RE: Novacyt - A Red Hot Acquisition Target26 Aug 2021 21:34
I'll be surprised if we get bought any time soon. Covid market will drop off from 2022 imho. If somebody wants to buy us, that would be the IP & RND, not covid revenues (that might or might not happen).
I am sceptical about "having to declare 3%", etc.
e.g. There was a shocking undeclared short of some UK company a few years ago that went unnoticed, and the penalties in the end were pocket money-sized.
Furthermore, I'm pretty sure market makers don't have to declare any % "holding" as the shares are just "resting in their account" as one famous priest would put it. Then an II swoops in and "buys" them when it's convenient and then issues a TR1.
Over a decade in banking and finance and the sector is corrupt as ****. Just because there are rules & regulators doesn't mean any of the regulations are being followed.