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2020-05-05

Nitro Games Oyj: Redeye: Nitro Games - A Fair Chance to Realize its Vision

Redeye views the new partnership with Nordisk Film Games as very
positive in building a strong team and execute on the new strategic
focus. However, we estimate these investments will result in a
negative cash-flow for the next few years. We believe Nordisk Film
Games will acquire Nitro Games in 1-3 years. The timing of the
acquisition and the price tag will depend on how well the company
will realize its vision.

Read the initial research report: https://bit.ly/2WqIkRj

Start following companies at Redeye to receive the latest equity
research within Life Science and Technology.

This is a press release from Redeye - Research Powered Investment
Banking. https://www.redeye.se/about/

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https://news.cision.com/se/nitro-games-oyj/r/redeye--nitro-games---a-fai...

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