Niox Takeover Rumours (NIOX)

I think it’s held up well considering The uk is the worst performing market in the world and many British companies make most of their money in global business. This is a recent high for NIOX. It is similar to share price movement last year between update and actual results. News on dividend and cash position should help re establish the sp. Then of course there is the expectant takeover by AZN Why else would they hold 16 percent of the. Company? Gl all

Lack of comments all round is strange. Nothing from Vox markets or Stockopedia who don’t seem to cover much other than retail and other odds and sods, certainly not medical or stuff in the ground. I guess it’s exactly in line from interims . Having doubled revenue from there to 36 million. Cash pile well ahead after payment of 10 million dividend. RG understandably trimmed his holding from 29 percent to 23 percent but Stanley came aboard for 5 percent in the high 60p’s. Appointment of financial advisor is interesting . Getting ready for takeover? Business model transition next year new generation of diagnostic kit in 2025 and development of home kit. All looks pretty impressive to me. Market is a bit nervy with all the troubles around actually holding up quite well thus far. Several Aim listed companies reporting strong results this months have received very Luke warm reaction from markets. Return of bull run still seems to be on hold for now. Gl