Proactive news highlights: Allergy Therapeutics, Bushveld, Metal Tiger, Windar and more...
Allergy Therapeutics' latest clinical study "encouraging", Metal Tiger makes new copper discovery in Thailand and Regency Mines to expand into oil and gas.
Company
LON:WPHO
Windar Photonics is a technology group that develops cost-efficient and innovative Light Detection and Ranging (“LIDAR”) optimization systems for use on electricity generating wind turbines. LIDAR wind sensors in general are designed to remotely measure wind speed and direction.
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Allergy Therapeutics' latest clinical study "encouraging", Metal Tiger makes new copper discovery in Thailand and Regency Mines to expand into oil and gas.
Some significant risers and fallers at around 3.35pm..
Wind turbine sensor specialist Windar Photonics announced financing deals worth up to €2.7mln...
Major share price risers and fallers in London at 3.30pm
The order is for 15 WindEYE LiDAR units, the company’s laser guided systems that sit on the top of turbines and enable positioning to be optimised for prevailing wind conditions.
Jensen’s company Pasinika has entered into an option deal with a 40% shareholder in Hong Kong incorporated O-Net WaveTouch Ltd.
Ithaca Energy is said to be among the oil stocks most levered to any crude recovery, but Barclays Capital downgraded the oil field developer which has doubled in value recently.
City broker Cantor sees take-up of Windar Photonics PLC's (LON:WPHO) turbine technology grow strongly over the next few years and has started covering the share with a 'buy' stance and a 148p price target.
Cantor Fitzgerald Europe takes over as the company's nominated adviser (nomad)
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Everything appears to being going to plan for 88 Energy in Alaska...
Windar Photonics has rejected a claim from TRES Wind, its distribution partner in China, that the wind turbine tech firm's termination of its agreement was unjustified.
Investments and investor services
Windar Photonics, StatPro and African Potash also had news out on Friday
Windar said it was North American and European sales, and it now plans to manage sales in Asia via its offices in Beijing and Shanghai.
Wind turbine sensor developer doesn't expect problems to have long-term impact
On a quite news day, there were some interesting developments in the world of small caps.
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FTSE 100 opened 45 points lower at 6,804 as Greece was told to stop gambling on its future by one EU leader.
Windar has bolstered is presence in Asia with a new Shanghai office, a move that it expects to resolve the problem,