Wafer-thin losses were posted on the AIM All Share during Thursday’s trade following a late session recovery. The performance reflected that of other European bourses on a day that was dominated by the widely expected ECB rate cut.
- Sundae Bar +34%
- GCM Resources +31%
- Mirriad Advertising +21%
- Blue Star Capital -26%
- Woodbois -17%
Sundae Bar [LON:SBAR] was the biggest gainer on Thursday, adding 34%. That follows the stock’s admission onto AIM after having moved off the Aquis market earlier in the week then today’s announcement of the launch of a live beta AI Agent Marketplace and First Agents.
GCM Resources LON:GCM was in second place, up 31%. There’s no news in play but the company has seen elevated levels of trade and the availability of stock has been limited. The spread also needs to be taken into account.
Mirriad Advertising LON:MIRI was 21% higher to take the notable mention. There have been a series of significant trades reported in recent days but the uptick needs to be taken in the context of the massive losses that were accrued on the share price just over a month ago after management announced funds were running out.
Blue Star Capital LON:BLU was 26% lower on the day following fundraising news this morning. New equity was issued at a 48% discount to last night’s closing price but clearly there’s conviction in the longer term outlook here.
Woodbois LON:WBI was 17% lower following a trading update that noted forestry production in Gabon had resumed as planned and conditions were good with revenue expectations for June being upbeat. However following disruption faced by the company, they will be unable to file full year audited accounts before the end of the month with the consequence that shares will be suspended from 1st July.
