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IN BRIEF: Primorus Investments ups stake in Fresho

20th Sep 2024 09:55

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.

Current stock price: 3.00 pence, flat

12-month change: up 1.7%

By Elijah Dale, Alliance News reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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