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.
Featuring Cap-XX (CPX), Imaginatik (IMTK), Marechale Capital (MAC), Xtract Resources (XTR)
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Comments
Smudgedan
It looks like the technicals and fundamentals are both coming together on Marechale Capital.
The result of the the planning permission for a 50MW solar site at RAF Desborough is due by the end of July for Northfield Solar ( of which Marechale own 30%). They also have an appeal for planning permission on another site for 30MW at Normanton on Soar.
With a current market cap of less than £1.5m should either of these be successful then the upside is clear. The underlying business appears to be benefiting from an improved macro climate with larger deals mentioned on the website in recent months.