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SRT Marine Systems – deliveries slippage risk… so change of year end?!

By Steve Moore | Friday 8 March 2024


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 maritime surveillance systems and navigation safety products company SRT Marine Systems (SRT), in June last year with the shares down towards 51p I noted cash flow and valuation concern and to continue to avoid. The shares most recently closed at 31.6p and now a “Change of Year End and Business Update”-titled announcement.

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