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Small Cap Stocks: Image Scan, Electric Guitar, Chaarat Gold

Small Cap Stocks: Image Scan, Electric Guitar, Chaarat Gold

London’s AIM All Share index has seen limited support through Thursday’s session, lagging the main board and failing to gain any momentum ahead of tonight’s election result. Heading into the close and the junior market was up one tenth of a point at 770.22.

  • Image Scan Holdings +51%
  • Bluejay Mining +26%
  • Distribution Finance Capital Holdings +24%
  • Electric Guitar -21%
  • Chaarat Gold -19%

Image Scan Holdings LON:IGE was topping the board heading into the close, standing some 51% higher. The company posted news of a contract award this morning for a prominent UK defence company. The deal has a value of £3m over 36 months, with revenues being realised from FY25

Bluejay Mining LON:JAY added 26% on the day. Last Friday’s final results sparked some significant interest in the stock but this eroded earlier in the week. Today sees the share price push back towards that recent peak.

Electric Guitar LON:ELEG was at the foot of the table approaching the close. However, there’s a wide spread quoted here and volumes were limited, weighted very much on the sell side.

Chaarat Gold LON:CGH was in second to last place, down 19%. That extends the losses seen over the last couple of days off the back of Tuesday’s news of management changes and the latest corporate update. Losses are now in excess of 60% on the week.

A notable mention for Distribution Finance Capital Holdings LON:DFCH which was 24% higher off the back of an interim trading update which also saw half year profit expectations being upgraded.

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