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 provider of design-in and manufacturing services to those acquiring industrial technologies, Solid State plc (SOLI) are currently circa 33% lower, at around 350p, on the back of an announcement that the company has been informed of a Ministry of Justice decision to terminate its contract for electronic monitoring hardware. Is the share price response too harsh a sentence or not? …
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