By Steve Moore | Wednesday 18 October 2017
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.
Arguing it is positioning “to capitalize on significant projected increases in spending” as suggested by it having “reported a strong set of financial results for the six months ended 30 June 2017”, Ubisense (UBI) “is pleased to announce it has raised £5.5 million (before expenses) from a placing in order to support growth plans and strengthen its balance sheet”. Hmmm, let’s review…
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