Support for the AIM All Share proved short lived, with negative sentiment returning on Tuesday, leading the junior index almost three points lower to close at 743.75.
- Orosur Mining +45%
- Ethernity Networks +18%
- Vast Resources +17%
- Coro Energy -48%
- Vector Capital -32%
Orosur Mining [LON:OMI] added 45% on the day, topping the board after the company provided an update on its work in Colombia, which once again gives it 100% ownership of the Anza gold project. Management note that they had expected this deal to complete and as a result have already started the field planning process, accelerating timelines.
Ethernity Networks LON:ENET sat 18% higher at the bell. The stock slumped yesterday off the back of placing news but this has been followed by a statement that the US government has approved the company’s involvement in a $1m licensing deal with a US tech company.
- AIM Market Roundup: Ethernity Networks, Verici DX, Aferian
- AIM Market Roundup: Rome Resources, Celadon Pharmaceuticals, Churchill China
Coro Energy LON:CORO was the biggest faller, off 48%. That move came after the stock’s listing was reinstated following its suspension at the company’s request back in April. That was initially to appoint new directors, but final results weren’t submitted until last night, either, more than two months past due.
- AIM Market Roundup: Ethernity Networks, Verici DX, Aferian
- AIM Market Roundup: Immupharma, Poolbeg, Xeros
Vector Capital slipped 32% LON:VCAP, extending the losses posted yesterday. There’s still no news here but volumes were once again elevated.
A notable mention to Vast Resources LON:VAST whose shares added 17% off the back of news that an existing shareholder had upped his 9% holding in the business to more than 12%.
