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AIM Market Roundup: Empyrean Energy, Blackbird, Tap Global

AIM Market Roundup: Empyrean Energy, Blackbird, Tap Global

The AIM All Share closed Tuesday’s session around two points higher, having given back some of the early gains. That weaker jobs data may have rattled confidence in AIM but the accompanying slide in Sterling buoyed the main board with the FTSE-100 testing new all time highs. The junior index sat at 759.71 by the bell.

  • Empyrean Energy +108%
  • Blackbird +23%
  • TAP Global +16%
  • Mercantile Ports -23%
  • Gfinity -18%

Shares in Empyrean Energy LON:EME surged today following news that relates to a connected party. The move relates to Empyrean’s 7.5% interest in a production sharing contract and more details are expected in due course. The share price added 108% on the day.


Blackbird LON:BIRD was 23% higher following news that former Adobe product lead Bill Roberts has joined the firm as an advisor. Bill is seen as the ideal person to help the company grow its online video editor elevate.io.

Digital finance hub TAP Global [LON:TAP] was 16% up on the day, following the publication of a Q1 trading update. Much of that is accounted for in the spread but underlying revenues for the period were 40% higher.

Mercantile Ports [LON:MPL] was the biggest faller, off 23% on the day. This morning the company provided an update on a debt dispute noting that it had not been awarded any interim relief by the Indian courts and plans were now underway to facilitate repayment.

Gfinity LON:GFIN was 18% lower off the back of placing news. The company raised £355k at a 20% discount, with the proceeds being used to develop the commercialisation of the CIQ platform, new business opportunities and provide general working capital.

This article does not constitute investment advice.  Do your own research or consult a professional advisor.

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