Accesso Technology Group PLC (AIM:ACSO, OTC:LOQPF)’s recent interim results highlighted strong double-digit growth along with improved profitability, underlining the share price potential going forward, said Shore Capital.
The broker noted that the virtual queuing and ticketing group had not seen any negative movement in its marketplace, with revenue forecasts raised for the year though costs will also be higher.
Broker SP Angel has raised its valuation for Rainbow Rare Earths Ltd (LSE:RBW, OTC:RBWRF) to 60p from 51p, following the recent release of a new study into the economic potential of the company’s Phalaborwa rare earths project in South Africa.
“We have revised our valuation to 60p from 51p to reflect today’s significant lift in value for the Phalaborwa project to US$627mln,” the broker wrote in a new research note.
Allergy Therapeutics PLC (AIM:AGY, OTC:AGYTF) said it has temporarily paused production at its Freeman manufacturing facility in Worthing, West Sussex, in order to accelerate site improvements there.
The partial stop follows an internal review of current operating processes, investors were told.
Poolbeg Pharma PLC (AIM:POLB, OTCQB:POLBF) has strengthened the protection around the intellectual property supporting POLB 001, a drug candidate for severe influenza.
Specifically, the group has secured the sign-off from the US Patent and Trademarks Office for its main claim around the treatment of hypercytokinemia, commonly known as a cytokine storm.
Semper Fortis Esports PLC (AQSE:SEMP) agreed to sell professional eSports player ‘Archie’ for a US$35,000 transfer fee to Oxygen Esports. Chief operating officer Jassem Osseiran, in a brief statement, said: “We would like to thank Archie for his noteworthy performances under the SMPR brand and wish him all the best in his career moving forward."
Ariana Resources PLC (AIM:AAU) chair Michael de Villiers has bought 1mln shares in the company through a trio of transactions (250,000 at 2.885p on 30/9/2022, 250,000 at 2.88p on 30/9/2022, and 500,000 at 3.20p on 3/10/2022). It sees the chair’s shareholding increase to 64mln shares, or 5.59% of the company.