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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 & Fallers: European Metals, Fastjet, Independent Oil ...

Major share price risers and fallers in London at 4pm

Major share price risers and fallers in London at 4.00pm

RISERS

European Metals Holdings PLC (LON:EMH) up 13% to 34.2p. Lithium group’s major shareholder Rare Earth Minerals invests another A$2.6mln and will exercise options worth A$400,000.

Fastjet PLC (LON:FJET) up 11%. African airline sell Airbus A319 for US$8mln as part of new slimmed down business model.

Alba Minerals PLC (LON:ALBA) up 11% to 0.28p, Explorer has completed an airborne electromagnetic survey over Amitsoq graphite project in Greenland.

FALLERS

Independent Oil &Gas PLC (LON:IOG) down 15% to 14.2p. Disappointing Skipper well result last week continues to weigh on share price.

redt Energy PLC (LON:RED) down 6% to 10.67p. Appointment as Cenkos Securities as nomad and broker does not impress shareholders of energy storage group.

Major share price risers and fallers in London at 1.00pm

RISERS

Altitude Group PLC (LON:ALT) up 57% to 85p. No reason, operational or corporate, for the company’s soaring share price today says the business software group.

St Peter Port Capital PLC (LON:SPPC) up 31% to 16p. Strategic review to be carried out that will include the investigating the possible sale of the business.

Vast Resources PLC (LON:VAST) up 10% to 0.3p. Miner starts to produce zinc concentrate from Romania in addition to the copper also being extracted.

FALLERS

Journey Group plc (LON:JNY) down 12% to 210p. Offer for Jaguar Holdings lapses after the requisite resolution at the Court meeting held today was not passed.

Zamano Group PLC (LON:ZMNO) down 11% to 6.22p. Warning on Friday profits would be hit by regulatory changes made to the way mobile operators charge users for content.

Amerisur Resources PLC (LON:AMER) down 3% to 23.9p. New pipeline interconnector between Colombia and Ecuador is complete, but awaiting green light from Ecuador authorities.

Major share price risers and fallers in London at 9.30am

RISERS

Tethys Petroleum Ltd (LON:TPL) up 35% to 2.02p. Seizure order over group’s assets in Kazakhstan lifted after appeal thrown out by court. Company now has access to bank accounts again.

Henderson Group PLC (LON:HGG) up 15%. Fund manager’s US$6bn merger with US peer Janus Capital gets warm response from market. Costs savings estimated at US$110mln.

Stratmin Global Resources PLC (LON:STGR) up 9% to 1.78p. Directors and management agree to take more of their salaries in shares at a big premium to current market price.

FALLERS

Kodal Minerals PLC (LON:KOD) down 18% to 0.103p. Junior miner raises £750,000 through a placing at 0.1p. Money will fund a lithium exploration programme at Bougouni in Mali.

Stanley Gibbons PLC (LON:SGI) down 8% to 12p. Collectibles group posts loss for the year to March of £28.9mln. More challenges lie ahead it ahead but action has been taken to promote a recovery.

Audioboom PLC (LON:BOOM) down 5% to 2.37p. Deadline has been missed for US$8mln Chinese investment but discussions remain active said podcast specialist.

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