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 global provider of IoT communication and smart metering solutions”, CyanConnode (CYAN) two weeks ago issued a “£70m AMISP Milestone Contract”-titled announcement which wasn’t a £70m AMISP milestone contract and I concluded including it has previously been ramptastic here and ahead of its year ended 31st March 2025 results detail to be wary of the attempted ramptastic and continue to avoid. The shares were then 13p and most recently closed at 10.1p, and what about now a “Trading Statement”… and the shares currently falling below 8p?
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