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Altitude Group – “cash… in line with management's expectations”, But...

By Steve Moore | Wednesday 30 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 self-styled “operator of the leading marketplace for personalised products” Altitude Group (ALT), in July with the shares 17.5% lower on the day at 23.5p I concluded cautious of the required recovery in transactional volume through 2020, with my prior update on the company and with a still more than £16 million market cap, natch still bargepole / sell. Now “Postponement of Results and Trading Update”, and the shares at 14p…

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