Will this train wreck recover?
Results and updates covered here include nifty technologies, a serial underachiever, plenty of potential and an interesting recovery play. (Free to read)
SRT: will it ever deliver for shareholders? SRT Marine Systems (AIM:SRT) has always possessed plenty of potential but so far failed to consistently deliver - a quick glance at the share price chart tells thr story. The latest interim results for the AIM-quoted developer of maritime surveillance, analytics and management systems reflected another tricky period, with COVID induced delays. For the six months ending 30 September 2021 revenue rose 24% to £4.7m but operating losses climbed 16% to £2.8m as operations have been scaled up for delivery of the multiple systems projects expected over the next few years. More positively, following…