RE: I just want to clarify something11 Mar 2021 16:50
I agree with you on that, I dont think Blackrock have any interest in acquiring shares for a takeover, they are simply buying value. I do think a takeover is in the offing though, whether it is a friendly one or hostile I don't know. It's the market makers that are controlling the price action, not blackrock, so it is those guys (and ODDO is part of that) that are involved in my view. A company cant be earning £1m a day with 80% margin, no debt, and £130m estimated cash in the bank, and only be valued at £490m, it is utter madness. Any takeover offer, and I suspect a hostile one, would have to be done at a huge premium, because there are no significant shareholders, so they have to buy from the market.