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Fusion Antibodies – trading update argues “securely positioned the company on a sound footing for growth”. But is it really?…

By Steve Moore | Tuesday 6 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.


Most recently writing on Fusion Antibodies (FAB), in March I noted a placing announcement included that “trading for the full year ending 31 March 2025 is expected to be broadly in line with current market expectations, with revenue of not less than £1.9 million” but the bottom-line excluded and that it will be very interesting to see the full-year results detail and balance sheet. So what is included today in a “Trading update”?

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