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Novacyt is rudderless with Lyn Rees who is hopeless as a CEO . History proves he decimated Yourgene shareholders with bankruptcy.

https://www.telegraph.co.uk/gift/90a82a149d469237

I am looking to move abroad for a better life now

Last year we were told by Lyn Rees that Jo Mason and himself would be presenting a business strategy and discuss new products . What is going on as its now September 2025 . Is Lyn Rees an honest genuine CEO looking after the best interests of share holders ? What is he doing to turn things around for shareholders ?

Do you not think Lyn Rees is bothered about his LTIP ? Will he not be wanting to bring the SP to hit his £1.35 target to get his full LTIP ?

You are spot on Kaeren . I have been saying exactly this for a long time now .

The premierdesign arm of Novacyt has been completely dismantled by Lyn Rees . All the top brass whom were at Primerdesign for the covid-19 success have left since Yourgene came into Novacyt . Who is now going to steer Primerdesign for R&D and commercial success ?

Lyn Rees is pushing literally all the cash into Yourgene .

What has Gem McLuckie actually achieved at Novacyt ?What commercial success has she actually brought to Novacyt ? Did Novacyt win any contracts as a result of her contributions ?

It therefore brings to the attention of what the hell are these board of directors doing ? It really does look like Jo Mason , Maria Watters ,and Lyn Rees are JUST PICKING UP THE SALARIES AND BONUSES AND GOING ON THESE FREE HOLIDAYS ABROAD . The company is losing £1 million per month . They, the above three name persons , jet set abroad at the company expense. Most likely at business class air flight , staying at a 5 star top hotel in Sydney , and dinning out at top restaurants. All paid by Novacyt expenses.

I am not happy if there are no contracts to come out of this Sydney trip.

* Kaeren is a professional AIM Investor .

I should never been invested in this AIM share. Its damaged me badly.

AIM is a gamblers hub. People like me should be no way near this Sh£t . Only professional AIM investors who spend all day on searching AIM stock are going to make money if they are lucky. I realise Kaeren is a professional AIM investors .

I should never have invested my money in here. If only I was wise and knew what AIM was a graveyard for losing money . And companies run by CEOs that lose investors money by hyping up the shares to their benefit. Graham Mullis exploited the LTIP to his benefit and walked away with £10 million.

*caused

What was all the buys for yesterday . Did Lyn Rees do a fart which causeed some turbulence ?

Will Yourgene ever become successful and be a £2B company ? Why , won't it be another oxford nanopore technologies ?

https://www.oxfordmail.co.uk/news/25379814.oxford-nanopore-technologies-ceo-step-21-years/

I am once again asking this question , why the hell did James Wakefield and fellow directors at the time go out and buy a loss making Yourgene with a failed CEO and then hand over all the cash to this useless Lyn Rees.

Why the hell did they do this , please someone explain ?

At one point Novacyt had over £120 million in cash. Now its around £26 million

HighF1 , when I reflect back into 2020 , I was extremely naive, trusting and inexperienced with investing in AIM. I had no clue at the time that AIM was actually a gambling place and you had CEOs that are corrupt and will manipulate the market to their benefit. So , what happened in October 2020 , was Novacyt win a big contract from UK GOV which involved 2 phases and was worth £500m - £750m . Graham Mullis was very media friendly and relasing lots of positive RNSs. Graham Mullis gave an interview that Novacyt were ambitious, develop further and into a mid cap organisation. I was basically impressed and invested an initial amount of £250K and kept adding more . The investment in Novacyt was destroyed when Mullis informed the market in April 2021 that DHSC was in dispute and then the SP crashed. I averaged down over the next 18 months and ended up investing a staggering amount of £660K just to bring my average down. But the SP kept on dropping every year due to poor directors business performance, cash dwindling and no major contracts won.

I wish to God I never set eyes on this share at all. I have never invested in any share other than Novacyt. Its only now I realise that there are professional AIM investors like Kaeren ( who has dissapeared from here and very active elsewhere) , KilkennyTed, Larry , Brentw1 who are people that know the market well as they have time to research and spend all day on AIM . I am not a professional trader or someone who gambles on AIM. I simply invested with good intentions that this company was going to be massive and my money would make me a profit. AIM is for profession investors who basically are on AIM all day long trying to spot where they can make money...... I am a full time medical doctor , i don't have time to do what these people do.

The correct and accurate word i want to use is pretence instead of the word remit in my last message.

HighFin1, i invested with the remit from Graham Mullis that the company were ambitious and going to be a mid cap organisation.

Brentw1, acttually, if I were to sell up today @ 0.38p would return me only £43K [ total invested £660,000 ]

This company has been nothing more a disaster for investors since April 2021

Brentw1, are you saying i take ~ £50k from an investment of £660K . That is suicide.

Looks like people like , kaeren, have sold up left this Novacyt .

I ask the question again to everyone , why did Novacyt directors buy a loss making Yourgene and hand over everything to a CEO , Lyn Rees , who has failed miserably and continues to waffle and lose Novacyt £1m every month.

I never had the Covid-19 jab at all and never administered it to anyone either. I knew about the risks. I told my elderly parents not to have the Covid-19 vaccines. There were many doctors like me .

Davand , the government forced doctors to promote covid-19 vaccines etc . But there were doctors who did refuse to take the vaccine themselves or get involved with it .