Market's view on Kromek
Published on April 2024
- There are opinions suggesting that the company needs a steady flow of orders to make progress, as it has just been managing to stay afloat.
- Some stock watchers are hesitant to invest further unless there’s a consistent upward trend in the share price.
- The company has recently announced a significant contract win, which has been well-received, and further similar announcements are anticipated in the near term.
- There are concerns about the CEO’s ability to steer the company effectively, with suggestions that a change in leadership might be necessary to save the company.
- The company has undergone considerable shareholder dilution, with a significant increase in the number of shares issued over a short period.
- Recent financial reports indicate an improvement in revenue and a reduction in losses, suggesting a positive trajectory for the company.
- Concerns were raised about the lack of female representation in the company’s board and management team.
- There are observations on the conversion of significant debt into new ordinary shares, which might influence current shareholders’ stakes.