This morning's announcement from PEN highlights significant mitigations of some of the Covid-19 risks identified in its recent Report & Accounts, notably where cash and working capital are concerned. From this perspective it is highly reassuring that major invoices to the tune of £2m in relation to PEN's contract with General Dynamics (GD), delayed by the practical issues around milestone meetings during the pandemic crisis, have now been raised, with help from virtual technology, and that writ ....
26 May 2020
WHI First Light: Pennant International (PEN)
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WHI First Light: Pennant International (PEN)
Pennant International Group plc (PEN:LON) | 28.5 0 0.0% | Mkt Cap: 10.5m
- Published:
26 May 2020 -
Author:
Nick Spoliar -
Pages:
5
This morning's announcement from PEN highlights significant mitigations of some of the Covid-19 risks identified in its recent Report & Accounts, notably where cash and working capital are concerned. From this perspective it is highly reassuring that major invoices to the tune of £2m in relation to PEN's contract with General Dynamics (GD), delayed by the practical issues around milestone meetings during the pandemic crisis, have now been raised, with help from virtual technology, and that writ ....