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Real-Time news about Turftrax (London Stock Exchange): 0 recent articles
|jonwig: SureThing ...
" ... Turftrax who have an almost identical speed sensing system in place on a large number of tracks."
A large number of tracks - that's a big statement. I thought a big part of their problem was rolling their system out.
But competition would be worldwide here, and Trakus is in the frame.
I might sound as though I have a downer on this share, but the Admission Document is very thin, and newsflow since float equally so. Let alone the share price.|
|surething1: Clearly awful for such a big drop in the share price. However, for anyone who believes in it, not only can they pick it up far cheaper now than they could last week but with all the different buys that seem to be going through, I reckon it will be a bit more liquid. It is not a good market for a stock to be held so tightly by only Pre-IPO/IPO holders and only a handful of aftermarket buyers. Atleast, £2000 orders wont be moving the price 5% now!
PHrealestate, may I ask which firm had been advising you out of interest? What were they saying about it?|
|jonwig: Must be galling for a company to have to put out such an announcement when they'd rather be toasting the float with bubbly!
You'd think a lot of savvy PIs were also knowledgeable of the racing scene, and have bought in to support a company with a great future, no?
But for those of us who are less expert, I notice that the Admission Document is rather thin on information.
Anyway, when this sort of share price action happens, I'm more inclined to steer clear than grab an apparent bargain.|
TurfTrax Plc ("Turftrax" or the "Company"): Share Price Movement
LONDON, February 6 /PRNewswire/ -- The board of TurfTrax (LSE: TTX) has noted the recent decline in the Company's share price and can confirm that there has been no change in the Company's current position and reaffirms their confidence in its prospects, as detailed in the Admission Document dated 8 January 2008, and knows of no reason for the decline.
For further information:
Nicky Green TurfTrax Plc +44-1722-434-000
Liam Murray (Nomad) City Financial Associates Ltd +44-207-492-4777
Stephen Goschalk Newland Stockbroker Ltd +44-207-290-2414
Andrew Tan Hansard Group +44-207-245-1100
Distributed by PR Newswire on behalf of TurfTrax Plc|
Turftrax share price data is direct from the London Stock Exchange