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Nektan – spinning out of control

By Cynical Bear | Thursday 14 January 2016


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


With shares in Nektan (NKTN) dropping significantly this week following the resignation of its CEO and the share price now down at 107p and a market cap of £25 million, I wanted to do a piece on why this stock, ignoring the micro-caps, was my bear pick for the year and why I have been bearish on it more generally for a while. 


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