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.
A “Cordel AI Technology Certified by Network Rail”-titled announcement from Cordel Group (CRDL) today which includes Cordel CEO John Davis emphasising “Network Rail has some of the most stringent infrastructure monitoring standards in the world, and we believe this approval consolidates our position as the most advanced supplier of AI-driven railway infrastructure insights”. So is a current 6.5% higher share price response to above 6p to give a £13.2 million market cap justified or is the announcement ramptastic?
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