Snoozebox (#ZZZ) – trading on AIM cancelled following entry into administration
- 2017-12-11 00:56:21
I’m going to try to write a few pieces over the Bank Holiday weekend with transparency (or lack of it) as a core theme and I will start with a positive story about Snoozebox (ZZZ), which put out a great RNS this week in more ways than one.
Snoozebox(ZZZ) interim results for the six months ended 30 June 2017 out yesterday showed a reduced loss of £1,006,000 down from £2,126,000 in the prior period. Worryingly for long suffering shareholders, the contribution to overheads was only £176,000 down from £986,000.
Continuing the sleep-related theme, I wanted to take a look at Snoozebox (ZZZ) that rose from its slumber on Thursday following some developments and the release of its year-end results, although it looks to have dropped off again by the close on Friday. I wonder whether there is a turnaround play here.
Provider of portable accommodation, Snoozebox (ZZZ) listed on AIM just over a year ago at 40p per share and the shares rose to trade at more than 75p in January of this year.









