Some sharp falls for the London junior market this morning as traders digested the Trump tariff play but stability has been in evidence since. The AIM All Share finished down almost six points at 712.28.
- Craven House +70%
- Deltex Medical +25%
- MicroSalt +18%
- LungLife AI -82%
- Inspirit Energy -22%
Craven House LON:CRV topped the board, up 70% on the day but there’s not much to see here. The microcap saw thin trade but there are no apparent fundamentals behind the move.
Deltex Medical LON:DEMG also saw big gains but again no news to justify this. The company is seeking to cancel its AIM listing and as of two weeks ago, more than 50% support had been secured. Management will however need 75% to get this over the line with a general meeting scheduled for 12th February.
MicroSalt [LON:SALT] added 18% today off the back of this morning’s news that a funding round had been completed without the need to resort to discounts. This reflects the market confidence in both the company’s current situation and also its sales roadmap.
LungLife AI LON:LLAI was the biggest faller, off 82% after the company noted it was seeking a delisting having failed to find funding from more traditional sources.
- AIM Market Roundup: Mercantile Ports, Totally, ITIM
- UK Stock Market News: Speedy Hire, LungLife AI, Ariana Resources
Inspirit Energy LON:INSP was the second biggest faller, down 22%. That reverses last week’s run higher which again seemingly had no fundamental merit and was simply the consequence of a buy/sell imbalance.
