Nmcn Takeover Rumours (NMCN)

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Nmcn Takeover Forum Posts

22-03-2021
Squeamish one would think a rights issue/placing was about to happen if nmcn was a normal company but it isn't. It is still family controlled and the family hasn't got the money to take up a rights issue. Therefore alternative scenarios which don't need an injection of non-existent family money are more likely. If I had to guess - possibilities include a merger, an injection of venture capital money, a takeover, a sale of the water business, going private with venture capital money. Looking at the disastrous financial performance it is at odds with the rise in the share price so somebody must think they know something!
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