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