Jam Tomporrow

3511 days ago

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

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.