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Provides refreshingly forthright, objective comment on small cap companies. Informed opinion, based on first-hand research, but pulls no punches in exposing management weaknesses.
Gas Turbine Efficiency (LON:GTE) - a cracking 1st quarter and the share price gets a boost
Posted 25/03/10
Hot on the heels of its recent announcement of an agreement to provide gas and steam turbine major outage field services to Tampa-based Entegra Power Group, the AIM quoted energy and aviation products and services group, impressed with news of an increase in expected revenue for the first quarter of 2010 sending the shares soaring 28%.
Continue reading... | Permalink | Filed under Gas Turbine Efficiency
GTE (LSE:GTE) - placing demonstrates there is life on the secondary AIM market
Posted 08/05/09
Gas Turbine Efficiency, the AIM quoted provider of proprietary cleantech systems for enhancing the performance of industrial and aviation turbines, announced the raising of £7m at 24 pence per share (current price 28p). In the current small cap climate this represents quite a vote of confidence in this small AIM industrial group, although it also results in quite a large dilution with the raising representing c28% of the enlarged share capital.
Continue reading... | Permalink | Filed under Gas Turbine Efficiency
