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Proteome Sciences – from in August “confident of maintaining the good performance into the second half” to now it has ‘faced a very challenging second half’!

By Steve Moore | Thursday 30 November 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.


Describing itself as “a specialist provider of contract proteomics services”, Proteome Sciences (PRM) has issued a “trading update” commencing that it “expects the US laboratory to be operational in the coming weeks and is lining up first customer projects for this laboratory” and including “increased customer activity in recent weeks”. So what of a current 4.525p share price, down by 25%?!
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