LiDAR wind sensors for wind turbines company Windar Photonics (WPHO) has announced restoration of trading in its shares following the publication of accounts and with a £1.8 million placing at 15p per share. So what of a share price up to 15.5p, a prospective £10.3 million market cap?
Previously writing on LiDAR wind sensor technology company Windar Photonics (WPHO), towards the end of last year with the shares up to 18p I noted a second order doesn’t validate the system and that a substantial market to target is very different to substantial cash-generative orders and to continue to avoid. Now an update from the company... and the shares currently slumping to 6p, so what’s going on?...
LiDAR wind sensor technology company Windar Photonics (WPHO) “is pleased to announce that it has received a second volume order under the company's global distribution agreement with Vestas Wind Systems A/S”. So what of a current more than 4% share price rise to 18p?...
LiDAR wind sensor technology company Windar Photonics (WPHO) is “very pleased to report that our efforts over the last couple of years, in partnership with Vestas, are now starting to generate substantial orders”. How substantial and what of a current 13% increased, approaching 20p, share price?...
Previously writing on Windar Photonics (WPHO), in December I concluded that I retained balance sheet concerns and still on the bargepole list. The shares rose significantly earlier this year but have since fallen significantly back again and are currently a further more than 11% lower, at 16p, on the back of half-year results the company argues show an “encouraging project pipeline”.
’Technology group that develops cost-efficient and innovative Light Detection and Ranging optimisation systems for use on electricity generating wind turbines’ Windar Photonics (WPHO) has made an “Issue of Equity & Trading Update”. This includes that second half sales are “expected to represent more than four times the value achieved in the first six months of the year and more than double the comparable period in 2019”... So why have the shares currently responded more than 4% lower, to below 11p?...
Having been apparently unable to publish its 2019 calendar year results until 6:32pm on Friday, today from LiDAR wind sensor company Windar Photonics (WPHO) delayed results for the first half of 2020, though with CEO Jørgen Korsgaard Jensen “very pleased that the company has… managed to reduce the EBITDA loss and substantially improve on operating cash flow performance”. The shares have though responded to 18p, more than 7.5% lower...
