Natuzzi S.p.A.’s stocks (NTZ) keep spiraling down, marking new all-time lows almost every week.
A worse-than-expected Q1 release, as well as the structural lack of shares liquidity, fueled more trouble as well as frustration in its remaining shareholders, causing the stocks to drop more than 50% in three months, from levels that were already depressed.
Surprisingly enough, no serious buyer is showing interest in them, despite the bargain price and the company’s multiple sources of fresh capital, such as new joint ventures or IPOs in different Stock Exchanges, to name a few.