See our roundup of today's AIM risers - see the full LSE winners & losers board here.
Prospex Oil & Gas Rises Following Issue Of Unsecured Loan Notes
Prospex Oil & Gas (PXOG) rose 34% this morning to 0.315p a share following the announcement of its unsecured Loan Notes Issue to new and existing investors, including several directors of the Company.
£480,000 was raised to fund 2019 development costs at the Selva gas discovery on the Podere Gallina Permit in Italy.
Prospex non-executive Chairman, Bill Smith, said “It is highly encouraging that first production in Romania has opened up non-equity funding options to the Company.”
“We firmly believe a huge disconnect has opened up between the underlying value of our projects and our current market valuation”
Read more here & follow PXOG here:
Keywords Studios Rises over 14%
Keywords Studios (KWS) rose 14.67% to 1626p a share this morning.
The company is an international technical services provider to the global video games industry, expected to sustain 10% growth, with a clear trend towards clients outsourcing a greater proportion of their games development.
It has a strong market position, providing services to 23 of the top 25 most prominent games companies, including Activision Blizzard, Bandai Namco, Bethesda, Electronic Arts, Epic Games, Konami, Riot Games, Sony, Square Enix, Supercell, TakeTwo and Ubisoft
Read more here & follow KWS here:
Angus Energy Rises over 11%
Angus Energy (ANGS) rose 11.48% to 8.5p a share this morning.
Angus Energy is an independent onshore oil and gas development company focused on a portfolio of licensed UK assets.
The company uses conventional production and low-risk exploration opportunities, without utilizing hydraulic fracturing (fracking), recently updating the market with a positive test programme at its Balcombe-2z well
Read more here & follow ANGS here:
Ascent Resources Rises over 22%
Ascent Resources (AST) rose 22.58% to 0.95p a share this morning.
The company is an oil and gas exploration and production company focused on onshore European gas opportunities.
It recently released an announcement that progress has been made in obtaining an IPPC permit from the Environmental Agency.
Read more here & follow AST here:
ZOO Digital Group Rises over 15%
Zoo Digital Group (ZOO) rose 15.64% to 103.5p a share this morning.
The company is a provider of cloud-based localisation and digital distribution services for the global entertainment industry.
The Company intends to announce its interim financial results on 6th November 2018, with expectations that revenues in the first half of the financial year at least 17% higher than the same period last year.
Read more here & follow ZOO here:
Trading volume in Asiamet shares are 600% above the monthly average, as investors look to take advantage of the recent dip in price the company experienced following the speculation regarding protests in the Nagan Raya area where its Beutong asset is located.
Philip Hammond gets a £10 billion boost for Budget spending after fall in borrowing, China growth slowest since financial crisis as trade war looms.
Andalas Energy (ADL), recently released its corporate presentation to the public underlining its new ongoing strategy. The oil and gas exploration and production company explores opportunities in assets in the UK and Indonesia.
Read a roundup of This Week’s Trading Updates: Broker and Tipster Sentiment by Stockomendation Analyst James Bowden.
On today's podcast: David Ciclitira, Executive Chairman of Live Company Group (LVCG) talks about their recent acquisition of Bright Bricks and about general progress at the company. Also Russ Mould, Investment Director at stockbroker AJ Bell talks about: Zytronic (ZYT), Redcentric (RCN) & Tharisa (THS).
SP Angel morning note on commodities featuring: Scotgold Resources* (SGZ LN) – Cononish update
See Today's AIM Risers Featuring Safestay, CAP-XX, Fontera Resources and PhotonStar LED Group
Unilever overhaul could be ditched after backlash, Amazon creates 1,000 new UK research roles as tech giants hone in on British talent, HSBC to list shares in Shanghai in ‘symbolic’ move
Five financial stories, trending today in a 70 second podcast, including: Food sales saw their steepest drop in three years in September as consumers tightened their belts after the unusually hot summer, the Office for National Statistics (ONS) has said. Sales of food were down 1.5% in the month, contributing to a 0.8% fall in total UK retail sales.
As predicted, shares in New York have fallen into the red in early trading, Unilever has ‘no regrets’ on U-turn over HQ as sales grow