From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Mobile Tornado – discounted subscription and debt conversion for “business development”?

By Steve Moore | Wednesday 1 March 2023


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.


Mobile Tornado Group (MBT) has issued a “Subscription, Debt Conversion and Trading Update” announcement including that its moves “will allow us to accelerate our business development activities further, with the recruitment of additional sales professionals in key markets and the execution of a much more intensive outreach campaign… and is now actively engaged with a number of potential new partners and customers”. So what of a share price currently approaching 5% lower at 2p?
You must be a registered member to read this story
ShareProphets is reader-supported journalism

Join us for free and gain access to three articles per month

Or become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

Bear

Banking Déjà vu

Monday »

Bearcast

Tom Winnifrith Bearcast: PILOW talk

 

ROO

The comedy continues at Deliveroo

 

Professor

A few thoughts on retirement

Tuesday »

SUPR

Buy Supermarket Income REIT