Yesterday the shares of SRT Marine Systems (LON:SRT), the marine domain awareness specialist, fell by 15.5% to 46.50p, following comments about the company’s founder Simon Tucker published in the Philippines press.
Company Response to Philippine press reports
“SRT notes the recent share price movement and reporting in the Philippine press with regard to the IMEMS fisheries project.
As noted via an announcement on 24 April 2024, SRT clarifies that the IMEMS contract was won following an open and competitive international tender, which has been successfully implemente...