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Mobile Tornado – “contract win” ramptastic, how’s the balance sheet position now?!

By Steve Moore | Wednesday 8 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.


Describing itself as “a leading push-to-talk over cellular and workforce management solution provider”, Mobile Tornado Group (MBT) has issued a “Contract win with MNO in Middle East” announcement, just headlined “Push-to-Talk among range of solutions to support workforce management”. So what of a current share price response to 2.40p, up more than 150%?!
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