Following the news in the recent trading update that the location data verification product, Verify, was performing ahead of schedule Location Sciences (LS) has raised £0.41m primarily to invest in and market a product that is scalable across the world. LS is well-positioned to take advantage of location data becoming a more mainstream marketing tool. With no changes to our forecasts (we have not adjusted for the increased number of shares in issue at this stage), we retain our 0.05p DC
14 Jun 2018
Placing to promote verification product
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Placing to promote verification product
Sorted Group Holdings Plc (SORT:LON) | 82.0 0 0.0% | Mkt Cap: 3.47m
- Published:
14 Jun 2018 -
Author:
Robert Sanders -
Pages:
2
Following the news in the recent trading update that the location data verification product, Verify, was performing ahead of schedule Location Sciences (LS) has raised £0.41m primarily to invest in and market a product that is scalable across the world. LS is well-positioned to take advantage of location data becoming a more mainstream marketing tool. With no changes to our forecasts (we have not adjusted for the increased number of shares in issue at this stage), we retain our 0.05p DC