12th Sep 2023 13:43
Afentra PLC - upstream oil and gas company focused on acquiring mature production and development assets in Africa - Reports a pretax loss of USD3.9 million in the six months ended June 30, widened from USD2.9 million the year prior. Posts no revenue, unchanged from the previous year. Loss widens as pre-licence costs rise to USD2.2 million from GBP1.6 million. Company's cash resources as at June 30 fall to USD15.7 million from USD35.1 million at the same time a year prior.
Current stock price: 24.35 pence
12-month change: down 13%
By Heather Rydings, Alliance News senior economics reporter
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