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Surface Transforms – argues “remains on track”… but what about, for example, January 2012?...

By Steve Moore | Monday 20 July 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.

Surface Transforms (SCE) has updated including “despite the impact of COVID-19… revenue for the six-month period grew 55%… Cash at 30 June was £2,018k (December 2019: £770k) to which can be added the R&D tax credit, in excess of £300k, expected in September” – and the shares have currently responded to 27p, approaching 4% higher...

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