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What we need is a top CEO who can rescue and save all investors that have unfortunately found themselves trapped and in deep waters drowning with their investment in Novacyt. We need resuscitation.

GLTrader & CaptainSwag , interesting predictions for SP.

Are we now saying £4+ is a distant dream fantasy ? What needs to happen for this SP to hit £4+ .

If we don't hit £6 , this would be my worst ever decision in life to have invested in this company as I would have lost a fortune , which for most people would bankrupt them. So far as it stands my investment in Novacyt is classified as a major life event !

If Novacyt win outright the DHSC case , that's £85+M in addition to cash . Would this not bring the SP to above £6 ?

OptimisticGuy , you are giving away too many clues - you are Indian !

* 500,000

The reason i think these BOD get all their resolutions passed year after year is because there are possibly a few individuals who possess huge number of shares , possibly 500,00 - 1M shares which do not need to be declared as they don't reach the threshold . All the BOD will need to do is tap into those individuals and convince them to vote for the resolutions . There are not enough institutional investors with huge share holdings that can influence these BOD . Hence why the BOD do not want or actively promote institutional investors as then they would be told what to do.

What's shocking is how quickly this share dropped from 85p to below 40p in a matter of few months . All the new money invested following RNS of the acquisition of Yourgene made on on 3rd July 2023 has been sold off

WTF , JW gets 80% of votes . It must be fixed ! Basically proves the BOD can do whatever they please and will not be pressured by private investors or be dictated by institutional investors ( as do not have overall majority shares in company).

The AGM disappointed me big time .

1. it was shocking only 3 people attended from private investor representation . I expected least 100 screaming angry investors wanting answers from the BOD .

2. Shocking with JW was re elected back on . How on earth did he get the votes ? Who voted him on ? Thats 3 more years of JW and repeated pattern of performance.

3. JM basically dampened any hype on biosensors , the £100M organic growth that he now back tracks on . Last year he clearly stated Novacyt will be achieving £100M organic growth within 5 years .

4. No new information given that we did not already know .

5. Can you trust these BOD now !!!!!!!!!!!!!!!!

6. The BOD basically do not want to support or protect shareholder value .... They are not interested .

7. My impression i get is this company is basically a lifestyle for these BOD - bonuses / salaries thats it .

The only hope I feel of any big contracts over next 12 months for Novacyt would be from Yourgene business.

For those who were Yourgene share holders you will know more about the company than most Novacyt shareholders. Just asking what is the likelihood Yourgene could be given a £100M+ contract in the next 12 months ? Is this likely ?

Neilrich3 , can you trust whatever LR says ? He has no credibility the way he treated Yourgene share holders.

OptimisticGuy , you have not answered my question. We all know LR seems like a two faced wa*ker looking after his own interests . I want to know who is the best person in your opinion who can push Yourgene business forward and create wealth for us Novacyt share holders ?

OptimisticGuy , who do you feel would be best on Novacyt board to maximise Yourgene business potential ? I agree the track record of LR scares me . Maybe our current CEO who is an accountant should remains insitu to protect the financial accountability of the company

What's crucial is that they start having more Yourgene board members on Novacyt board as the business is far more mature than what Novacyt have currently. LR should be lined up for CEO role.

Looking at the AGM yesterday , I think I should have gone to it and made my presence clear to the BOD and in particular to JW & JM with how they have lost £600K of my savings as it stands. I didn't go because I wasn't sure if I could keep my anger in control ! But I will go next year for definate and bring with me someone who will calm me down if I lose my temper.

captainswag , what's your average to get out of this stock ?

for me i am going to lose a fortune of my personal savings now as my average is £6.10p ( i cannot visulise ever getting close to that average with these bod in place ) i can't see these bod doing anything to inspire institutional investors coming in. it's simply a lifestyle job for them to pick up huge salaries and bonuses. the way they present themselves , the way they promote the company , its simply not set up to build this company into a mid cap organisation.

i agree the agm proved exactly why this company is poorly performing . it's run by people who have no charisma, or dynamism and looking at jw and jm , their body languages and voice emphasised to me how lethargic they appeared. i don't feel they care if the share price goes up , they are simply not motivated or there to protect shareholders investment. how on earth was jw able to be relected. for god sake that's another 3 years of this guy and continuation of same pattern .

what really annoys my how these bod bull**** and change their tune after a year or so which basically misleads shareholders. was it not made clear by jm in 2022 that they would generate £100m annual organic growth within the next 3-5 years . now he has ruled that out ?

i realise now that these directors are in it for themselves , they are there to pick up has much salary and bonuses as possible from the company and run it down. if they run out of money they will just walk away with their salaries & bonuses. novacyt would be bought by another company that will take the assets and the poor investors lose their money.

PI100 , they said they need your help on the Board as they haven't got a clue with what to do .

How on earth has JW still remaining as chairman ..... there needs to be an enquiry regarding this , has he tampered with the votes or something ?

JM plays down the biosensor as if not really important in current business plan . This is what annoys me , previously they hyped up the biosensor technology with fancy corporate words like 'disruptive market ' .

On French stock market 120K sold . something going on i feel