IN BRIEF: Primorus Investments ups stake in Fresho
Primorus Investments PLC - London-based small and mid cap investor - Acquires an additional 1.3 million shares at AUD1.15 each in wholesale food online ordering software firm Fresho Pty Ltd. Total consideration is around GBP740,000 and following this Primorus maintains a 5.0% stake in Fresho. In the year that ended June 30, Fresho generated a turnover of AUD4.0 million, approximately GBP2.0 million, and made a loss of AUD4.5 million. Read More