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Lenzing Needs Fresh Capital

The Austrian fiber producer Lenzing is once again raising funds from its investors. However, a major shareholder is shifting its position. Analysts are skeptical.

$LNZ (+8.03%)

Quelle: Handelsblatt

www.handelsblatt.comÖsterreich: Lenzing braucht frisches Kapital, der Großaktionär zögert

3 Comments

burnheart@burnheart

It's a real shame how things have turned out—it's a great company, but the market environment is currently extremely challenging.

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Scalper@ScalpingSteve

22H

@burnheart Yes, but there's also no continuity in management; they just react instead of taking action, and by then it's usually too late. Unfortunately…

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Scalper@ScalpingSteve

I am out *drops mic*

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