Down almost 10% on less than £3,000 of sells27 Jun 2022 14:13
It seems the market is either getting more nervous or is expecting bad things in the end of year results which are due our by close of market this Thursday.
To remind folks this is the financial report on the whole year ending 31st December 2021.
From the interims we know
Financial Results
For the six month period ended 30 June 2021 the Company had revenue of £27,752 (H1 2020: £16,003).
The Group made a loss after taxation of £587,354 (H1 2020 loss of £638,198). The net assets at 30 June 2021 amounted to £7,842,563 (30 June 2020 £6,549,050).
The total comprehensive loss for the period was £513,497 (H1 2020 loss of £172,744) which included a gain of £73,857 arising from the translation of the Tanzanian subsidiary accounts from US Dollars to Sterling