I added 50% first thing. This is about dates not product and thankfully they added to cash earlier. if all goes well 40p+ in a year. |
By the way, one of the poster Volsung’s favourite songs is by Rolf Harris. Says it all. |
Somebody got a bargain this morning! |
Boadicea
A takeover would be a tragedy for what could be a great UK business and investment given just a breeze of following wind.
Anyone who has run a business knows that once the revenue flows, even modestly, there is relief on cash flow and here its just exaggerated.
I’ll repeat for the deaf - It is only the cashflow that is relevant to the size of the business, SRT are clearly capable of everything else.
Ps own up who read the rns very quickly and got some at
12-14p ? |
Market maker is getting short of stock. Anybody who was inside is now free to deal. |
Sold half just in case they need to raise cash. Having seen what happened to SCE when share price went from 10p to 1p when raise required. |
Oh look someone else from the highly analytic homeboy stable. I think advfn is unique in having a collection of what presumably are look-at-the-size-of-mine boy traders posting. |
Rather interesting price action this morning to an event which should have been well predicted (i.e not without plural precedents!).
It illustrates that large government tecnical contracts are not viable for companies of this size unless they have very solid financial backers. That factor has just about enabled its survival so far and is again being tested. The final outcome must almost surely be a takeover by a heavyweight in the field and we can only hope it comes at a sensible valuation. |
Cavendish, SRT's broker, has withdrawn any target price and all forecasts saying they are under review. To me this implies they are not sure of what SRT are telling them. Even tranceivers is a screw up. |
Having read it again I see they have plenty of cash so it's a relief that no placing which would have been catastrophic. All things being equal share price shouldn't budge much today. |
AMT-don’t fall into that trap of ‘it’s in next year’
The question should be ‘is it coming at all’?
The VSP is a major reason we get drawn into this but what exactly is it after this latest disappointment? |
Can't follow it but I think they are saying sales will be 14m instead of 54m a 40m miss. The 40m will fall into next year. It would have been better to give a forecast rather than a mass of unconnected numbers. So if next year has an extra 40m, what else is there. What is the forecast, must be approaching 100m ?
If anyone can understand this then please clarify it for me with some simple forecasts. |
PF. It never rains on AIM..Sadly I'm I here too...I may switcj everything to the triple leveraged cash fund after this run.. |
Appalling RNS-even worse than the obvious leak suggested |
Always the same. Will they need a cash raise, if so at what price 3p ? in these markets. Really kicking myself for getting drawn in yet again. |
Just listen to yump lol. He's the expert. Lol. |
That’s a long winded way of saying we have missed our targets - again |
opportunities |
From linked in SRTS AtoN Business Development Manager Jeremy Peat
Just wrapped up an incredibly successful first trip to Tokyo, where I had the privilege of meeting the Senior Team at Zeni Lite Buoy. We had insightful discussions about Digital AtoNs in the Southeast Asia markets and explored a wealth of strategic opportunities. Looking forward to many more productive visits in the future! |
- - which I'm guessing would then tie into this from July 2023? |
Looks like this company: |
Our DAS man is obscuring the company name unfortunately. The mix of Chinese characters and Japanese make it difficult to guess without the entire name. |
Good end to to the day! |
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