By Steve Moore | Tuesday 2 August 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.
Flowtech Fluidpower (FLO) opens an announcement today with that it “is pleased to announce the further strengthening of its product offering in the hydraulics sector through the acquisition of Triple Six Limited, and provide an update ahead of the release of the company's half-year results”. The shares are currently 5% lower, at 105p, in response. Hmmm…
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