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The Markets
by Proactive
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The Markets
by Proactive
Proactive UK has moved.
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Tech

Thruvision Group rallies on ad hoc trading update

Thruvision Group PLC (AIM:THRU, OTC:DIGTF) shares rallied as the firm released an ad hoc trading update, after recent weakness in the market price.

Whilst saying it was not aware of any specific reason for the recent price action, the company reported that it had received several orders from customers in the US, Indonesia, and Europe, with additional orders expected before the end of March.

It expects revenue between £5 million and £6 million for the year.

Thruvision also updated on its ongoing strategic review, noting that talks with relevant parties continue, and the company hopes to receive one or more offers for either an acquisition or additional funding.

A further stock market missive is expected in early April.

In London, trading at 0.94p after opening deals, the share price was up around 10% - but traded as high as 1.3p earlier.

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