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Tip update: Transense Technologies builds its cash pile

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Transense Technologies (LON: TRT) is finally coming to the attention of investors and the share price is recovering. There appears to have been some scepticism previously. The cash generative abilities of the business are even more obvious than before and, importantly, the company is achieving broker forecasts. Transense Technologies does not require any more cash from shareholders because of the growing cash pile.

In the six months to December 2022, revenues improved from £1.2m to £1.64m an...

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