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

Pharma & Biotech

Risers and fallers: Zincox, Pipehawk, Rapidcloud, Infinity Energy..

London's largest share price rises and fallers at 9.30am

London's share price movers at 9.30am

RISERS

Zincox (LON:ZOX) up 27% to 1.75p. Share price has doubled since last week. Zinc recycler needs to raise US$5mln through placing or else hand over plant to Korean partner.

Bahamas Petroleum (LON:BPC) up 23% to 1.65p. Bahamas parliament passes Petroleum Bill. A “positive not only for Bahamas Petroleum Company and its shareholders and stakeholders, but also the country as a whole,” says chief executive Simon Potter.

Pipehawk (LON:PIP) up 18% to 4.13p. Subsidiary wins £500,000 contract with Dana to deliver a turnkey system for the assembly of vehicle axles at Birmingham facility.

FALLERS

Infinity Energy (LON:INFT) down 48% at 0.23p. Abandons plan to buy nine UK onshore licences owned by Eden Energy. Shares resumed trading today.

Rapidcloud (LON:RCI) down 35% at 13.75p. Profits warning, to be materially lower than last year as revenues for 2015 will be flat due to weakening of economies in Malaysia and Singapore.

Concha (LON: CHA) down 16% to 0.53p. Losses at the Chris Akers investment vehicle were £628,000 (£1.2mln) for the year to June. Cash at year end was £5.5mln.

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