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The Markets
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Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
by Proactive
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
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Pharma & Biotech

Risers & Fallers: Redde, Mercom, Cyprotex and more

Below are the main risers and fallers in the London market at 4pm

Below are the main risers and fallers in the London market at 4pm

RISERS

Mercom Oil Sands (LON:MMO) up 18.2%. The company has appointed Kyle Appleby as its company secretary.

Cyprotex (LON:CRX) up 16%. The group said its latest quarter was ahead of market expectations and so full-year figures will significantly exceed previous hopes.

Redde (LON:REDD) up 11.7%. The firm said interim profits would likely exceed its previous expectations.

FALLERS

AFC Energy (LON:AFC) down 10.7%. The industrial fuel cell company raised £2.47mln through a subscription share issue.

China Nonferrous Gold (LON:CNG) down 8.5%. The mineral explorer announced that Beaufort Securities has been appointed as the firm’s joint broker.

Inspirit Energy (LON:INSP) down 7.7%. The boiler specialist has completed testing on its Inspirit charger, a boiler that generates electricity as well as thermal energy.

Below are the main risers and fallers in the London market at 1.30pm

RISERS

Solo Oil up 18% to 0.28p (LON:SOLO). Awarded part of new onshore UK licence in the Isle of Wight alongside UK Oil & Gas.

Egdon Resources (LON:EDR) up 15% to 9.5p. Offered eleven new and part blocks in UK’s 14th onshore licensing round.

Redde (LON:REDD) up 7% to 182p. Interim profits would likely exceed its previous expectations said crash repair specialist.

FALLERS

Concha (LON:CHA) down 70% to 0.78p. Discussions over possible investment come to an end. Board will look for other opportunities.

Altona Energy (LON:ANR) down 15% to 0.68p. Profit taking after big gains yesterday following confirmation of share subscription.

Berkeley Group (LON:BKG) down 6% to 3,543p. Footsie housebuilder goes ex- its latest massive dividend payment.

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Below are the main risers and fallers in the London market at 10am

RISERS

Proxama (LON:PROX) up 45%. Mobile payment company signs US$1mln deal with an existing client as revenue doubled in its second half compared to the first.

Hardide (LON:HDD) up 27%. Surface coating technology group says its Hardide-A coating has met Airbus technical performance standards and is now available for use on some of the European aircraft maker's aircraft parts.

TP Group (LON:TPG) up 9%. Technology, engineering and managed services group wins orders worth £1.95mln from Babcock International to overhaul submarine atmosphere control systems.

FALLERS

Coal of Africa (LON:CZA) down 14.3%. South African competition regulators approve miner's planned acquisition of Universal Coal (ASX:UNV), which has stakes in two pits in the Mpumalanga province of South Africa.

Concha (LON:CHA) down 22%. investment vehicle focused on mobile, internet, sports, social media, digital and technology sectors terminates talks with potential investment target.

Adgorithms (LON:ADGO) down 8%. Digital marketing group warns on annual profits as improvement in online advertising market failed to match hopes.

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