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Shearwater – “Contract wins” and “momentum is continuing to build through H2”, but it needs to be!…

By Steve Moore | Friday 20 December 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.


‘Cybersecurity, advisory and managed security services group’ Shearwater (SWG) has issued a “£2.3m Contract wins” announcement, with CEO Phil Higgins “delighted to secure this landmark contract with a prestigious global financial organisation, as well as a number of smaller deals in the past week which include further penetration of central Government, a strategic priority for the group” and it added “momentum is continuing to build through H2”. What of this and the shares currently 4% higher in response at 39p?
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