Kromek – “delighted” with nuclear security contracts wins, what about the balance sheet?
By Steve Moore | Monday 12 December 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.
Kromek Group (KMK) states that it is “delighted” to have been awarded two contracts to supply European government end-users “totalling £1.5m, for the supply of its D3M and D3S-based nuclear security products. Delivery will commence immediately and the revenue will be received in Kromek's current financial year”. So what of a current share price response up approaching 8% towards 11p?
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