Having soared towards 60p in August, shares in SRT Marine Systems (SRT, formerly Software Radio Technology) are currently around 8% lower today, at circa 40p, on the back of a “Half Year Trading Update” announcement. Hmmm, let’s take a look…
This morning saw encouraging final results from Software Radio Technology (SRT), a provider of “maritime domain awareness technologies”, i.e. radios and related products for seaborne vessels. It claims to be a world leader in tracking systems for ships and the 3D display of maritime data.
Having previously commented on Software Radio Technology (SRT) with the shares rising to circa 30p last summer (see HERE), I now update with the shares currently nudging further higher, to 33p, on the back of a trading update for the company’s year ended 31st March 2016. However, this has been far from a serene journey…
Developer of maritime domain awareness systems, Software Radio Technology (SRT) has announced an “approximately $5 million” contract for an “initial phase of a long term programme” for a national AIS Maritime Domain Management system. Is a share price rise to circa 30p, a fair reflection of current developments here?
On previously commenting on AIM-listed developer and provider of offerings based on the ‘Automatic Identification System’ maritime domain awareness technology, Software Radio Technology plc (SRT) I noted an approach to ALL investors and potential investors that should be applauded, but awaited operational delivery. The following updates on a trading statement which has helped the shares 4.5% higher on the day to 26p.
AIM-listed developer and provider of offerings based on the ‘Automatic Identification System’ maritime domain awareness technology, Software Radio Technology plc (SRT) has followed recent results and a placing by welcoming “both shareholders and non-shareholders” to attend its AGM and open day on 15th July (an approach in stark contrast to another (still) AIM-listed company - see HERE). The following update looks at the recent news flow.
Shares in Software Radio Technology (SRT) trade just over 3% lower on the day, at 23p, on the back of an update that substantial orders and shipments “may fall either side of the (31st March) financial year end” as “the exact timing of orders from the end customer, and therefore from our customer to SRT, remains unpredictable”. Having previously commented on the company HERE, the following updates.
A new year, a new horizon and for this month's Stock-Ping we look at Software Radio (SRT) or Software Radio Technology plc who develop and market AIS (Automatic Indentifying Systems), advanced radio communications based marine domain awareness products and systems for large vessels as mandated by the International Maritime Organisation, for the identification and tracking of water-borne commercial, homeland security and leisure vessels of all sizes to a global customer base.
AIM-listed Software Radio Technology plc (SRT), which describes itself as a developer of “advanced radio communications based marine domain awareness technologies, products and systems… to identify and track vessels of all sizes in leisure, commercial and homeland security applications”, has announced a trading update for its half year ended 30th September 2013, an acquisition and a director share purchase.
