Torotrak
Group’s share price falls to an all-time low as the company appears to have
lost direction.
FRIDAY 1 December 2017
marked a grim day for Torotrak Group as its share price fell to an all-time
low. No statements seemingly are being issued and the company’s website gives
no email addresses for shareholders to contact staff.
The last news item
appeared 27 July 2017 when the company issued final year results for the period
to 31 March 2017.
On the basis of the latest
share price the company would seem to be almost worthless as directors appear
to have lost all sense of both direction, motivation and momentum. A sad testament to those
who have committed time and effort over the years to developing three main
technologies: Torotrak’s (Perbury’s) CVT, V-Charge and Flybrid. And Allison? Little seems to be heard about its involvement with the beleaguered UK company which was spun out if BTG all those years ago.
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