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- Jan 7, 2014
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- United Kingdom
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What are the chances they cease trading soon? I thought that was what was going to happen in January but it seemed to resolve itself.
Nektan go into administration (again)
- Thread starter joffyy
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What are the chances they cease trading soon? I thought that was what was going to happen in January but it seemed to resolve itself.
- Joined
- Dec 18, 2014
- Location
- Balcony
Well, they sold the UK B2C part in a fire-sale in Jan 2020 to GraceMedia, part of Active Win who owns Betfred for a dreadful price of GBP200K in an effort to generate cash revenue and keep its B2B business going.
Looks like that was just a drop in the ocean and the B2B part is now on the line as well. Wonder, who's gonna scoop it up as it will be available for peanuts.
Their interim report from 31st March 2020 is dreadful which probably led to the trade suspension.
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Looks like that was just a drop in the ocean and the B2B part is now on the line as well. Wonder, who's gonna scoop it up as it will be available for peanuts.
Their interim report from 31st March 2020 is dreadful which probably led to the trade suspension.
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