By Steve Moore | Friday 15 February 2019
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.
Writing last month on NetScientific (NSCI), it was zero potential offerors; more Neil Woodford disaster vicar? – that following an announcement that, despite having stated it was undertaking a strategic review as “the board believes that the market is undervaluing NetScientific's portfolio”, it continued to not be in receipt of any approaches and, “not aware of any parties who might now make such an approach or initiate such discussions… the company confirms that it has closed the formal sale process”. Now a “Conclusion of Strategic Review” announcement…
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