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Surface Transforms – argues “pleased to announce” results… but what about the underlying cash burn?

By Steve Moore | Monday 28 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.

Writing earlier this month with the shares then having soared to 47p, I reviewed Surface Transforms (SCE“truly game changing” contract award. Is it?, & how’s the current financial position?. Now “pleased to announce” results for the first half of 2020…

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