A wall of worry has hit equities in the US as the last week of September kicks off, with the effect being felt in the UK as well. London’s AIM index lost six points as a result by 4pm, sitting at fresh one month lows of 733.47.
- Westmount Energy +37%
- Eternity Networks +35%
- Tertiary Minerals +18%
- Saietta Group -24%
- Crimson Tide -20%
Notes will be shorter today owing to some internet challenges as I am in the Middle East. BAU from tomorrow – I hope!
Westmount Energy LON:WTE topped the board, following news that a part owned subsidiary had acquired part of a North Falklands interest.
Eternity Networks LON:ENET added 35% in the wake of a broker note.
Tertiary Minerals LON:TYM gets the notable mention, up 18% following the publication of a term sheet for agreement of a Zambian mine. There’s a slew of third party investment news in here, hence the uptick.
- Small Cap Stocks: Renalytix, Sancus, Crimson Tide
- Small Cap Stocks: Landore, Tertiary Minerals, Mobile Tornado
- Small Cap Stocks: Renalytix, Corcel, Avacta
Saietta Group LON:SED was at 4pm footing the table, following the publication of a trading update ahead of its AGM. There are some positives here but the UK’s EV drivetrain sector has of course been broadsided by recent government action, so that combined with the mounting losses has likely left investors on edge.
Crimson Tide LON:TIDE slipped 20% on the day by copy time again off the back of interims. Revenues are up and the company trimmed a YoY loss. There have however been some delays in terms of new product releases.
