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Dinglewolf , I would like everyone read all your messages. Your tune is hypercritical and always nasty. I do not wish to send you scanned copies of my Novacyt shares which total £660K. There is one person on this chat board who I have sent proof of my shares to . I am not going to disclose my name either, but it's obvious as the main players on here know who I am .

When I reflect and review myself with this huge investment in Novacyt in 2020 & 2021 , I cannot comprehend how I have got myself in this mess . Seriously , I am not a gambling person at all. I am just a simple hard working person , who studied hard , went to university , became a medical doctor , then worked long hours and earned money and saved it. I have never gambled or taken risks in life like this . Okay , I did the odd eurolottery here but I never ever previously invested in the stock market.

What I did wrong was that I lacked knowledge of how the AIM worked. It's only now , because I am losing over £600K of my money , and realise AIM is run by algorithms to make sure investors lose money and the stock market / brokers win win win. The only way genuine investors are going to go in profit is if the company they invest in are going to be profitable and improve year on year in financial growth. Novacyt has been run awfully since 2021 and we were lied with so many things . The CEO blatantly hyped the share to get his £10M LTIP and then ran off , knowing he messed up on the contract with the DHSC. The chairman was buying time of 4 years to retire and get paid off...... we were told we had a strong case for winning the DHSC case , only to wet their pants on first day of court case and give in £5M.

My lack of knowledge with AIM and how these companies in AIM are run by directors was detrimental to my thinking. I would never have invested a total of £660K in Novacyt otherwise. I was so naive and brainwashed with the hype in 2020 on covid-19 and Novacyt will become a mid cap company.

This share is nothing but a traders share now . Professional traders who earn their money by playing the AIM . I am just a simple professional medical guy and should never ever had left my comfort zone as I was doing so well before investing in Novacyt.

Are Novacyt BOD going to throw money at Primerdesign ? There maybe a potential money spinner on the winterplex PCR test . The NHS may want a test for this winter as rates of covid-19/ influenza / RSV will increase. The Saliva Covid-19 test maybe very useful test . Will Novacyt win any contracts here ?

https://www.bbc.co.uk/news/articles/c62d8r0nnl6o

CaptainSwag, I think because we now have a Yourgene CEO , the focus has been on Yourgene. This is what I mean , if you have a board and CSO who are Yourgene directors , they will take their eye off Primerdesign and the potential spin offs there.

Yes , it appears a reverse takeover by Yourgene . How much money will go into Primerdesign for R&D ? The chairman/ CEO / CSO are Yourgene directors. They will channel the cash into Yourgene. How much money will go into promoting Primerdesign products during outbreaks of infections ? The real fear is how much cash will decline every year ?

One important point to add is that AIM is a gamblers paradise. Unless the company you are investing is actively creating investor value by increasing profits year on year , otherwise you going to be subjected to stock market algorithms that will syphon money out of investors.

Watch this YouTube which is a research study on Indian stock market trading. 93% of private investors lose money.

https://www.youtube.com/watch?v=-q-I9M3LMI0

Thank you so much, Wiseinvest1 . This share has been a very tough share to hold last 4 years.

Thank you CaptainSwag and Pebble101 for opinion. Anyone else want to give me any advice would be welcomed . I will not sell up unless I get back at least 50% of my money invested , which means a SP of £2.90.

Hi Pebble101 , hope you are well. I know you are a accountant and have been burnt by this share just like I am . Are you still invested here ? I need some advice. I cannot sell up here as I am so heavily invested in this and am stuck . Losing around £600K. [ total invested is £660K ] My fear is that the cash in bank will decline with time , Lyn Rees and fellow directors take their big salaries and jump ship when there is no money left in this company and then a cheap take over on Novacyt . I have seen the share price drop from ~ £13 to 36p . It's been absolutely sh£t hold this share and just hoping and praying the SP can move gently upwards and sustain it's value.

What is your advice .... do I put more money in this to drop my average from £5.81 ? I am so new to this game that it's really sre£wd me up.

So do I wilson , I have a fantastic CV. But it means nothing if you don't perform to what you are expected. So far I am not impressed by Joanne Mason. More like female version of James Wakefield .

Very few BOD on AIM stock market can create investor value. Most will talk corporate clichés to buy them time , suck up as much salary and bonuses through the years , before they are pushed out or jump the wrecked ship they have created. I am not convinced this Novacyt board , which is essentially a Yourgene board , minus Steve Gibson, have the capability and skill to create a mid cap company. Yourgene was bankrupted by Lynn Rees and this Mr Brown CEO appointed . What I have seen of Lyn Rees is that he talks well , but delivers nothing but destruction to share price.

CaptainSwag, Joanne Mason is supposed to be a scientist right ? From what I am seeing she spends an awful lot of time clicking likes on LinkedIn. It must take several hours per day to go through LinkedIn content from individuals and companies . Is she not supposed to be working in the labs supervising or developing developing diagnostic tests with her team ?

I question , Would a CSO of a company be spending so much time on Linkedin everyday and be clicking like onto various people . Why is it that Dr Joanne Mason appears to be spending more time on Linkedin than anything else ? The same is true for the Novacyt sales force . What the hell is it they are doing to create business for this company ? I log on at the end of day for a few minutes and all i see is all these likes from Joanne Mason and the sales team at Novacyt .

This share has been really bad for me , and the worst ever decision in buying Novacyt shares . I never sold at the time when it was above £6 . Basically because i had too much faith and trust in the company that they would be successful but he BOD have been a big let down . The BOD are in it has a lifestyle company and will pay themselves huge salaries .

From yesterday's RNS the clues are there for all to see that the BOD do not care a damn about private investors.

1. James Wakefied has been useless since 2021 . My gut feeling is that all he was doing was buying time for himself , fobbing private investors off with corporate jargon in his narrative . It looks like he was buying himself time over last 4 years and then retiring with a big fat pay off . His decision to pay the LTIP for Graham Mullis and Anthony Dyer was wrong . The LTIP should never have been paid out until clarification of the DHSC case.

2. The fact that none of the current directors have actually put large amounts of their money into buying any shares demonstrate their confidence with their business plan . This tells me they expect the SP to drop further and be volatile .

3. Poor sales force , and no Mpox contracts , a big missed opportunity .

4. The Taiwan site literally given away as a freebie when we thought maybe we get £2M for it .

5. The BOD are Yourgene directors entirely . Who will monitor and stop Lyn Rees from throwing money at Yourgene now and bankrupting the company now .

Nothing has gone right for me at all. My mum passed away this year. She was my life and everything I worked for in life.... I miss her so much. And then this bloody share has caused me so much stress with paper losses. I am really down on my knees and sad.

This will be in 30p range next year if we don't get any :

1.positive monetary RNS

2. Annual year results [notified in January 2025] show that the company continue to lose money every month .

How much money did you lose crl123 in Novacyt ?

I have been saying for last few years this share is nothing but a traders paradise for people like gggg21 etc. Losers are people like me who were genuinely investing their money in a company looking to become a mid cap organisation. What a bloody fool I am . I am going to cry now.

The last pump & dump was during omicron December 2021 . A lot of investors got spiked then. Now we had another

P&D August 2024. So 3 years we waited for this.

Amers you can talk smart can't you . It's easy when you state you made a £60K profit . I am losing around £550K. How do you think I feel.

Just stating facts ! I took off the dark tinted glasses off a long time ago. I will praise and be positive when I see the BOD doing something for LTSH to increase shareholder value. I want this company to suceed and create shareholder value. I got trapped due to my high average and don't want any other naive investor going into this company blindly.