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Gunsyd books loss as value of investments falls

By BFN News | 02:51 PM | Friday 15 March, 2019


Investment company Gunsyd booked a first-half loss of £248k, mostly related to a fall in the market value of portfolio company Oyster Oil & Gas. The pre-tax loss for the six months through December compared to a loss of £156k on-year. 'Whilst conditions have been far from perfect, it is pleasing that we managed to sell our Horse Hill Developments stake and finally made progress on the Oyster situation where we have strengthened our position,' the company said. 'We are particularly pleased with progress at Human Brands and excited by its future potential.' At 2:51pm: (LON:GUN) Gunsynd Plc Ord 0.01p share price was 0p at 0.02p Story provided by StockMarketWire.com

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