Bango - Trading Update
Bango’s shares are down this morning following a Trading and Strategy Update. But it’s not all bad news.
Bango (AIM: BGO)
http://www.bango.com/
Today’s Trading Statement from Bango was not couched in the most positive of terms and the shares have fallen this morning (at 10am down 10% to 87 pence). However, the Company did report that it annualized End User Spend (EUS) exit run-rate for 2015 was £67m, representing an increase of over 100% year-on-year and in line with Bango’s target.
Bango earns a small margin on all payments that…
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