Filtronic Share Price (FTC)

Https://twitter.com/Filtronic/status/1770381387960287667?s=19

The following is cut & pasted from the end of the most recent contract RNS. I reckon we won't have to wait too long to hopefully hear that FTC have been awarded the contract to produce!

Good luck!!

The second contract with the same customer is a development agreement to accelerate the design and prototype delivery of an E-band module that would form part of the satellite payload and provide downlink connectivity to the E-band ground station. Subject to successful qualification testing and field trials this module will represent the first Filtronic product designed for space flight and is key part of our strategy to address the satellite element of the LEO space market.

Richard Gibbs, Chief Executive Officer, commented: "We are very pleased to continue our partnership with the leading global provider of LEO satellite broadband services, and proud of the way we have scaled our operations to supply production volumes of the Cerus32 SSPA module for their ground station network. The fact that the customer has also decided to fund Filtronic for their second-generation payload solution, due to be launched later this year, is a further testament to our credibility and expertise in RF design, and our ability to bring complex RF products to market for an aggressive launch schedule".

With the sp hardly moving/resisting calls to fall I think the best option is to wait for another contract win and then watch it take off into the 40s

Well written article on Www.the armchairtrader.com . In contrast with the article in the Times by William Kay, who despite being a professional failed to any research and needed to do add silly quips about imaginary cigars. All imo dyor

Don't blame them! They probably bought at about 10P or less, a very healthy profit!!