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Strat Aero – trading update, fundraising needed ahoy!

By Steve Moore | Thursday 11 February 2016


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.


Shares in drone company Strat Aero (AERO) currently trade more than 11% lower today, at 3.875p, despite a trading update including that “the directors are extremely encouraged by the securing of its first orders in the wind sector and also by the willingness of clients across its targeted areas of flood defences & quarries (UK), wind turbines (US & UK), cell towers (Ireland) and education (China) to pay for trials, which if successful, are expected to lead to much larger and longer term revenue streams later in 2016”. The following reviews…


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