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Nektan shares slump as it assesses new financing options

1st July 2016 8:04 am GMT

London-listed mobile gaming solutions provider Nektan says it expects to record a 160 per cent increase in revenue for the second half of its financial year ended June 30th, although its need for additional funding has seen its share price tumble by 21 per cent.

The company said that it expects second half net gaming revenue to climb from £1.6m a year ago to £4.2m, following an increase in player numbers and a 129 per cent increase in stakes to £104.1m. 

Over the [...]

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