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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.
Company said everything fine
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
Where did you get that from?
£28 million in cash and significant revenue, what I'm I missin?
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?
0.2% of 400million is very small
Where has this 1,000,000 revenue figure come from? Cite evidence or you picked it out of your arse.
Will post later phone playing up
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
I see no evidence of that! Cite evidence or it's just rumour
RNS says volume for first three months was £400 million their 0.2% is £800,000 their % may be a bit higher otherwise I feel they would have stated .
RNS says volume for first three months was £400 million their 0.2% is £800,000 their % may be a bit higher otherwise I feel they would have stated .
Where have you got the 0.2% from?
Will check it out later bu I know that is approx their take on mobile sales ,expected to be quite on petrol venture not home yet so difficult to research while on the move ,if I don't post tonight I will in the morning 😊
Their revenue for year end 2014 was £47m. I would strongly recommend reviewing your research methods