#INCE – just 19%, 5p per share, open offer take-up, raising £0.2m
- 2022-08-25 07:46:29
If I were a shareholder in corporate advisor, Arden (ARDN), and had, in late April, swapped my stock for shares in legal and accounting firm, Ince Group (INCE), I would be calling my lawyer right now; Ince has only just released a profit warning for the year ended 31 March 2022.
This marriage of two AIM-sewer-listed companies gets dumber and dumber by the day.
When professional services group, Ince (INCE), announced that it was buying its own, subscale, Nomad Arden Partners (ARDN), I suggested this posed such humungous conflicts of interest that it was a duff deal. Ince, advised by Arden, disagreed. Ho. Ho. Ho.