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Dazzerman , I hope you are right. We're is your evidence ? I have been in this share since October 2020 and my investment is around 93% loss . I have not taken a single penny out since. I got fooled by Graham Mullis who told shareholders this company was ambitious and would become a mid cap company with all that DHSC contracts . However, Mullis could not wait to leave the company the moment he got his £10 million LTIP.

Https://www.linkedin.com/posts/yourgene-health_an-overview-of-the-novacyt-group-filmed-activity-7422937849332682752-tCZ5?utm_source=share&utm_medium=member_android&rcm=ACoAAAQWZZ8BzHvs3UDexwfRh1rABP8w3A_e2rw

Anyone know if Oxford Nanopore Technogies PLC be competing with Yourgene for the £5B contract ?

What i am really wanting to know is when do we get to find out about the £5 billion contracts up for tender? What are the chances of Novacyt winning £100million - £1 billion + contracts ?

Lyn Rees was what 6 days late for releasing this RNS from when we actually got to know about this contract in media . Appalling investor relations.

Dazzerman , what are we looking at exactly on this link you sent ?

Dazzerman, can you share your evidence and tell us how we would be rewarded please. I will respect you if you can do that .

Its is £7.43 million the total award after modifications. What else are they not telling us ? This is definately a RNS material news, but they dont inform the market. Why ?

If you dont know already , the founder of Primerdesign has set up Youseq and the majority of R&D from Primerdesign have moved to Youseq. Not surprisingly, Youseq have release hundreds of Multiplex PCR tests , which blows Primerdesign away. So if there is any viral outbreak , Youseq will be in there pitching for contracts ahead of Primerdesign. Lyn Rees has shifted most of the cash into Yourgene and dismantled Primerdesign.

I have asked this a few times now, but no one has explained why did Novacyt directors go and buy a loss making company , Yourgene ? If Novacyt had just sat on their £110million in 2021 and downsized non essential staff , they would still have probably £70 million in the bank now. Or make better decisions and invest in a company involving Artificial Intelligence for diagnostic testing . Just putting that £110 million in the bank would generate a lot of interest £5 million plus per year

Novacyt are losing around £800K per month . Thats 2 years left before all the cash is wiped away . They had £110 million in cash 2021 .

Lyn Rees has done nothing to improve share price for investors. He is taking the salaries and will be off shen the cash is gone.

I am so frustrated and very upset how my investment has gone here.

Thank you , itsawrap . I really need to complain as I am losing around a lot of money as a result of Graham Mullis.

Graham Mullis should be in jail. Someone really needs to inform the investment authorities on how Graham Mullis manipulated the market in 2020 / 2021. He did not inform the stock market the moment the DHSC were in dispute with the contract with Novacyt to supply the Covid-19 PCR tests. I understand this dispute was in November 2020 , but Graham Mullis informed the market April 9th 2021 , which was enough period of time for himself to get his LTIP of £10M

I worry about AI ( artificial Intelligence) taking over genetic sequencing for diseases..... and replacing the need for Yourgene. This begs the question why did Novacyt board buy out a loss making Yourgene ? Was there back handers for them to take some of the cash Novacyt had . There is money lost that hasn't been counted for .

I am asking fellow investors what are the expections of Novacyt. Since April 2021 once the dispute with DHS was announced by Graham Mullis , this share has crashed . It was £12 / share and now 34p / share . Lyn Rees has done nothing to improve shreholder value. He himself has not invested at all in Novacyt.

What are we looking at in the future with this company ?

Kaeren, are you fully invested in Novacyt or have you sold out a large chuck . I did twitter you on your private message but received no reply.

Dazzerman you appear always to hype up this share without any evidence . You do the same on another website too . Why do you want naive investors to lose money ?

For Lyn Rees there is absolutely no reason for him to invest in Novacyt as he already picked up around £300K in salaries every year. The longer he can bluff the investment market that he is doing a great job ( which he isn't because there is no shareholder value generated since he has been CEO ) , the more years he remains in the CEO job and picks up the salaries. He will walk away with around £1M+ in salaries. The only hope we have is that he is ambitious and wants Yourgene to be a big company winning major contracts and he walks away with tens of millions of pounds in his bank account.

Any reason for the sell off today ? Traders closing their shorts ?

Can someone tell me what is happening with the £5B tender that was discussed several months ago ? Someone like KilkennyTed was saying Yourgene are there pitching for bids as they are in with a shout