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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, including Xcite Energy and TechFinancials

Xcite Energy saw its share price plummet after it announced a debt-for-equity swap that would dilute the interests of current shareholders

Some of the main news-driven share price changes at 3.30pm.

RISERS

TechFinancials Inc (LON:TECH), up 11% to 14.4p. The trading software firm posted its interims today which showed it swung strongly back into profit in the first half of the year.

Real Good Food PLC (LON:RGD), up 9% to 37p. Told investors it was satisfied with trading in the first four months of the year and that it plans to kick-start dividend payments.

Atlantis Resources Ltd (LON:ARL), up 8% to 83.8p. Scotland’s First Minister Nicola Sturgeon officially unveiled the firm’s MeyGen project at the Nigg Energy Park in Scotland.

FALLERS

Xcite Energy (LON:XEL), down 66% to 2.8p. On Monday morning it announced a debt for equity swap. Read more here.

Zibao Metals Recycling Holdings PLC (LON:ZBO), down 40% to 0.67p. In today’s trading update it told investors that gross margins and profit after tax had both fallen significantly because of “difficult market conditions”.

Associated British Foods LPC (LON:ABF), down 12% to2,796p. In a pre-close trading update the firm said it had enjoyed a strong year, but was downbeat on the outlook for its major retail brand Primark.

Some of the main news-driven share price changes at 12.30pm.

RISERS

CloudTag Inc (LON:CTAG), up 11% to 12.3p. Released an upbeat operations update today and announced that it had successfully raised another £500,000 via a share placing.

Abcam PLC (LON:ABC), up 9% to 795.5p. Its preliminary results for the year ended 30 June showed total revenue grew by over 17% at a constant exchange rate.

FALLERS

Central Rand Gold Limited (LON:CRND), down 22% to 1.08p. Mining remains suspended while two of its board members are to step down in the coming weeks.

Halosource Inc (LON:HALO), down 17% to 3p. Interim results released today show revenue almost halved in the first six months of this year compared to the same period in 2015.

reach4entertainment (LON:R4E), down 16% to 1.8p. Released a decent set of half year results, but warned investors that it expects the second half of the year to “be more challenging”.

Some of the main news-driven share price changes at 9.15am.

RISERS

Clear Leisure PLC (LON:CLP), up 50% to 1.01p. Today’s operational update revealed that the firm is pursuing legal claims amounting to £45.5mln which hasn’t been included on the balance sheet yet.

Svg Capital (LON:SVI), up 15% to 650p. HarbourVest told the market this morning that it would make a final offer of 650p per share for SVG.

Keras Resources (LON:KRS), up 9% to 0.68p. Told investors this morning that it has completed the acquisition of the Klondyke gold project in Western Australia. It also said that it plans to list on the ASX in early 2017.

FALLERS

Billing Services Group (LON:BILL), down 25% to 3p. The company says it may be affected by a local exchange carrier’s actions as a result of a recent consent decree.

Bellzone Mining (LON:BZM), down 15% to 0.2p. Released its interim results for the six months to June.

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK