Penny will have done the DD on ygen and been satisfied of their financial position going forward. MHC will need the money they have to launch all these products for starters. There is no guarantee they will sell well atm either. A bigger company could buy ygen and cut out the fat and deadwood and be into profit. MHC are too small to take them over .
There's plenty who will take it over if they go into administration. I don't think Penny would use ygen if the writing was on the wall. Boots would need assurances too.
What is possible is some sort of partnership or tie up/amalgamation.
Big players didn't get there by paying over the odds for anything. They won't for Ygen either. Why on earth does anyone think they would pay 10x current mcap?
GLT, lame reason that they can't rns because of a re structure. They have to rns anything material regardless of what else is happening . It might be some other reason, but not for re structure, imo .
Being manipulated deliberately for a lowball. Management not reporting new contract wins and nobody seems to know who they acquired with their labs which is delivering growth. Probably many more reportable events, but that's not the agenda. They don't want any good news out there , because it might spike the sp .