With sentiment improving across most markets globally, the AIM All Share index has found some support too, closing the day almost three points higher at 681.4.
- CMO Group +93%
- Tungsten West +27%
- Rockfire Resources +7%
- Thruvision -47%
- Synairgen -25%
CMO Group LON:CMO topped the board, advancing by 93% on the day. There’s no news here but last week we flagged some stakebuilding by a key shareholder. Volumes have been unremarkable but is another TR-1 coming?
Tungsten West LON:TUN was in second place, up 27%. Again, no news but this stock has been on a turbulent ride over the last week, ranging between 3p and 5p. The 11% spread also needs to be taken into account.
- AIM Market Roundup: Priority Intelligence, Niox, Coral Products
- AIM Market Roundup: Galantas Gold, Enteq, CMO
Rockfire Resources LON:ROCK was 7% higher, but that’s within the spread. A non-exec director agreed to take his fees in equity so that’s a vote of confidence in the outlook but there’s not much else here.
- Small Cap Stocks: Rockfire Resources, Fusion Antibodies, Oracle Power
- Small Cap Stocks: Synectics, GCM, Chariot O&G
Thruvision LON:THRU was down 47%. The company continues to look for a suitor but so far has been unable to find one and cash resources are expected to run out at the end of May.
- AIM Market Roundup: Thruvision, Priority Intelligence, Oracle Power
- AIM Market Roundup: GCM Resources, Deltic Energy, Solid State
Synairgen LON:SNG had a difficult day with the stock falling a further 25%. The company is going through the process of moving from AIM to a private market listing and such volatility isn’t unusual at times like this.
