Market's view on Mobile Tornado
Published on April 2024
- Stock watchers speculate a potential placing as trades are hard to judge whether they are buys or sells due to market maker delays.
- A stock watcher re-entered the stock at a price below 1p, considering it a gamble.
- Mobile Tornado Group PLC has extended its loan facility with InTechnology PLC for an additional year and increased the maximum principal amount, aiming to finance ongoing investment in research and development.
- There is anticipation of positive news before the end of the fiscal year, with a stock watcher considering re-entering based on this optimism.
- Stock watchers discuss the volatility and risk associated with the stock, highlighting the renewal of a loan facility as a point of interest.
- There is a mention of several job postings by Mobile Tornado, indicating potential upcoming developments or expansions.