London’s AIM All Share moved marginally lower once again today with hotter than expected US inflation doing little to bolster sentiment for stocks. The junior index finished just over two points lower at 734.53.
- Genedrive +41%
- Tern Plc +21%
- Mobile Tornado +19%
- Conroy Gold -24%
- Nativo Resources -19%
Genedrive LON:GDR was the biggest gainer, adding 41% on the day. There’s no formal news out to support the material move in the share price and this extends the gains we saw getting underway on Wednesday. Is there information incoming?
- AIM Market Roundup: Genedrive, Idox, Diales
- AIM Market Roundup: Proteome Sciences, TAP Global, Various Eateries
Tern PLC LON:TERN was in second place, up 21%. Again there’s no formal news out but the gains do take the stock back to levels not seen in over a month although the number of orders placed was limited and the closing spread did look wide. There might not be too much here.
- AIM Market Roundup: Oracle Power, Versarien, EnergyPathways
- AIM Market Roundup: Pri0r1ty Internet, Tower Resources, Premier African
Mobile Tornado LON:MBT was 19% higher to take the notable mention. However the share price move appears to stem off the back of buying from the COO and the uptick is well within the quoted closing spread.
Conroy Gold LON:CGNR was down 24%. Thar reflects fundraising news announced last night and the move lower reflects the discount offered for the new equity.
- AIM Market Roundup: Cambridge Cognition, Karelian Diamonds, Conroy Gold
- AIM Market Roundup: Premier African, Conroy Gold, Shearwater
Nativo Resources [LON:NTVO] was in second to last place, off 19%. Again, placing news seems to have been the driver with the discount matching the quoted offer for new equity.
