London’s AIM All Share had a buoyant session, rebutting any overhang from US markets from before the weekend break and adding five and a half points on the day. The index closed at 724.59.
- RA International +25%
- Eurasia Mining +25%
- Directa Plus +13%
- Gusbourne -45%
- Energy Pathways -20%
RA International LON:RAI has started the week at the top of the table, up 25%. The stock however saw its valuation pummelled at the end of last week following news that it would be delisting from AIM and institutional investors were clearing out. There’s not much to cheer in this move and the gain was well within the spread.
Just in second place and Eurasia Mining LON:EUA advanced 25% on the day. After struggling through 2024 the company has started the new year on a strong footing with the share price having doubled since the end of January. The company is funded – for now – but cash may not last long.
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Directa Plus LON:DCTA gets the notable mention up 13% after news that Sectar, the group’s environmental subsidiary had received a contract worth €1.5m and a $1.1m contract renewal.
Gusbourne LON:GUS was 45% lower on the day following the announcement that a general meeting had been requisitioned on behalf of the company’s main shareholder, Lord Ashcroft. He is pushing for the company to delist from AIM.
Energypathways [LON:EPP] was down 20% following an update on the MESH project for hydrogen storage. There’s a subtext in there regarding the significant funding needed to make this a reality and investors seem to be jumping on this as the glass (or tank) being half empty.
