Shares in self-styled “the leading smart home solutions provider”, LightwaveRF (LWRF) are more than 20% lower on the day to sub 2p – and this after they having closed on Thursday above 4p after results on the Tuesday…
Having updated on latest quarter trading yesterday and stated that it “expects shortly to release its audited final results for the year ended 30 September 2019”, now “LightwaveRF plc (LWRF), the leading smart home solutions provider, is pleased to announce its audited final results for the year ended 30 September 2019”. Didn’t it know yesterday the “shortly” was going to be today?!...
LightwaveRF (LWRF) has updated including “following a successful first two months of this financial year, which included Black Friday and Cyber Monday, the company has continued to make progress”. The shares though currently remain down at below 5p in response…
“LightwaveRF (AIM: LWRF), the leading smart homes solutions provider, announces that application has been made for 944,680 new ordinary shares to be admitted to trading on AIM. These shares, which have been subscribed for at 7.0 pence per share, are being subscribed for by Committed Capital and other subscribers including two directors of the company” – and the shares are currently soaring in response…
LightwaveRF (LWRF), “the leading smart home solutions provider, provides… trading update for October 2019 and November 2019, being the first two months of the company's financial year”, including emphasising “the early indications for the current financial year are positive”…
A “Placing and Subscription” announcement from LightwaveRF (LWRF) in August included “the board believes the additional funds will accelerate the company into becoming a significant, profitable Smart Home device and technology player… following completion of the fundraising, the company confirms that it will have sufficient working capital for its present operational requirements”. Today “Strategic Review including formal sale process”!...
Recently writing on self-styled “leading smart home solutions provider” LightwaveRF (LWRF), I commented including despite Chief Executive Jason Elliott arguing “we anticipate early further progress with some major customer initiatives and revenue soon returning to run rates seen prior to Q4”, the shares have currently responded around 30% lower, towards 4p. This likely reflects cash concerns. Now an announcement of “Research and Development Tax Credit Loan Facility”…
Previously writing on self-styled “leading smart home solutions provider” LightwaveRF (LWRF), in mid-August I noted discounted fundraising (as warned)… why the discount to the prior close then – and further to an approaching 9p share price in early July? A rise to that level followed the company being “pleased to announce that it has signed an agreement with Google to jointly market its Lightwave compatible smart speakers”. Now a “trading update for the year ended 30 September 2019”. After the placing only in mid-August, this should be ok then surely…
Previously writing on self-styled “leading smart homes solutions provider” LightwaveRF (LWRF), in June I noted still there looks clear cash risk and I continue to avoid. Now “Placing and Subscription”…
Previously writing on “leading smart home solutions provider” LightwaveRF (LWRF), in April I concluded with the shares back above 8p that I continued to avoid. Today a “European distributor order” announcement including CEO Jason Elliott emphasising “it is incredibly encouraging to see one of our newer partnerships, which is directed to developing our European markets, making such strong early progress with this sizeable first order”…
CEO of self-styled “leading smart home solutions provider” LightwaveRF (LWRF), Jason Elliott, is “delighted that Lightwave has maintained the momentum of significantly improved revenue in the quarter” – and the shares have currently responded back above 8p, 10% higher…
“LightwaveRF (AIM: LWRF), the leading smart homes solutions provider, is pleased to announce that… it has successfully raised gross proceeds of £2.50 million through a placing of, and a subscription for, an aggregate of 29,411,780 new ordinary shares at a price of 8.5 pence per share”. Hmmm…
LightwaveRF (LWRF) has this week followed a “Partnership with Honeywell Home by Resideo” RNS Reach announcement from last week with a “UK consumers connect with the Smart family” such announcement. Hmmm…
LightwaveRF (LWRF) has announced results for its year ended 30th September 2018, including Chairman Barry Gamble stating “your company continues to make considerable progress on a number of fronts. Excellent product endorsements, such as being described as ‘the best UK (Apple) Homekit solution for smart lighting’, amply demonstrate our proven technology, even as the company presses ahead with further developments and more international variants”. So why do the shares remain depressed, below 7p?...
LightwaveRF (LWRF) is “delighted to have signed an agreement with another high-profile retailer… the leading smart home solutions provider, is pleased to announce a distribution agreement with Dixons Carphone”. Great news? Er…
