It’s been a choppy session with those weak but still stronger than expected UK GDP numbers impacting opinions. The AIM All Share is barely higher at 3pm, at 723.51.
- Future Metals +25%
- Eurasia Mining +18%
- Blackbird +14%
- Physiomics -34
- Thruvision –33%
Future Metals [LON:FME] was 25% up at 3pm. There’s no news here, trade numbers are thin and the spread is almost 15%, although amidst demands from the US to Ukraine for rare earths, this could be lending support, with the resulting supply constraint likely to boost prices.
Eurasia Mining LON:EUA added 18% on the day. Again, no news here but that US demand to continue offering support to Ukraine could be pivotal.
Blackbird LON:BIRD was 14% higher. Whilst there was a news release today, this relates to a results announcement that is scheduled for next month.
Physiomics LON:PYC was the biggest faller, off 34% at our early copy time. The completion of a funding round today at a 37.5% discount is being reflected here. Funds will be used to further develop a series of services, as well as for general working capital purposes.
Thruvision LON:THRU was 33% lower with a trading update and progress on strategic review announcement being made this morning. Whilst a series of new opportunities are on the table, these won’t be realised in the current financial year. Management continue to pursue opportunities for a trade sale or 3rd party investment.
