Simon Thompson 

Bango in bargain territory

Simon Thompson

Simon Thompson

Aim-traded shares in Bango (BGO:160p), a provider of a state-of-the-art mobile payment platform enabling smartphone users to charge purchases made in app stores straight to their mobile phone account, have pulled back from their summer high of 197p, giving up almost all the 25 per cent paper profit made after I recommended buying at 157p (‘Bango dials the right tune in Chile’, 18 Jun 2018). Long-term holders are still showing healthy gains, though, with the share price about 72 per cent ahead of my original 93p recommended entry point ('Bang on the money', 26 Sep 2016). 

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now