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Transense Technologies – interim results, self-declared funding desperation

By Steve Moore | Tuesday 10 March 2015


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 sensor systems technology-focused Transense (TRT) currently trade 20% lower today, at 1.5p, despite an announcement that it has won a rental and service contract to supply 23 tyre monitoring systems for large haul trucks to the Glencore-owned Ravensworth mine. This is because of the detail of also-announced results for the six months ended 31st December 2014...


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