By Steve Moore | Wednesday 24 April 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.
Previously writing on products for the aerospace, defence, space and telecoms infrastructure markets company Filtronic (FTC), last year with the shares back towards 15p I concluded they for the watchlist with forecast strong profit rises but delivery timing concerns. What then of today “Strategic Agreement with SpaceX” and “Trading Update” announcements currently sparking the shares beyond 50p?
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