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Catenae Innovation – interims not good… but it’s management and strategic change that matters - BUY

By HotStockRockets | Wednesday 4 July 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.


Catenae Innovation (CTEA) has announced its results for the six months ended 31st March 2018 showing a loss on limited revenue, though also emphasising “the group has been through a transformation both in terms of the group's management and also in its strategic focus... The group is now well positioned to focus on executing the new strategy, building revenues from the products and services now available to the group, particularly those utilising blockchain technology in the digital media and fintech markets”

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