Jump to content

Novacyt Potential Takeover

Recommended Posts

Hi All


Hoping for some help / advice, I have a spread bet long position (several) on Novacyt share and its doing reasonably well. There are rumours of a takeover or buyout at a far higher price than its at now.


Does anyone know what happens in the event of this happening?


For example if its 1000p a share now and the takeover is 2000p I assume I would get the 2000p value and effectively double my profit? Conversely if it was 500p I would be down 50%.


Much appreciated for help in advance.

Link to comment
Guest Big Man

You never normally get a takeover approach for less than the current share price as the idea is to get shareholders to vote it through 

The share price normally goes to within a few % of the takeover offer so you can sell them there and then or hold out for the takeover price which might come 3 or 4 months down the line whereby your shares are sold and your account credited automatically 

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
    • Total Posts
    • Total Members
    • Most Online
      10/06/21 10:53

    Newest Member
    Joined 25/09/23 08:48
  • Posts

    • WD Gann Said over 100 years ago "When TIME & PRICE BALANCE, the trend HAS to change" . Yes, there is a definite maths relationship, Via Gann or Elliot-waves. The pity is I cannot get Gann Angles on IG as they are not properly defined as per Gann, and do NOT REMAIN FIXED AT THOSE ANGLES WHEN YOU CHANGE TO ANY TIMEFRAME!!!!!!!! Even the Gann fan angles, used by all brokers, are a joke. These angles are not set arbitrarily as the system allows, and no means to measure angles!!!!  
    • Making money through trading involves analyzing markets & making informed decisions. One buys assets at low prices & sells them high.To break it down, traders study charts, news, and economic indicators to spot potential opportunities. They use technical analysis to identify patterns and trends and fundamental analysis to assess the health of a market. Timing is key – traders aim to enter and exit positions at the right moments to maximize profit.Also, there are some tips on how to make money fast – they're out there, and they work. But remember, trading isn't a guaranteed shortcut to quick cash. It takes discipline, risk management, and continuous learning.
    • After a poor finish to last week, Asian markets mostly traded in negative fashion on Monday, though some bargain-hunting in the Nikkei lifted that index off its lows. With major central bank decisions out of the way for the time being, the focus now shifts to the possibility of a government shutdown in the US. House Republicans are making efforts to consider stopgap funding measures to stave off a shutdown. Today's major events include the German IFO index, plus testimony to eurozone lawmakers by ECB president Christine Lagarde. 
  • Create New...