi-comatose status following LR and BH’s not so subtle contribution to the genetic engineering of the mkt cap and SP. All the basic characteristics are retained, such as seductive suggestions of revenues and riches to come, contracts as yet unsecured and/or unsigned, followed by radio silence and ever more dire trading volumes.
At least we LTHs can confidently claim this share has fully transitioned, and without any assistance from Stonewall.

Wychhelm, welcome. Have you really waited 12 years to post your first comment?
And is there any relevance to your observation which we longer term holders should take note of?

Come on Buffett surely you know the answer to your own rhetorical question? It looked good prior to the disaster ‘cos you repeatedly told us so, with the endless “buying opps” you took advantage of, from 16p all the way down to base level. Strange, but you’re not singing anymore.

The difficulty in removing the two incumbents deemed most responsible for the near-destruction of this company in terms of shareholder value is in all likelihood due to a combination of company and employment law.
Proving misconduct or negligence or even incompetence is not likely to be a walk in the park, especially where lawyers get involved and seek to challenge company decisions.
The company might be reluctant to pursue this line because of potential costs involved, especially so soon after the recent money-raise.
What is most perplexing from my perspective is the total silence from the chairman. Is he satisfied with the approx 83% dilution of the SP announced virtually on the eve of Christmas?
Does shareholder value and performance count for nothing these days for those who supposedly direct a company?
I am equally disappointed with the lack of any meaningful evidence of activism from the major II investors, either individually or collectively. A streamlining of the board is welcome and long overdue, but the head honcho and his faithful purse-string holder remain in situ.
I wish Andyken and his efforts all the best, but I fear we are stuck with what we have.
It seems evident that LR and BH will not depart voluntarily.

I am worried.
Worried for our chairperson and captain, an individual by the name of John Brown (doctor, no less). The man who was piped aboard the good ship Yougene last July with “previous significant board experience” and was so looking forward in his maiden speech “to execute on our strategic growth plan.” The able seaman who would take he helm and steer reliably and avoid any choppy waters or rapids.
Please Dr Brown blink twice if you are being held captive.
In the meantime I smell mutiny. After all, the chief navigator LR, assisted by the oh-so-very prudent bursar BH, armed with over 100 products to sell and boosted by a compliment of approximately 200 crew, was recently holed below decks.
Reliable reports have shown the heavily listing boat has taken on billions of litres… of new shares.Suitably replenished with fresh supplies short-term, will the crippled vessel seek help from a rescue, steer towards harbour for emergency repairs, or finally crash and sink with no trace?
Land ahoy cap’n…

Lionheart, don’t quite understand how a posse of directors, armed with material information not available at the time to the open market, take advantage in this way? How is this not insider trading? Just asking.

Sentiments shared Stas by most if not all LTHs.
Please do not omit the equally culpable BH. A competent CFO would have steered the company to a sustainable extent, not ground it on the rocks without paying proper regard to ingoings and outgoings. Maybe he stays because he knows where the bodies are buried.

What a diverse CV this man wears on his sleeve.
Who even knew there was a “Turnaround” department? It’s more of a forward thrust required than going round in ever decreasing circles?
And what a splendid hatchet job he’s assisted with in decimating the coal industry “in a controlled manner.” So we now import twice the volume of coal to keep the lights on,
I do hope there is no hidden metaphor there.

I like the sound of Andrew, aka ‘Andy’.
Seems like he knows how to polish a t**d. It also has the faint whiff of LR desperately having a last throw of the dice trying to salvage any residual value amongst the ashes left from the arson he himself created and was responsible for.

I seem to recall in the heat immediately following the nuclear placing announcement a poster noting how twix (unusual for him) suddenly appeared to have withdrawal symptoms with regard to his previous relentless posting of pearls of wisdom on this site. He became semi-anonymous for a while.
And it was noted that he had an unhealthy interest in all matters TW, enquiring what his latest pronouncement was.
And here he is again, not a subscriber you understand, but quoting verbatim TW’s latest pronouncement. Strange, very strange.
This poster in my humble view, is not to be trusted in the slightest, along with his many derailed predictions, most notably buy at 16p and keep buying, buying (euphemistically spouted as ‘averaging down’) all the way to the present catastrophic price.

Davand, personally I think it was good of Andyken to put out a suggestion of litigation. I do not recall him saying he was definitely pursuing that line.
It’s the old story that unless you can convince a lawyer to litigate pro bono or have very deep pockets, any potential scoundrel comes out of matters smelling of roses.
With the benefit of hindsight, there appear to have been enough shenanigans in the weeks/months preceding the company decimation to at least ask some very serious company questions.

Stas20, in the good old days of constant share drift (pre 83%+ drop) I seem to recall you had Chang as no.1 suspect regular seller. Is he now the canary in the cage signalling better times ahead?

Ker-chang, Ker-chang!

Don’t you just love companies with “great potential” ? I’m sure we had one here not so very long ago.