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Bingo, bongo, Bango – dismal interims – when is the bailout cash call?

Tom Winnifrith
Wednesday 24 September 2014

I have noted before how Bango (BGO) merits an AIM Casino jam tomorrow promises. Floated in 1999 it has sent £27.5 million to money heaven and has never made a profit. Interims today are thus par for the course but the cash position looks tight. At 102p the market cap is £46 million and the shares are a screaming sell.

Like all crap tech stocks Bango capitalises costs. It spews out all sorts of metrics, contract news, blah de blah de blah with its half calendar year numbers but here’s the ones that matter.

on ShareProphets | Comments
About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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