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“ As we reshape the business to deliver improved profitable growth through and beyond the post-pandemic period, we are already leveraging our technologies and our teams' capabilities to good effect, capturing new opportunities and building on our existing partnerships. We thank our people for their support of the Group's continuing evolution. The consolidation of our operations will result in a more unified and efficient Group.”
The words of our dynamic leader barely 12 months ago in April of 2022. So LR, where did it all go wrong?
One of the most galling aspects of this whole car-crash in slow motion is the total absence of any proper explanation by the CEO as to how the company’s value and prospects were so cataclysmically destroyed. No apology, no self-awareness.
Pull up the drawbridge, Mr LR, ensure your own survival and wave to those less fortunate you have shamelessly abandoned.
Must be very difficult admitting you're totally incompetent and clueless at your job I guess. What other excuses has he got.
I think I remember him once saying that they won't need any more cash either. They had plenty in the pipeline and just merely had to deliver the opportunity in front of them..ahem!!
Is he a deluded fantasist or liar, or what??
Unfortunately LR doesn't accept responsibility and is focused on explanation, defence and denial If he comments at all.
Expectations consistently trashed.
Only hope we can find another buyer to bid and break the mold!
Dr Bill Chang(1) - 315,849,418 - 9.94%
Lyn Rees - 85,371,235 - 2.69%
Dr John Brown - 33,685,783 - 1.06%
Dr Joanne Mason(2) - 6,999,999 - 0.22%
Note (¹): Including connected parties
Note (2): Dr Joanne Mason holds in aggregate 7,782,770 Yourgene shares of which 782,771 Yourgene shares are held pursuant to the SIP.
lol don't see any of those options being exercised
https://www.londonstockexchange.com/news-article/YGEN/form-8-opd-yourgene-health-plc/16040531
Is this the start of the belated news flow?
Copied from bidstats:
DPYD Testing Kits
Source: Find a Tender
Published: Fri 14 Jul 2023
Testing Kits for the detection of dihydropyrimidine dehydrogenase (DPD) enzyme.
cardifflaboratory reagentswales medical genetic laboratoryprovision of dpyd testing kitskitsprovision of dpyd kitsspecific kitsmedical genetic laboratoryrobust assurancewales
Contract
award: Yourgene Health£120K
No news for so so long and now who cares! The ONLY thing I want to see is another bidder with an improved offer then another bidder and a bidding war.
I accept newsflow can't hurt that process but it's now only about an increased buyout price rather than what a good business Novacyt and their customers are getting.
Wouldn't matter if it was for £12M...or £120MM. This bunch won't rns it!!
Agreed. The whole lot are bent and should be at locked up. Sold at the wrong price when the mainly beneficiaries are that CEO and her collective band of wrong un's. It is a disgrace to do that placing where they mostly participated, probably knowing this bid was forthcoming, at totally the wrong price. This company is worth so much more. I am livid.
Has Rees had a sex change we didn't know about?
Outside the TW comments a couple of weeks ago has anybody heard any other whispers etc of an improved bid being needed to get the vote?
As it stands with the price sitting where it is it doesn’t look hopeful at the moment. A new bidder is desperately needed.
Without that it makes me wonder how much of a revolution Ranger tech actually is and how much that and the strong pipeline we always heard about is actually going to be worth.
If it’s all so so good why is nobody else interested in picking it up?
DD might be happening as we speak. Or would they need to rns it? .pmsl!
Not quite sure about your sex change comment....or are you confused as to what sex prison she should be incarcerated?
I don't think it's me who's confused. You reckon the CEO is female, or have I read it incorrectly?
"are that CEO and HER collective band of wrong un's"
Do some research before posting rubbish online you idiot.
Might be an idea if you practiced what you preached. What are you spouting on about for heaven's sake?
English please!
"Sold at the wrong price when the mainly beneficiaries are that CEO and her collective band of wrong un's"
Pity you can't write it and make sense!
Or maybe do you think that Lyn is a woman? Ha ha !!
The CEO is man.🤦♂️
Of course it is a man. Not too sure what planet this buffoon is on?
It appears today’s rns amounts to an administrative rearranging of the deckchairs before the good-ship Ygen finally sinks below the waves.
On an initial reading of the announcement, one could easily be forgiven for incorrectly believing that the tweaking comes from a multi-national conglomerate (millions of new shares issued, millions of warrants being cancelled). Instead the reality is of a failed attempt to conquer the world by massively overreaching.
At least the Cap’n of the doomed ship is saved, available to work his reverse- magic elsewhere.