By Steve Moore | Wednesday 11 September 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 videogames developer and publisher Frontier Developments (FDEV), in June with the shares rising to around 300p I retained prior caution including noting publishing rights sale contribution and I’d like to see the remainder of the balance sheet. So what of now results for the company’s year ended 31st May 2024 and the shares currently more than 9% further down to below 220p?
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