A possibility or alternatively delaying it afforded Bio the chance to buy more. But I note as Harchris posted earlier , they are not concerned by the DHSC dispute buying in at this level. This is a big positive imo.
Its not up to the bod , they can be offered the world , they can recommend it to us , but we own it , think of it like a house sale , we have to agree.
There will be no hostile take over , they are extremely rare . We own the company , we have to approve any takeover. For us to approve any take over it has to be attractive , so it is of no concern.
RE: Shorts will be closing fast today16 Feb 2022 09:29
Agreed but it's certainly thrown me a curve ball. Let me a run a scenario , could be utter garbage. Lets say Bio approached D.A and said we are very interested in collaborating in your 10 min nat test and in your Q machines to expand/ enter POC. Note all hypothetical. So D.A says well if you buy 5 % , 10 % blah blah of stock on open market and hold for three years then we have a deal to white label or blah blah. This would stop SP Volatility and assist greatly in the LTIP target. Now if something remotely like this is occurring then do Novacyt have to RNS anything. Right now no deal until Bio reach target. Any material impact on SP is seen in the open market ? May be way off the mark here but a possibility ?
RE: Shorts will be closing fast today16 Feb 2022 09:08
So who thinks Bio just decided to buy 3 % in Novacyt as an investment. Not me , not their business. So I expect further TR1's . We know how fast this moves. GL
That would suit me Larry 20 % and hold for three years , price increases as they buy in , becomes less volatile and the board well enroute with LTIP goals.
I actually thought they may have been buying shares today but as I inow directors can't ( how peed off are they tonight ) I wondered how it would be perceived . So I left phone at home afer my " you're having a giraffe , let her go " comment this a.m. Be funny if Nova counter it and buy 3% themselves tomoz