At 3pm, it was another down day for London’s junior market with the AIM Index slipping by more than 1% or 11 points to sit at 802.74.
- Attraqt Group +66%
- Pathfinder Minerals +38%
- Eve Sleep +22%
- XLMedia -29%
- EQtec -24%
Attraqt Group LON:ATQT was at the top of the board, up 66% at 3pm. Half year results this morning were shortly afterwards followed by the announcement of a recommendation from directors that the company be acquired in whole. Shares now sit at 29p, just a shade under the 30p offered in the bid.
Pathfinder Minerals LON:PFP was in second place, up 38% at 3pm. A brace of financing agreements issued this morning have received a positive reception from investors and volumes are off the charts compared to recent levels. One to watch?
Eve Sleep LON:EVE gets the notable mention today, having advanced 22% by copy time. There’s nothing new out here but the stock is evidently being buoyed by hopes that the formal sales process will in some way complete. Shares are up by around 250% from last week’s lows.
XLMedia LON:XLM was the day’s laggard, down 29% at 3pm. Half year results were out this morning which the market was less than keen to applaud despite headline numbers being ahead and full year projections remaining in line with expectations. Mounting losses on a pre0tax basis appear to be rattling sentiment.
EQTech LON:EQT was the day’s second biggest faller by 3pm, off almost 24%. Again it was interim results that sent investors looking for the exits and despite headline numbers looking good, it was a warning about income being delayed into the next financial year that seemed to unsettle the market. This could however be one to watch with the shares now down at levels not seen in over 2 years.
