By Steve Moore | Friday 4 May 2018
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.
A 25th January update from “provider of technology and services for smart buildings and commercial spaces” RedstoneConnect (REDS) included “trading for the year ending 31 January 2018 is expected to be in-line with the board's expectations” and that it “expects to publish a trading update for the year ended 31 January 2018 in late February 2018”. The shares were then above 100p and were still almost 96p before a recent slump to 85p as nothing was heard from the company. Now a “Trading Update” announcement…
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