Skip to content

AIM round-up: Trellus Health, Galantas Gold, Synairgen

*

At 3.15pm on Tuesday, London’s AIM Index was sitting almost eight points higher at 816.38, supported by a rebound in sentiment as the idea of the Federal Reserve taking a slightly more moderate approach bites.

  • Trellus Health +41%
  • Galantas Gold +32%
  • Synairgen +14%
  • Watkin Jones -34%
  • Craven House -29%

Trellus Health LON:TRLS topped the board, with last night’s investor presentation perhaps bolstering sentiment here. Trades have been thin on the ground so far, but the stock is up 41%, comfortably eclipsing the 4.75% spread quoted at copy time.

Galantas Gold [LON:GAL] advanced 32% on the day. There’s no formal news out yet, but shares listed on Toronto jumped higher yesterday, so there’s some speculation that a production update could follow.

Synairgen LON:SNG gets the notable mention today, adding 14% off the back of news that its viral lung infection therapy was well tolerated and had reduced hospitalisation amongst COVID -19 patients,. However whilst encouraging, the results were deemed not to be statistically significant but warrant further investigation.

Watkins Jones LON:WJG was the day’s laggard, off 34% at copy time. A full year trading update this morning bid up a good story but concern over margin pressure going forward evidently took a toll, with FY’22 underlying operating profits being dialled down by 10%. The balance sheet is however reported as sound.

Craven House LON:CRV, with a market cap of arund £500k, is an absolute minnow of a firm. Today’s 29% slide left it in second to last place at 3.15pm, although trades were very limited and the spread is very wide. Nothing to see here, by all accounts.

Looking for great investing ideas? Sign up to our free newsletter.

Join us on WhatsApp

This article does not constitute investment advice. Make sure you do your own research or consult a professional advisor.

'How to' Guides

Our latest in-depth company reports

Detailed reviews of selected companies and investment trusts.

On the podcast

Sign up for great investing stock tips

Thanks to our Site Partners

Our partners are established, regulated businesses and we are grateful for their support.

Aquis
CME Group
FP Markets
Pepperstone

TMX
WisdomTree
IG
FxPro
Back To Top