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SRT Marine Systems – following July “pleased to provide” trading update, full-year results...

By Steve Moore | Monday 7 September 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.


Previously writing on SRT Marine Systems (SRT), in July with the shares at 37p I concluded I continue to wait for some meaningful net cash generation to be shown before reconsidering my decision to avoid. The shares last closed at 41.5p, but are currently back below 37p on the back of results for the company’s year ended 31st March 2020…

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