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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Emondo.Com | LSE:EMO | London | Ordinary Share | GB0004635065 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00 | - |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:3442D emondo.Com PLC 9 May 2001 For Immediate Release 9th May, 2001 emondo com plc ( "the Company") Statement re trading and proposed acquisition In common with many other companies in the e-commerce sector trading has been disappointing, with sales in Italy, the Company's main market, taking far longer to achieve than originally planned. As a result, in order to conserve cash resources, the Company is currently restructuring its activities by reducing operating costs. In particular the Company is reducing its personnel and fixed overheads and is concentrating its activities in the Italian market. The proposed acquisition of basicfactory s.r.l and the associated fundraising is taking longer than foreseen, and the Company is currently negotiating an extension of the deadline for completion of this acquisition to 30th June, 2001. In addition the Company is also considering other strategic acquisitions in order to strengthen its position in the Italian market. A further announcement will be made in due course and the results for the year ended 31st December, 2000 will be published shortly.
1 Year Emondo.Com Chart |
1 Month Emondo.Com Chart |
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