Author: Marketforces Africa

MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

Tantalizer share unattractive as food restaurant chain declares loss Tantalizer Plc, Nigerian fast food restaurant chain, could not sell as much to cover its operating cost, its 9-month result for financial year 2019 shows. The company loses 7k on every share outstanding in the period. At the close of trading today, shareholders 3,211,627,907 shares outstanding in Tantalizer worth N642.325 million. The fast food restaurant chain’s share has not been performing in the stock market since the beginning of the year when it opened at 21 kobo, now trading at 20 kobo, an obvious lack of liquidity support. Meanwhile, at fair…

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