Smartspace Software – emphasises “strong revenue growth”, so why a further share price fall?
By Steve Moore | Tuesday 16 August 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.
Describing itself as a “leading provider of 'Integrated Space Management Software' for smart buildings and commercial spaces”, Smartspace Software (SMRT) states it “is pleased to announce a trading update for the six month period ending 31 July 2022”. So why have the shares currently responded to the announcement down 6.5% to 43.5p?
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