"Among the small caps, Oxford Biomedica was buffeted by bid rumours for a second day. The company headed towards the top of the risers' board, up 13.7 per cent, as investors continued to speculate about a possible offer from Sanofi-Aventis. Analysts at Investec, while noting that "much of the value on which the share price is driven remains circumstantial", said that the prospective suitor would have to pay a "significant" premium to gain control of the company. Despite adding that, for now at least, "Sanofi would be better off waiting""
http://www.independent.co.uk/news/business/sharewatch/market-report-miners-lord-it-as-copper-and-platinum-spike-up-781550.html