8th Jan 2016 09:46
LONDON (Alliance News) - MySale Group PLC Friday noted a movement in its share price and confirmed it knows of no reason for the movement, after shares in the stock dropped Friday morning.
Shares in MySale, an online retailer, were down 7.3% Friday morning to 41.00 pence having fallen to 36.08 pence earlier in the session.
The company said it remains comfortable with the update it provided to shareholders at the time of its annual general meeting in November. At that time the company had said it was on track to re-establish profitability in the year ending June 30, 2016, after incurring a loss the prior year, while continuing to invest in the technology platform and new markets in Asia.
MySale will report a first half trading update for the six months to end-December on January 19.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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