Source - Alliance News

Afentra PLC - upstream oil and gas company focused on acquiring mature production and development assets in Africa - Reports a pretax loss of $3.9 million in the six months ended June 30, widened from $2.9 million the year prior. Posts no revenue, unchanged from the previous year. Loss widens as pre-licence costs rise to $2.2 million from £1.6 million. Company’s cash resources as at June 30 fall to $15.7 million from $35.1 million at the same time a year prior.

Current stock price: 24.35 pence

12-month change: down 13%

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