Away from the UK steel debate and the future of the Port Talbot plant, in focus in webworld was digital and media junior Milestone Group PLC (LON:MSG), which saw shares rocket over 81% today to make it top riser in London.
It came as the group, whose flagship project is called the Passion Project, revealed it had raised funds and settled debts to creditors by issuing shares at 1p each - a considerable premium to last night's closing price of 0.40p.
One of the top risers again was Ascent Resources PLC (LON:AST), up over 41% on the day but also one of the most actively traded stocks with 48.41mln bits of paper changing hands.
Yesterday, there was news of a preliminary takeover approach for the Slovenia firm from Ukraine-focused Cadogan Petroleum PLC (LON:CAD).
Alaska-focused 88Energy (lON:88E) was also high volume with over 52mln shares exchanged. It told inevstors today how it had now completed analysis of core samples from the ‘super highway’ zone of the Icewine shale well, in Alaska, and it is impressed with the results.
One of the most read regulatory statements came from junior oiler Tethys Petroleum (LON:TPL), which today described 2015 as a year of “unprecedented challenges” due to low oil prices, and more locally, the impact of a massive depreciation of the Kazakh Tenge.
“Despite this the company adjusted to the new paradigm and in 2015 we have halved the company's G&A and business development expenses, whilst increasing gas production by 98% at a higher gas price,” said co-chair John Bell.
In bigger company news, Premier Foods' PLC (LON:PFD share price advanced 7.4% to stand at 60.61p in early deals as US food giant McCormick upped its bid for the firm to 65p a share following Premier’s rejection of two earlier bids.
It first made a bid of 52p a share last month and then raised it to 60p a share in Mid-March.
Also in the news today was aircraft giant Boeing Co (LON:BOE), which revealed plans to axe more than 4,500 jobs by the middle of 2016 to reduce costs.
In another story gaining web traction, and for those not already fed up with the Brexit debate, there are several reports commenting on words from former Caninet Secretary , Lord Gus O'Donnel who has warned that negotiating the Uk's departure from the EU could take up to ten years.