By Steve Moore | Thursday 22 May 2025
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Last week on self-described “leading supplier of advanced composite material kits to the aerospace market” Velocity Composites (VEL), I questioned whether a contract renewal announcement was attempted ramptastic ahead of recent half year-end financial detail as the shares rose to 26p. So what of the shares now back down below 24p on the back of a “Trading Update & Notice of Results” announcement?
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