Member Info for twix386

I believe you are correct. He will not make money.

However the broad thrust is also correct in that LR has mitigated quite nicely and has a position to go to with Novacyt.

Yes, the danger would be loading up with Novacyte only for another buyer to appear. then Novacyte loses premium before you can act. Sods law as I now think there is a chance of getting another bid. A chance at least!

Tell us the gyst?

So what potential suitors do we have for competing bids......

Illumina

Ambry

Labcorp

Thermo Scientific

Others??

Davand

what's AndyKens contact details please?

After all is said and done, this was just another Vialogy Strung out with promise and mismanagement and then Hung Out!

Yup, I suspect the pie is baked in.

Hopefully he will get his due karma for misleading and incompetant management. A Lessor didn't help shareholders much then!

Commenting on the Acquisition, Lyn Rees, Chief Executive Officer of Yourgene, said:

"The Board of Yourgene welcome the offer from Novacyt UK. The prospect and scale of what the new enlarged group could bring to our customers, employees and other stakeholders is exciting given the complimentary fit of both businesses. Whilst the two companies work within the same molecular diagnostic space, they both bring distinctive strengths and are focused in different market segments, which opens up further opportunities for growth."

That Lyn Rees is a real *****

mentions customers, employees and other stakeholders. All bar shareholders who get sold out for less than 1 X Earnings!!

Galling but he's off to sweat the assets having ensured he took care of his own financial situation with his engineered average price!

We absolutely need a better offer to appear but with his future role at Novacyte secured he has no carrot

Not enough given today's news

3.08p.....looked like it might have been a feasible target for a buyout and bidding war but not on today's news! Trouble is I'm not optimistic about an improved offer coming in although it needs to!

Perhaps need to contact relevant parties at these prospective co's to advertise and promote the opportunity wrt Novacyres ram raid and benefits 're Ranger etc

I am not convinced we will see a counter offer. Investors ALWAYS get too optimistic.

What the hell must bill Chang be thinking!

I did davand. Asking for a sale for years and they wait and wait until they deliver this!!!

Absolutely in keeping with their incompetance

Question....

Assuming this is a done deal.

If we can buy say sub 0.4p this morning...should we??

Analysts 12 month targets. ..I no sooner read one than the share price is going the opposite way. its been 1p target since just after funding ffs

Wouldn't be surprised if there's a seller.

it's what has tanked us before and hardly a surprise that insti or someone (Myers) might be as fecked off as we are!

This needs a radical shakeup and wake up rather than insufficiency and silence.

Indeed!

the 1850k was my buy.

I find it inexplicable that we move from one unimagined SP to the next lower range as night foĺows day without drawing breath or hearing from our esteemed leader!

If only they were on it davand!

I've called for a sale for last 2 years but they think they can grow value and rescue reputations. Trashed both!

I did not endorse the BOD. I merely asked the question. I actually had said ..."another masterclass in talking things up and believing their own hype only to fail miserably to deliver- yet again. Surely not!!"

Hardly an endorsement!!

Still the rabid misleading stalking dog with a bone I see. lol

And I'll give you the obvious conclusion....so they know mire than us and clearly don't expect a death spiral.

Just what they do expect and if it gets delivered for once is anither question but that would blow your mind lol

Of course, I guess that could be because of another masterclass in talking things up and believing their own hype only to fail miserably to deliver- yet again. Surely not!!