For yet another RI? Few big brains in this co, fine products- potential , but will take few senturies for mwg to make profit. Somebody might have a punt with it and buy it for 5m which I reckon would be mcap by h2 of next year should mwg be unsuccessful with new RI. They have no borowing cose nobody would lend to nonprofitable business that has losess dwarfing to. On the bright side mwg can't be shorted( easily).
Modern Water plc (AIM:MWG), which owns leading water and wastewater treatment technologies and supplies advanced systems and equipment for monitoring water quality, announces today that Neil McDougall, Executive Chairman, will step down from the board with effect from 31 December 2014 in order to pursue other interests. He will remain a consultant to the business during 2015
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