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TT Electronics – after the covid bandwagon...

By Steve Moore | Friday 18 September 2020

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.

Last week I wrote on TT Electronics (TTG“Ground-breaking COVID-19 screening device launched” announcement, more Corona madness? as the shares soared above 260p. Now the company announces that “it has agreed to acquire Torotel… is expected to be part-funded by a separately announced equity placing”…

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