After a turbulent session, the AIM index has managed to finish fractionally higher, reaching the bell up around one point at 742.23
- Osirium Technologies +83%
- Instem +40%
- Pelatro +37%
- UKR Product Group -33%
- Barkby -15%
Osirium Technology LON:OSI topped the board, advancing 83% by the bell. The company’s directors have recommended an all cash acquisition of 2.35p per share. Current prices are fractionally below that.
- Small Cap Stocks: UKRProduct, Braveheart, Microlise
- Small Cap Stocks: Rockfire, Proteome, Ukrproduce
- Small Cap Stocks: Roadside Real Estate, Kodal Minerals, Naked Wine
Instem LON:INS was in second place, up 40% again in the wake of a recommended cash offer for the business. Again with the bid proposed at 833p per share, the current price is there or thereabouts.
Pelatro LON:PTRO gets the notable mention, up 37% on the day. The stock collapsed yesterday in the wake of news that it was looking at delisting. However the move is eclipsed somewhat by the significant spread quoted.
UKR Product LON:UKR was the day’s biggest faller. The Ukrainian food producer slipped 33% but with very limited dealflow this is merely an accounting move. Nothing to see here.
Barkby LON:BARK was in second to last place although losses were a modest 15%. There’s no news out and orders were limited but some significant lumpy sells were placed. Again the move is within the spread quoted at the close.