Here are some significant movers at around 4.00pm....
Risers
Kolar Gold Limited (LON:KGLD), up 38% to 1.25p. The company, which is in a strategic review and is in an offer period, issued a statement saying it didn’t know any reason for the share price movement, but, did acknowledge ‘a number of investors have acquired shareholdings’.
Zanaga Iron Ore Co Ltd (LON:ZIOC), up 29% to 1.25p. Similarly, ZIOC told investors it ‘is not aware of any reason for the movement other than the increase in the price of iron ore.’
Fallers
Messaging International (LON:MES), down 31% to 0.27p. A large mobile customer has decided to terminate a text-to-landline service, which is provided by the company’s wholly owned subsidiary.
Audioboom Group (LON:BOOM), down 10% to 3.12p. Investors are still waiting to see the firm’s strong market position - for hosting online spoken audio content, and podcasts – into revenue generation. Revenue for 2015 amounted to £192,000, up from £51,000, though it still reported a £7.3mln loss.
Here are some significant movers at around 9.15am....
RISERS
Westminster Group PLC (LON:WSG), up 7.48% to 14.375p as it agreed terms for a possible new 25-year contract to run security operations at an airport in the Middle East.
Kefi Minerals PLC (LON:KEFI), up 6.94% to 0.385p as it told investors it has the potential to increase production from its flagship Tulu Kapi project in the Ethiopia to 150,000 ounces of gold a year with the addition of an underground operation.
Allergy Therapeutics PLC (LON:AGY), up 2.75% at 28p as it reported higher revenues and said it had relaunched plans to enter the US market in 2019.
FALLERS
Ortac Resources Ltd (LON:OTC) down 17.65% to 0.04p as it said it raised £350,000 through the issue of new shares in a placing.
Stratex International PLC (LON:STI), down 6.58% to 1.775p despite it saying its gold mine joint venture at Altintepe in Turkey should achieve full commercial production by the end of this month.
Ten Alps PLC (LON:TAL) down 12.14% to 1.54p despite the TV producer saying it was “confident” of returning to profitability this year as it reported a strong rise in revenues in the first half and restated its aim of moving into higher value series and formats.