It’s been a quiet start to the week for the AIM Index, moving in a narrow range and finishing just over a point down at 932.15.
- Cleantech Lithium +35%
- Egdon Resources +19%
- Premier Africa +19%
- Abingdon Health -24%
- TP Group -19%
Cleantech Lithium LON:CTL topped the board, adding 33% by the bell. This morning the company announced that it would be hosting an investor presentation later in the week and that seems to have spurred interest. This takes the share price back to the post-IPO level from March.
Edgon Resources LON:EDR added 18%, with the stock extending the run higher that started in the middle of last week. The company is involved in fracking and given the spiralling energy prices there are suggestions that government attitudes here may soften. Volumes have been notably elevated, too.
Premier Africa LON:PREM gets the notable mention, up just a shade under 19% by the bell. There’s an investor event at the start of next week which appears to be galvanizing interest in the stock, helping extend the run higher that started at the beginning of last week. We took a closer look at the stock back in June.
Abingdon Health LON:ABDX was the day’s worst performer off the back of this morning’s trading update which set the scene for a rather downbeat full year performance. The company noted that it is continuing to develop non-COVID products as well, but sentiment is clearly rattled.
TP Group LON:TPG was off 19% at the bell following the publication of its full year results. Despite increasing revenues, losses mounted across the board, although trade was thin and with sell orders dominating the spread was pushed out significantly too.
