Member Info for Natdan

As participants of the placing rush for the exit to cash in their chips, the crisp dawn of reality begins to manifest itself. What will LR actually achieve with the company going forward with his replenished coffers? How much will actually go on growing sales, ,securing transformational contracts and generally doing what a CEO should do, that is, enhancing shareholder value?
Or, worst case scenario, how much will be wasted on so-called reducing the cost base, or ‘divesting’ Taiwan (read, closing it down for nowt), or continuing oiling the cogs of the BOD take-home pay? Will BH take possession of a new calculator to keep a close eye on expenditure?
Let’s wait and see…

I would like to know which chart you are referring to, and how you can make any meaningful conclusion from a very recent c83% price crash initiated by the BOD. Probably more meaningful reading the tea-leaves.

So, can one assume for once you will be taking early advantage of your latest tip, selling up and giving us a well earned rest from your endless pontificating from on high? Just a quick glance from your previous predictions fails to inspire. Ladies and gentlemen, I give you the famous market crash (12, 18 , 24 months ago), Taiwan now fully invaded, 16p buying opp, all the way down.
Have some humility for once, or even embarrassment.

“ I.e. a factor above my average price pro rata with my calcs to exit pre funding…”
- anybody follow this joined-up ‘rithmatic?
Does he mean he bought continually from 16p all the way down to less than half-a-penny, compounding losses, and then hopes one day to crawl out with his “calcs” intact?

Yes Hemo, but let’s not forget that LR last time stated he can only comment on matters over which he has influence, which conveniently excludes anything whatsoever to do with the SP! As far as disclaimers go, this one takes the biscuit.

The SP to me still has a surreal feel to it, where punters now have 6p as the new 16p (as averaged down by the now-legendary tipster aka twixster). If honest I am still unclear how this master stroke of alchemy worked out.
Who actually decided that a discount of circa 83% was a full and fair price to pay for the luxury of survival, possibly for a few months longer? Who decided a long-overdue cull of a hideously bloated BOD was suddenly tgexway-forward? And why was the so-called ‘retail’ offer marketed so poorly, in effect open to only a very narrow number of brokers?
Oh any news on the chairman yet? Any sightings please notify Interpol, or contact the Co. website asap!

Has anyone seen or heard from our anonymous chairman, goes by the name I believe of John Brown (dr no less)? Is he being held hostage perhaps, or being gagged against his will?.
Who knew, for example, that he’s been treading the boardroom since 2019?
He only truly stepped up to the plate in July 2022 with this dynamic intro in the RNS of 27 July:-
“… he joined Yourgene's Board in July 2019, which has given him a deep knowledge of the business and accelerated the transition process. As a result, the Board is pleased to confirm his appointment ahead of schedule to guide the business as it enters its next stage of growth and development.”
Who writes this blurb? How did he use his ‘deep knowledge’ of the company to enhance its value? And why have we not heard a public peep from him following the near-decimation of this company? Whatever happened to personal accountability ?

Stas20, regardless of what we may think of the directors, I am not aware of a single individual from the BOD having departed the company. The board has belatedly been streamlined.
What appears most disappointing is the apparent apathy of the IIs. Apart from one of them leaping onto the board I have not seen any visible evidence that they are anything other than willing participants to or even complicit with, the mega-dilution. Even some of them may struggle to recoup losses already incurred. Something in this carve-up really does not add up.

Let’s hope that at the exhibition LR is not accosted by a brash American business type, asking inconvenient questions, perhaps along the following lines:-
“ So Mr Rees, how much did you say ya company’s worth on paper? A dime?
How many shares in issue? Ya got billions of them? Still churning ‘em out?
And how’s the share price performed since ya took over? More than 90% down ya sayin’?
Now let me see, gotta rush, see ya later.”

“ just decided I'm no longer interested in posting much…”
And here’s me thinking after the repetitive humiliation of our serial average-downer -starting from 16p and ending somewhere around 0.3p, he may have acquired a modicum of embarrassment or even humility and disappeared quietly into the abyss. No such luck.
Perhaps Buffett had this type of investor in mind when he pointedly remarked that you notice only when the tide has gone out who has been swimming without their speedoes.

The inability of this company to manage its own financial position is perhaps best illustrated by the belated departure as a director of Dr Little. Nine years, really? Including his near-fatal stewardship of the company as CEO when he led it to the expensive failed litigation defence against Illumina.
The man is a scientist pure and simple and, along with the other now-departing scientists from the BOD, he should never have been let anywhere near a financial spread-sheet. However, looking at the current parlous state of the company’s coffers, neither should have BH.

Surprised LR didn’t go for an ‘Investor Meet’ presentation…to meet what’s left of one’s share valuation.

How benign the recent past now seems when we had only a 100,000 seller giving an early-warning sign of things ahead! Someone who was close enough to peer over LR’s shoulder perhaps? Will this Scarlet Pimpernel now draw back the curtain and reveal their true identity?

And what happens once the post-placing scramble for “cheap” shares is complete and the select few have gorged themselves from the trough? Perhaps the mystery seller will morph into say a 9 million vomiter of stock onto the open market?

Superb input Institution, come back anytime.
Trouble is, I will have to lie down for a day or two trying to digest the minutiae, an interesting insight though into the wheeling and dealing which seems to go on behind the scenes.
What is clear is if there was ever any doubt, the PI is at the bottom of the food chain.

Good to see you back notaflipper, it’s like the return of the prodigal son. Actually there’s quite a few of us waiting and hoping for a miracle or three. One assumes your absence means you managed to exit stage left in good time?

No let’s move on and not allow the habitual bedwetters to rule the roost again? Here’s a “nasty variant” - flu is currently killing more than covid; or the 1,000 excess deaths per week since may 2022, which Sir Whitty attributes to missed doctor health-checks.
Returning to Ygen, who seriously believes the government will award any testing capacity to a company which currently appears to have no money other than a short-term loan from two of its own directors?

Care to clarify your last comment Davand?

Covid and any related testing was yesterday’s story, time to move on.

The figures I have heard quoted is c20,000 travelling to this country from China, so in my humble view we are talking loose change, not something which will breathe life back into this company were they to win any testing contract.
They should be throwing everything at the U.S. market with the hope something big occurs. For whatever reason the Ranger kit has not yet caught the imagination of the market. If it ever does.

Not insolvent, more on life support in ICU, with a ‘Do Not Resus’ over its sick-bed.