IN BRIEF: Reabold Resources says loss balloons in 2023

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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Reabold Resources PLC - London-based oil and gas investor - 2023 pretax loss widens to £7.2 million from £45,000 the year prior. No revenue generated, down from £560,000. Operating loss increased to £7.2 million from £97,000. Administrative expenses rise to £2.2 million from £1.7 million driven by acquisitions.

Current London stock price: 0.071 pence

12-month change: down 49%

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