Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Most recently writing on ‘regenerative medical devices’ group Tissue Regenix (TRX), at the end of last month with the shares down towards 15p I concluded that my ‘“remains confident of achieving profitability at the adjusted EBITDA level for the full year in line”, but how confident to really be of that?’ caution looked to remain valid and still avoid/sell. The shares most recently closed at 9p and what about them currently further down on an “Update re. FY24 & H125 restatement & Board Changes”-titled announcement?
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