By Steve Moore | Thursday 25 June 2020
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.
February-announced half-year results from Transense Technologies (TRT) included “there has been a transformational change in the scope and commercial reach of the iTrack system, and the business has the potential to deliver a significant breakthrough in market penetration”. Now the company “is pleased to announce… in order to capitalise fully on the market potential of the use of the technology, the operational business and trading assets relating to the iTrack system have been transferred to ATMS”. For a high price then surely, given the noted scope and commercial reach...
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