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.
Previously writing on group which describes itself as “a leading developer of radiation and bio-detection technology solutions for the advanced imaging and CBRN detection segments” Kromek (KMK), last month I noted a new distribution agreement but asked what about financials?, and concluded continue to avoid. Now it “is pleased to announce that it has completed a fundraising of £1.14 million through the issue of convertible loan notes”.
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