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Tiger Resource Finance Widens Interim Loss, Asset Value Falls

Thu, 25th Sep 2014 12:10

LONDON (Alliance News) - Tiger Resource Finance PLC Thursday said its net asset value per share at June 30 was 1.83 pence, a decline from its NAV per share of 2.40 pence a year earlier.

The oil and gas investment company said its pretax loss for the six months to June 30 was GBP721,543, compared with a loss of GBP633,960 a year earlier.

The company said it had total assets of GBP2.7 million at June 30, compared with GBP3.5 million in total assets the prior year.

Shares in the company were untraded Thursday afternoon at 1.11 pence.

By Rowena Harris-Doughty; rowenaharrisdoughty@alliancenews.com; @rharrisdoughty

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