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Small Cap Stocks: UK Oil & Gas, Jaywing, Mosman Oil

Small Cap Stocks: UK Oil & Gas, Jaywing, Mosman Oil

London’s AIM All Share put in a steady day of gains on Wednesday, taking a while to catch up with performance of the senior board but adding more than 1% to finish up almost 8 points at 785.99.

  • Jaywing +114%
  • Shield Therapeutics +32%
  • Crystal Amber +20%
  • Mosman Oil and Gas -24%
  • UK Oil & Gas -23%

Jaywing LON:JWNG was the day’s top performer, up by 114%. There’s no news here though, with management issuing a speeding ticket late in the day to say they have no justification for the support that’s being seen. Orders were lumpy and the spread significant.

Shield Therapeutics LON:STX was in second place, up 32%. Again no news but this is the stock making a second leg higher off the back of the recent trading update.

Crystal Amber [LON:CRS] was 20% higher off the back of news that an invest company has been revalued. It’s worth noting that the spread accounts for around half the gain and volumes were quite thin.

Mosman Oil and Gas LON:MSMN was 24% lower, with the company continuing to give back recent gains. Volumes were fractionally elevated but there’s no meaningful info on the table.

And UK Oil & Gas LON:UKOG was off another 23% on the day as the gains from earlier in the week continue to be eroded. The stock is however still trading multiples higher than it was a week ago.

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