London’s AIM All Share Index has managed to post some modest advances on Wednesday, marginally outperforming the FTSE-100 by 3pm to sit just over two points higher at 780.36.
- Trellus Health +27%
- Polarean Imaging +25%
- Alpha Financial +21%
- Arkle Resources -17%
- 4Basebio -15%
Trellus Health LON:TRLS topped the board with just over an hour to run. Volumes were light and whilst today’s move has reversed last week’s losses, the move was barely beyond the quoted spread. It does however acknowledge last weeks’ stake building move by a single investor.
- Small Cap Stocks: Seascape Energy, Arkle, Mirriad
- Small Cap Stocks: musicMagpie, Emmerson, Arkle Resources
- Small Cap Stocks: Quantum Blockchain, Arkle Resources, Chariot O&G
Polarean Imaging LON:POLX was 25% higher on the day. This morning the company notified the market of an existing VCT investor adding to their stake, whilst two further TR-1 significant ownership declarations were also made last night and these commitments are definitely counting for something.
Arkle Resources LON:ARK was the biggest faller at copy time, off 17%. However trades have been very thin on the ground today leaving the stock to trade at a 25% spread.
4Basebio LON:4BB was also struggling at copy time, down 15%. This is however an absolute minnow of a stock with a sub £200k market cap and the decline comes off the back of two weeks worth of gains following full year numbers in early June.
Alpha Financial LON:AFM gets the notable mention, up 21% after the company responded to media speculation, confirming that management would now recommend a bid approach that had been made by Bridgepoint.
