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Posts Categorized: Strat Aero
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Strat Aero – 2016 results highlight progress towards break-even and beyond. Speculative Buy recommendation.
Long suffering shareholders in un-manned aerial vehicles (UAV) business Strat Aero (AERO) had some respite yesterday after the markets reacted well to results for the 2016 financial year. The shares finished the day up by 48% at 0.105p but still leaves the business capitalised at just £2.06 million. While the company faces many issues, not […]
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Strat Aero – Litigation over, time to move forward
Since our last update on Strat Aero, the AIM listed Unmanned Aerial Vehicle specialist, there have been several important developments. Firstly, the litigation with the CEO of acquired business Aero Kinetics Holdings, Mr. W. Hulsey Smith, on counts of alleged fraud and breach of contract, has been settled ahead of the previously set October court date. […]
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Strat Aero – fundamental reappraisal of prospects following landmark contract win
Investors in Strat Aero (AERO) were prompted to take a fresh look at the company last week as it announced that subsidiary Geocurve had won the largest contract in its history. For a company that has had its fair share of difficulties since listing on AIM in November 2014 this was a welcome piece of news. Many investors […]