Filtronic - Space To Go Higher

We have had a wonderful run with the shares of Filtronic, having risen 342% in the last year. However, Mark Watson-Mitchell says Hold Tight, with news expected shortly.

Ahead of Filtronic (LON:FTC) announcing its Interim Results to end-November, possibly on Monday 4^th February, I have noted that its shares are moving gently better.

Last night they closed up 8.22% better at 82.25p, on the back of a massive chunk of trading in the stock.

Some 4.4m shares changed hands, which is some five times the normal dealing average.

That values the group at around £180m.