IN BRIEF: Fandango posts widened loss as awaits reverse takeover
5th Aug 2024 14:29
Fandango Holdings PLC - London-based investment company focused on the industrial and services sectors - Pretax loss widens to GBP776,000 in the financial year ended February 29, from GBP142,000 a year prior. Investment income falls to none from GBP138,000. Administrative costs increase to GBP724,000 from GBP279,000. Company shares remain suspended as it is currently aiming for a reverse takeover of European Battery Metals Pty Ltd, which has proceeded with slight delays. Fandango says the annual results include the running costs of the company and certain costs of the pending reverse takeover. The company aims to soon call a general meeting for the planned acquisition. Read More