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By Steve Moore | Tuesday 23 July 2019
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.
Previously writing on Modern Water (MWG), earlier this month I noted “world-leading technologies” hey, but that previous update including “cash flows have been slower than anticipated from the Membranes Division and, consequently, additional working capital will be required in the short-term” and concluded the seeming lack of progress despite the issue being obvious for a while, sees me again concur with Nigel’s original analysis. Still a sell. Now another intra-day (this one 1:27pm) update!...
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