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I thought the reason for the fall was clear making very little money
I thought the reason for the fall was clear making very little money
0.2% of £400million
Will post later phone playing up
Where has this 1,000,000 revenue figure come from? Cite evidence or you picked it out of your arse.
Are we going to get people to buy this share before next week's results? The board will be raging. Next week's results can't get us out of this mess. Nasdaq will seriously looking at our MC and thinking that we can't justify that.
0.2% of 400million is very small
It's strange that even after an RNS stating no reason for the fall, the sp is still dropping. Is some big sell going through?
£28 million in cash and significant revenue, what I'm I missin?
Where did you get that from?
Hard to see that the company is fine when they have gross income of £1,000000 so far this year
Hard to see that the company is fine when they have gross income of £1,000000 so far this year
Company said everything fine
This ones bouncing around all over the place! No reason for the movement: RNS Number : 6719B BNN Technology PLC 05 April 2017 5 APRIL 2017 BNN Technology PLC Statement re share price movement and Trading Update The Board of BNN Technology (AIM: BNN), a London-listed Chinese technology, content and services company has noted the share price reaction over the past week and is not aware of any reason for today's share price movement. Trading Update Gross Transaction Volumes (GTV) through the company's platform have continued to progress well in recent weeks. Gross transaction volume has grown by 46% to over £400 million in the three months to March 2017, following £273 million in the three months to December 2016. The company's financial results for the 12 months ended 31 December 2016 are scheduled to be released by the end of next week. The company's NASDAQ listing process is also progressing, as previously announced. We are working towards completing the listing in Q3 2017. Supported by the launch of the recently announced motorist platform, which we expect will generate revenues in H1, we continue to expect significant revenue growth for the Group in the current year. Since the initial announcement, we have added a second major fuel retailer to the motorist platform, in addition to the market-leading operator already reported. The company continues to operate with a strong and healthy balance sheet, and began the calendar year with approximately £28 million of cash and cash equivalents.
Back to 24% down. This is a determined assault!
Perhaps because it is? Not allowed to mislead in an RNS! You are guessing and now questioning facts? Embarrasing?
How can they possibly say nasdaq is progressing well. They are not going to discuss any information they wouldn't be allowed to. Would that not be price sensitive? This Rns was only put out to stop the bleeding nothing else. Still don't like what happened today. There is a strong smell coming from this.
Just looked at this, Nasdaq listing looks very good, if tweeter and snap which don't make any profit and worthy of billions surely this one is dirt cheap
Looks to me like that quick drop was orchestrated as the quick rise is almost as startling, very fluid indeed.. Best Luck all..
Trading Update Gross Transaction Volumes (GTV) through the company's platform have continued to progress well in recent weeks. Gross transaction volume has grown by 46% to over £400 million in the three months to March 2017, following £273 million in the three months to December 2016. The company's financial results for the 12 months ended 31 December 2016 are scheduled to be released by the end of next week. The company's NASDAQ listing process is also progressing, as previously announced. We are working towards completing the listing in Q3 2017. Supported by the launch of the recently announced motorist platform, which we expect will generate revenues in H1, we continue to expect significant revenue growth for the Group in the current year. Since the initial announcement, we have added a second major fuel retailer to the motorist platform, in addition to the market-leading operator already reported. The company continues to operate with a strong and healthy balance sheet, and began the calendar year with approximately £28 million of cash and cash equivalents. No placing either!
No reason for price drop, trading update due next week but revenues good, NASDAQ listing progressing well. GLA
Stop ramping? Just stating a fact and an opinon!
The price was higher then 1.65 and will be again. Not tomorrow though..... :) :)
Quoting £1.65 absolutely pathetic.