The 10th March will see Northgate IS go into the Top 250.

It's market value is over 375 million and that really should be enough, but nobody has stated this in the media.

A friend has bought 10 000 worth mad or genius?

UK smallcap opening - Northgate Information runs back on bid doubts
AFX

LONDON (Thomson Financial) - Northgate Information Solutions ran back 14-1/4 pence to 57-1/4 as traders took the view that the bid approach, announced yesterday, will be unsuccessful.

A takeover approach for the company failed just over a year ago, but Altium believes that the higher probability of a strategic buyer and the recent weakness in the share price make it more likely that a deal will be agreed this time around.

The broker retains its 85 pence price target, based on an updated sum-of-the-parts valuation, although a healthy takeover premium would clearly imply a higher takeout level. Given the possibility of talks falling through once more, Altium would advocate taking profits if the share price were to get close to its target price.

Seems a tad odd that we hear nothing about a "pending Offer" . . . . . and suddenly , we do, when it looks like it's been going-on for some time.
. . . . . . I wonder when they knew about this?
A bid requires due-dilligence and much discussion (I'd expect), so I should have thought 6-weeks minumum...but that's just my take, FWIW.

If it comes to anything I've made a small profit!

apparently offer was on table prior to recent results announcement according to what i've read alledgedly