By Steve Moore | Monday 4 November 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 self-styled “leading smart home solutions provider” LightwaveRF (LWRF), in mid-August I noted discounted fundraising (as warned)… why the discount to the prior close then – and further to an approaching 9p share price in early July? A rise to that level followed the company being “pleased to announce that it has signed an agreement with Google to jointly market its Lightwave compatible smart speakers”. Now a “trading update for the year ended 30 September 2019”. After the placing only in mid-August, this should be ok then surely…
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