Heading into the last hour of the session and the AIM All Share was nudging a little higher, up around one and a half points at 755.43, outperforming the majority of other global indices which are trading in the red.
- Hardide +53%
- Caspian Sunrise +23%
- Northamber +12%
- Synergia Energy -47%
- Cleantech Lithium -13%
Hardide LON:HDD was the biggest riser, up 53% following this morning’s announcement of a significant order from a new customer. The deal has an aggregate value of £1.75m and is likely to be booked in the first half of FY26, enabling the company to build on last year’s strong revenue growth.
Caspian Sunrise LON:CASP had added 23% at the time of writing. The stock saw its shares suspended in the summer, but this morning’s publication of interim results saw the listing resume. Revenues were down almost 50%, whilst gross profits fell almost 25%.
Northamber LON:NAR gets the notable mention, up 12%, coming off the back of news that the company had acquired Nuvias UC’s UK hardware business for up to £7.1m. The low upfront payment and earn out split may be a driver here.
Synergia Energy [LON:SYN] was 47% lower by copy time, following an AGM of shareholders which was held over the weekend. The company now intends to sell down assets, return cash to shareholders and cancel the listing. This follows two funding rounds conducted under adverse market conditions, whilst management are also questioning the value of maintaining the listing.
Cleantech Lithium LON:CTL was 13% lower, a move that coincides with news that a wholly owned subsidiary was the subject of legal action. The note suggests management feel the claim is spurious and due process hasn’t been followed. Volumes were looking far from elevated so there may be limited cause for concern here.
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