By Steve Moore | Friday 30 June 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.
Previously writing on printed circuit technology products manufacturer Trackwise Designs (TWD), last month with the shares falling to below 0.60p I questioned is a material and timely sale and/or material orders from the ‘pipeline of sales opportunities’ really likely to arrive to bail the company out now? And concluded, having already had a desperate bailout equity raise as recently as January, again hopefully my prior warnings were heeded and still avoid/sell. Today from the company a “Delay of Results and Trading Update” announcement. Uh oh!
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