RE: The no RNS policy has backfired. No RNS's since 30/05/2024. AIM7 Aug 2025 12:41
Hi Amers -– I see your point about Synairgen, but I think Genedrive would be a very different situation if it’s bought by a private equity firm. With Synairgen, there’s no buyer forcing shareholders out — so you can hold your shares even if it goes private. But if Genedrive is taken over by PE, they’d typically want 100% ownership. Once they have a certain majority (often 90%), they can legally force remaining shareholders to sell. So in that case, we wouldn’t be able to just ‘hold and wait’ — we’d most likely have to sell our shares under the terms of the buyout.