This is why the market has, probably, bottomed
Companies discussed on “Taking Stock” today: Barratt Developments #BDEV Bellway #BWY Redrow #RDW Persimmon #PSN Taylor Wimpey #TW. Van Elle #VANL Angling Direct #ANG Good Energy #GOOD Destiny Pharma #DEST Molten Ventures #GROW Marula Mining #MARU Mind Gym #MIND Crest Nicholson #CRST Ceres Power #CWR Ondo InsurTech #ONDO Kooth #KOO RUA Life Sciences #RUA Sondrel #SND H&T #HAT Billington Holdings #BILN Ramsden Holdings #RFX Jet2 #JET2 Ingenta #ING Everyman #EMAN London Stock Exchange Group #LSEG Agronomics #ANIC NetScientific #NSCI
USDA grants $25m guarantee to Agronomics' bio-protein facility1 day ago
Agronomics has secured a US$25 million USDA loan guarantee for Liberation Labs' biomanufacturing facility, set to alleviate the industry's fermentation capacity shortage and enable cost-efficient production of novel bio-based proteins by Q1 2025
Marula Mining initiates Phase 1 exploration at Nyorinyori and NyoriGreen graphite projects in Tanzania
Marula Mining has commenced the Phase 1 exploration programme at its Nyorinyori and NyoriGreen graphite projects in Tanzania, led by geological consultants Geofields. The work will focus on high-grade and jumbo flake graphite mineralisation, with results expected in Q1 2024, contributing to the broader development plans for the projects.
MindGym targets profitability in second half amid strong pipeline growth
MindGym's H1 FY24 revenue declined to £20.9m from £26.8m in H1 FY23 due to US market challenges, offset by resilient £9.8m revenues in EMEA. With stable digital revenue and a strategic cost reduction plan, they anticipate a strong H2 FY24 return to profitability.
NetScientific's DeepTech Recycling secures £1m investment for plastic recycling technology
DeepTech Recycling, backed by NetScientific, secures a £1 million investment led by EMV Capital for its innovative plastic recycling technology. The funding will accelerate the development of its patented platform, addressing environmental challenges and supporting a circular economy for plastics.