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The fallen mighty: Two drunks propping each other up, Nomad and broker Cenkos merges with Finncap
It’s all an all share merger of equals, each side getting 50% of the enlarged equity, with every Cenkos shareholder getting 3.19420647 New FinnCap Shares for every one Cenkos held. A marriage of equals you say? That is to say two businesses that have been equally disastrous investments. Merge two bad companies and what do you get?Subscribe to ShareProphets to access Premium Content
- By Tom Winnifrith, the Sheriff of AIM
- 187 days ago
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