By Steve Moore | Tuesday 21 March 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.
Cross-border payments network company Earthport (EPO) is “pleased to announce” results for its half year ended 31st December 2016. This is with stated “highlights” including 5 million transactions (prior year corresponding period: 2.7 million) and payment volume of $7.80 billion (prior year corresponding period: $3.95 billion) – and CEO Hank Uberoi emphasising “confidence in our continued growth and prospects”. Why then are the shares currently more than 8.5% lower, at 24p?...
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