RE: Takeover11 Jul 2023 19:59
KT, good evening , the statement was made as a sweetener in the RNS dated 21/12/2022 , the placing RNS to perhaps make shareholders feel confident no further placing / dilution required.
As Yourgene refer to themselves in that very RNS as a leading International diagnostic company , I'm pretty certain LS could use the same phraseology to describe Novacyt.
Who knows , irrelevant now , 'they' didn't provide equity and now there is a potential acquisition. Could have been Novacyt, but after looking said no, company needs x y z and without it we won't invest , but we will buy you. ......
We don't know , we will never know.
However if there was strategic partner , one would envisage LS trying to use it as leverage in negotiations and it wouldn't have been kept a secret, so Novacyt will be well aware if there was / is any potential interest from mystery supposed strategic partner.
All imo only.