So undervalued8 Feb 2026 09:15
Most oversold in over 3yrs after an early 2026 drop from £1.40 to £1.10, then a further drop to 66p after the update .
Small cap of less than £10mln with 15mln shares in issue with total Directors and Significant Shareholders owning 44%.
https://www.transense.com/investors/significant-shareholders
A solid business, where end year cash always been £1mln+ for last 4yrs
Accordingly, the Company now expects that Group revenue for FY26 will be not less than £5.2m, including approximately £2.0m of royalty income
Plus c £1mln cash and haven't raised cash for over 5yrs.
Every final results they have similar levels of cash at year end ( c £1.1mln to £1.3mln as shown in last 4 year end of year results
New broker note Feb 2025 with price target of 3.5x current share price and if you read the full report they have more cash than 2024 December and 0.6 million extra in the treasury, to use for extra head room.
Cavendish also state there is much opportunity and expectation to lift this 251p target