BigDish PLC Jersey-based restaurant booking platform - Notes surge in share price on Tuesday and points to July 9 statement which said it welcomes UK Chancellor initiatives announced on Wednesday, including "Eat Out To Help Out" time-based discounts in August, value-added tax reduction to 5% from 20%. Considers announcement "the right incentives" to kickstart the hospitality sector, and creates "interesting scenario" for company and its reservation platform. Big Dish stock rose another 19% on Wednesday.
Current stock price: 2.50 pence
Year-to-date change: up more than double from 1.23p at the end of 2019
By Eric Cunha; ericcunha@alliancenews.com
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Amala Foods Plc (DISH)