My attention this morning was drawn by an RNS from TrakM8, a company I used to own shares in but, thankfully have not since 2017.
TrakM8 has proved a pretty awful investment for its shareholders, with its share price declining by some 70% in the last year alone and by more than 90% since its peak in late 2015. This is on the back of disappointing revenue growth, declining profits and weak cashflow, ultimately necessitating placings at 65p in 2017 and at ...