By Steve Moore | Saturday 15 January 2022
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.
‘Smart’ buildings and commercial spaces software company SmartSpace (SMRT) states that it “is pleased to announce a trading update… the group has been progressing its objective to build a high growth SaaS business with strong recurring revenues and consequently, expects that results for the full year ending 31 January 2022 will be in line with market expectations”. At a current 75p share price, why though are the shares down from above 180p as recently as July?…