NetScientific PLC: Refinanced and focused on enhancing value
The easiest way to describe NetScientific PLC (LON:NSCI) is a ‘reset story’. By this I mean new management has come in, cut costs, refinanced, refocused, and, hopefully, put the business back on the guide rails to success. Like all reset stories, it will take the market a while to absorb what has occurred and appropriately value the business, which invests in technology and life sciences companies. While that may be a short-term inconvenience for management, it might also provide an opportunity for eagle-eyed investors. Shrewd stock pickers will already have spied a screaming anomaly. One...