We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Turftrax | TTX | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.45 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.45 | 0.45 |
| Top Posts |
|---|
Posted at 20/7/2008 09:38 by jonwig dealy - can't comment on situation re administration of subsidiary company.JRVS is not a good comparison; the balance sheet explains: gearing of 2300% is scary enough for the market at any time, let alone the present. TTX went to market on the promise of its tracker device. This unravelled quicker than usually happens with innovative products which fail. Worth a punt? I wouldn't, as there's nothing left with the potential for a major recovery. |
Posted at 18/7/2008 12:05 by jdhurry I have to admit although I think TTX are a load of tosh 280k mkt cap seems ridiculous as it stands. Including the £310k they got this week I cannot see how they could have less than 1.5p cash per share. |
Posted at 15/7/2008 06:46 by jdhurry TTX floated on 30 January at 40p with a market cap of £17.59 million. They opened at 43.75p (over £19 million) and closed at 40p. Within days the share price was in freefall on minimal volume, and on 7 February they issued a no-known-reason-for-Then on 4 March 808700 shares were traded, and on 12 March another 336200. Apart from Arlington, the only major holders who weren't locked in were Nick Gold (2,002,500 or 4.52%) and Mr.J.Singh (1,381,722 or 3.12%) but since they're still listed as major holders it wasn't them dumping. Whatever, those big trades knocked another 5p off the price. Then between 21 May and 23 May Arlington dumped 2.5m shares at a 40% discount to market. These trades explain the second drop to an 11p close at the end of May. Then on 1 July the price fell from 9.12p to 5.22p on little volume. Presume the MM's got advance notice of the 2 July Trading Update! Why yesterday's big drop who knows? But here are some past FY figures: 31/3/05 £625,000 turnover (£2,637,000 loss after tax) 31/5/06 £855,000 turnover (£3,074,000 loss after tax) 31/3/07 £1,162,000 turnover (£3,021,000 loss after tax) And the last interims: 30/9/07 £644,000 turnover (£924,000 loss after tax) Seems to me this lot have been flogging a dead horse... |
Posted at 07/4/2008 07:42 by jonwig Sure Thing ... the update looks positive, especially if they can find ways for courses to finance the tracking system without the upfront costs.If not, progress will be slow. I wonder if this was the main reason why TTX didn't perform well after IPO? |
Posted at 06/2/2008 22:05 by tsmith2 TurfTrax Plc ("Turftrax" or the "Company"): Share Price MovementLONDON, 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 |
Posted at 06/2/2008 11:01 by kanwar Not a holder. Read about TTX, keep on my monitor, looks interesting. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
