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Funtastic Ltd (FUN.AX)

FUN.AX on Australia Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Funtastic expects EBITDA loss for FY between $5.5 mln and $6 mln
Sunday, 31 Jul 2016 08:04pm EDT 

Funtastic Ltd : Expects an EBITDA loss for the full year between $5.5M and $6M . "Was expecting an improved Q4 performance however unforeseen and adverse events have impacted the result significantly" .Implemented program of operational restructuring to between $5M - $7M per annum of operational cost reductions from FY 2017.  Full Article

Funtastic announces share placement and purchase plan
Thursday, 31 Mar 2016 08:15pm EDT 

Funtastic:announces institutional placement and share purchase plan to raise approximately A$3 million.Net proceeds will be used to provide additional funding to continue development and global distribution of brands.  Full Article

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