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NMCN plc – to report additional losses, “limited impact on the group's cash position”?...

2020-10-15 14:08:56

Previously writing on UK engineering and construction company NMCN plc (NMCN), last month I noted an update attempted no-one watching o’clock? – with clearly a far from planned CEO ‘step down’ and a trading warning following recent CFO resignation and with the shares around 250p to avoid / sell. Now a further “Trading Update”...

ARTICLE

NMCN plc – “Board Changes and Trading Update”, attempted no-one watching o’clock?

2020-09-25 14:27:00

A 4:30pm yesterday “Board Changes and Trading Update” announcement from UK engineering and construction company NMCN plc (NMCN). Attempted no-one watching o’clock? If so, it hasn’t worked – with the shares currently at around 250p (capitalising the company at circa £26 million), 24% lower today...

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