Cyber security group Falanx (FLX) has issued a trading update noting full-year organic revenue growth of circa 14% and “the pipeline is not only much larger in terms of financial value but also has a high level of advanced prospects”. So what of a current approaching 22% share price rise to 0.70p?
Back in March 2019, cyber-security play-cum-jam-tomorrow producer, Falanx (FLX), sacked its Nomad (Spark Advisory) and “upgraded” to Stifel. Three years later, there is a new change. It all makes no sense.
Cyber Security services group Falanx (FLX) has announced results for its half-year ended 30th September 2021 and “good trading so far in the second half of the year”. So what of a currently just slightly up 1.275p share price?...
Falanx Group (FLX) “is pleased to announce the launch of its new cyber security assessment tool, Falanx: Cyber Exposure Level ("f:CEL")” – and the shares are currently 1.225p, approaching 17% higher. Is a market cap of now £6.4 million justified?...
There were two reasons why I eventually dumped my shares in Falanx (FLX) at a loss. The first was serial non delivery. There was a different excuse every time it missed targets and I shall turn to today’s abject trading statement in a separate piece. Suffice to say that if this company predicted that the sun would rise tomorrow, my instinct would be to dismiss this as just another fanciful aspiration. The second is the issue of share options.
A “Triarii to include Microsoft Azure Sentinel”-titled announcement from ‘cyber security and strategic intelligence services group’ Falanx (FLX) and the shares currently 50% higher in response, to 1.425p. Does that seem justified?...
A “Confirmation of successful fundraising” announcement from Falanx Group (FLX). With the shares having reached 1.9p last month and last closed at 1.175p, what are the details of this “successful fundraising”?...
