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Software Radio has a good story to tell, but the unpredictable nature of orders has tested our patience once too often
January 29, 2014

Timing of orders has always been the Achilles heel of Software Radio Technology (SRT). And so it has proved again. With just nine weeks of the financial year left, the maker of vessel tracking devices has warned that a number of potentially large orders may miss the 31 March deadline. If they do, full-year revenue could be up to 60 per cent shy of forecasts, plunging the business deep into the red.

IC TIP: Sell at 22.5p