OWNERSHIP STRATEGIES

* Modern Water amazed the sceptics by raising £30 million in an initial public offering on the Alternative Investment Market of the London Stock Exchange in June.

The company is described as a “very early stage, pre-revenue” start-up. Its main asset is an interest in a desalination technology which is said to reduce energy consumption by up to 60%. The company has been very coy about the details of the technology, although it appears to use chemical dosing to ease the flow through the membranes. Our resident ...

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