Instem – “largest ever” contract, but what about the overall financial picture?
By Steve Moore | Friday 2 September 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.
Instem plc (INS) has issued a “$12m five-year agreement with Leading CRO”-titled announcement and emphasises it “the largest ever received by Instem”. So what of a current share price response up to 660p?
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