RE: Takeover value of Novocyt15 Mar 2021 18:16
I’ve nothing to back this up other than a feeling but it seems like the company is been giftwrapped for a potential takeover .
The recruitment process is in order and positions are increasing daily . Was this a condition from a potential suitor ?
Black rock seem to be keeping the SP to a certain level with small trades . Are they doing this for a client ?
Diagnostic companies with smaller market caps, inferior testing solutions and lower profits are getting snapped up by the big boys .
Funds and traders are moving away from the more traditional blue chip choices . Airlines / holidays / banks / oil etc ........
Who knows but diagnostics seem to be darlings who are much in demand at the moment .