Main share price movers at 4pm
Risers
Wishbone Gold (LON:WSBN) up 152% at 0.29p. Precious metal explorer said it was in talks to buy a "complementary business" which would count as a substantial deal under AIM rules. The group also issued 396,849,229 shares to settle various outstanding debts, fees, expenses and loans.
Satellite Solutions Worldwide (LON:SAT) up 11.45% at 4.62p. Global communications company specialising in rural and last-mile satellite broadband signed a contract with BT to become one of the satellite broadband retail service providers for the recently announced UK Government scheme to offer subsidised satellite broadband with poor internet links.
Octagonal (LON:OCT) up 26.9% at 1.22p. Financial services group said Corstone Capital Partners sold 34,750,256 shares to two unconnected parties and therefore no longer has a notifiable interest in the company. One of the purchasers, Roger John Barby, through Huntress (CI) Nominees, now holds a 5.65% stake in the company.
Fallers
Shire (LON:SHP) down 6.5% at 3997p. Drug group announced US$32bn merger with US blood disease specialist Baxalta.
Gulf Keystone Petroleum (LON:GKP) down 2.5% at 12.7p. Oil company revealed that its 20% owned Akri-Bijeel asset is being given up. The oil company had expected to pocket ‘hundreds of millions’ from the sale of stake in the Kurdistan based project when it put it up for sale back in September 2011.
Edenville Energy (LON:EDL) down 10.3% at 0.03p. Tanzanian coal-to-power project developer said it was awaiting a response from the African nation's government to a mining application licence for its Rukwa scheme.
Main share price movers at 1.30pm
Risers
Kimberley Enterprises (LON:KBE) up 50% at 0.53p. Announced last week that buyer of Canadian residential development plots has been granted until tomorrow (12 January) to complete. At the time said there was no reason it knew of for recent share price spike.
RedT Energy (LON:RED) up 33% to 10p. A bullish note from house broker finnCap highlighting company’s switch to become a pure play on commercial and utility scale energy storage boosts share price.
Anglo American (LON:AAL) up 4% to 239p. Shares in miner rally further after pasting last Thursday on China concerns.
Fallers
TP Group (LON:TPG) down 13% to 1.84p. Mark Crawford, CFO, is stepping down from the specialist engineer to look for another role and most likely within the FMCG sector.
ShoeZone (LON:SHOE) down 12% to 165p. Investors get nervy ahead of full year results from the footwear retailer on Wednesday.
Sports Direct (LON:SPD) down 2% to 424p. Fall-out from last week’s profit warning continues to affect the share price. Liberum downgrades to 'hold' from 'buy'.
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Main share price movers at 10am
Risers
Rockhopper (LON:RKH) up 14% at 27.6p. Latest Falklands well has confirmed a significant discovery for the Isobel/Elaine project. The new 14/20-2 well was a ‘re-drill’ of the prior Isobel Deep well which had to be abandoned prematurely due to operational issues despite encountering oil.
Falkland Oil (LON:FOGL) up 12% at 8.2p. It is merging with Rockhopper but already owns 40% of the licence where discovery was made.This will rise to 64% after the merger.
Scancell (LON:SCLP) up 7% at 23p. A diagnostic that is able to detect the early immune effects of the drug candidate SCIB1 is to be incorporated into the phase II clinical trial of cancer treatment
Fallers
Reabold Resources (LON:RBD) down 32% to 0.85p. Placing last week to raise £200,000 at 0.5p per share.
NetPlay TV (LON:NPT) down 5% to 7.12p. Withdraws from talks with betting firm Sportech (LON:SPO) over buying its football pools business. It comes as it emerged that Sportech has received a "number of proposals" for the pools business and invited parties to submit final proposals by mid-January 2016.
Plethora Solutions (LON:PLE) down 7% to 3.83p. Deadline for posting of takeover document from Regent Pacific put back to 30 January.