By Steve Moore | Wednesday 6 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.
Recently writing on self-styled “leading smart home solutions provider” LightwaveRF (LWRF), I commented including despite Chief Executive Jason Elliott arguing “we anticipate early further progress with some major customer initiatives and revenue soon returning to run rates seen prior to Q4”, the shares have currently responded around 30% lower, towards 4p. This likely reflects cash concerns. Now an announcement of “Research and Development Tax Credit Loan Facility”…
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