The group’s AGM statement provides comfort that market conditions have been stable, with full-year results expected to be in line with forecasts, based on the anticipation of higher H2 revenues. The development of the SABER RSS product remains on track and offers significant growth potential. Finances remain strong, with net cash of $5.2m currently, with cash utilised on investment in the MWD rental fleet and development of SABER. The shares remain deeply undervalued ahead of the expected positi ....
23 Sep 2021
Enteq Upstream - AGM trading update – on track for FY expectations
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Enteq Upstream - AGM trading update – on track for FY expectations
Enteq Technologies plc (NTQ:LON) | 9.0 0 0.0% | Mkt Cap: 6.45m
- Published:
23 Sep 2021 -
Author:
David Buxton -
Pages:
3
The group’s AGM statement provides comfort that market conditions have been stable, with full-year results expected to be in line with forecasts, based on the anticipation of higher H2 revenues. The development of the SABER RSS product remains on track and offers significant growth potential. Finances remain strong, with net cash of $5.2m currently, with cash utilised on investment in the MWD rental fleet and development of SABER. The shares remain deeply undervalued ahead of the expected positi ....