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Risers & Fallers, including Obtala Resources, Synairgen and Akers Biosciences Inc

Some share risers and fallers in early deals on April 25....

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A selection of notable movers as the week begins.....
 
 
Some share  movers at 5 pm on Monday -
 
RISERS
 
Shares in Africa-focused agricultural and timber company Obtala Resources Plc (LON:OBT) shot up 16% to 7.25p as non-executive director Miles Pelham has been elevated to the position of non-executive chairman.
 
Eland Oil & Gas PLC (LON:ELA) shares advanced 14.81% to 38.75p after an update on the Opuama-3 well, in Nigeria, where production has improved.
 
Synairgen (LON:SNG) up over 17.46% to 37p as its tide contines to ride in recent days. Last week, it picked up  a notable investor in the form of Leonard Licht, one of the founders of Mercury Asset Management.
 

 

FALLERS

 
 
Outsourcery (LON:OUT), down 37.9% to 6.38p as it warned investors that it needs to raise emergency cash and that growth from its main revenue channel continued to slow.
 
Snoozebox Holdings PLC (LON:ZZZ) now down 32.31% at 1.10p after the mobile accommodation provider said its chief executive was quitting.
 
Diagnostics group Akers Biosciences Inc. (NASDAQ:AKER LON:AKR) fell over 9% to 113.5p as it re-jigged its board with Thomas Knox to become sole chairman while current executive chairman and founder Ray Akers takes up a scientific role.
 
 
Some share  movers at 1.15pm on Monday -
 

RISERS

 
West African Minerals (LON:WAFM), up 25% to 2.50p, as iron ore prices hit a 16 month high as Chinese construction is up 20% last month.
 
Metals Exploration (LON:MTL), up 11.11% to 5p as the partial suspension order over its Runruno gold mine in the Philippines was lifted.
 
Synairgen (LON:SNG) up over 11% to 35p as its tide contines to ride in recent days. Last week, it picked up  a notable investor in the form of Leonard Licht, one of the founders of Mercury Asset Management.

 

FALLERS

 
Outsourcery (LON:OUT), down 36.59% to 6.5p as it warned investors that it needs to raise emergency cash and that growth from its main revenue channel continued to slow.
 
Acacia Mining (LON:ABG) fell 2.54% to 322.1p as City brokmer Numis reduced the rating to 'add' from 'buy' after the share rally.
 
Allied Minds (LON:ALM) shed 3.41% to 388.6p as its loss widened in 2015 due to increased investment in research and development and the creation of four new businesses during the year.
 

 

Some share movers at 9.30am on Monday -

RISERS

Highlands Natural Resources Plc (LON:HNR), up 32.63% to 15.75p as it told investors that it expects to conduct first commercial tests for its DT Ultravert refracking technology in June.

Ariana Resources (LON:AAU), up 5.26% to 1.50p as it potentially extends the mine life by two years at Kiziltepe after a resource and model upgrade at the mine in Turkey.

Strategic Minerals (LON:SML), up 12.5% to 0.225p as it continues to be boosted by news that drilling at Hanns Camp in Australia is expected to start in mid to late May once a permit is received. It alos has revised its website today, it said.

FALLERS

Snoozebox: (LON:ZZZ) down 27.69% to 1.175p as the mobile hotel brand revealed Lorcán Ó Murchú, chief executive, had stepped down but will remain available  to help with the handover for six months.

Chris Errington, currently Non-executive Chairman, will take on the role on a part time basis.

Jersey Oil & Gas Plc (LON:JOG), formerly Trapoil, fell almost 7% at 16.75p despite it telling investors it remained confident in its ability to close in on a number of North Sea acquisition targets during 2016.

SacOil Holdings Ltd (LON:SAC) dropped 17.78% to 0.93p as it chose not to participate in a joint venture deal for the development of the African Renaissance Pipeline Project, signed last Friday by Empresa Nacional de Hidrocarbonetos (ENH), Profin Consulting Sociedade Anonima (Profin), China Petroleum Pipeline Bureau (CPP), China Petroleum & Technology Development Corporation (CPTDC) and Progas Investment Group (Pty) Limited. 

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