By Steve Moore | Tuesday 22 February 2022
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.
Previously writing on X-ray imaging company Image Scan (IGE), in November with the shares falling below 2.65p I noted that I retained prior caution with the travel limitations and furlough having also benefitted costs and a period-end order book of £516k (2020: £633k). The shares last closed at 3p…but have currently halved on the back of a trading statement. So what’s going on?…
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