Ayo Technology hints at narrower losses but shares slide

Shares in Ayo Technology Solutions lost a quarter of their value on Tuesday, despite the company saying it managed to narrow its losses for the six months ended February due to a raft of cost-cutting measures. 

The technology group is expected to report a headline loss per share of between 25.21c and 41.03c, reflecting a decrease of 68.14%-48.14% compared with the loss of 79.13c per share in the previous comparable period…

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