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LifeSafe – “access to a global market valued at $9 billion annually”. Ramptastic, I wonder why!…

By Steve Moore | Thursday 2 May 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.

Fire extinguishing and prevention fluids and fire safety products company LifeSafe Holdings (LIFS) has announced an “Industrial partnership agreement with Trinity” (Fire & Security Systems Ltd), with LifeSafe Chairman Dominic Berger arguing “this partnership marks a significant milestone for LifeSafe and will provide access to a global market valued at $9 billion annually”. What about it currently ‘sparking’ (apologies!) the shares 25% higher to 15p, though a £4.2 million market cap?
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