Today’s AIM Movers with Shoe Zone increasing total dividend by 91.2%, featuring SHOE, PYC, IOG, EYE, PPC, KDNC
A round up of today’s AIM listed movers
is up 11% to 200p following the release of its preliminary results which revealed it had increased total dividend by 91.2% to 19.5p per share, after releasing a special dividend of 8p and an increased proposed final dividend to 8p. The group increased its profit before tax by 18.4% to £11.3m, the highest annual performance since it IPO’d in 2014. It cited strong performance throughout the business, despite operating in a challenging consumer environment.
SHOE price chart
is up 11% to 4.5p following the news highlighted by the Daily Mail that it is catching the attention of the world of oncology. It is attending the Biotech Showcase conference in San Francisco where many of the world's most successful biotech and pharmaceutical companies attend and participate in meetings with prospective partners. The AIM listed company owns a virtual tumour software used to predict the effect of cancer drugs that in turn helps improve R&D success rates. The company shares have been experiencing momentum, which opened at 3.85p at the beginning at the week. Trading volume today has tripled the daily average.
is up 7% to 14.65p after announcing an SNS core project upgrade yesterday. With the FID expected in under twelve weeks, imminent drilling with “financing plans… advancing,” momentum for the stock is building as it becomes an increasingly attractive investment case. Adding to this excitement is the fact that the expectation of the whole project delivering a 77% IRR and £668m of post tax NPS 10 on peak production of over 230 MMcf/d.
is up 8% to 118.5p as it continues to rise following the announcement of a 5 year contract with Waitrose & Partners on Monday. Sir Terry Leahy, former chief executive of Tesco and a non-executive director of the company, bought more than £150,000 worth of shares yesterday, which signalled to the markets the confidence he has in the business. Shares opened on Monday at 99.5p a share and have risen almost 20% since.
is up 9% to 10.05p a share after beating its year-end target of 3,000 boepd, ending 2019 with approximately 3,300 boepd. The increase represents an increase of over 50% year on year from the company’s Puesto Prado and Estancia Vieja. The news was greeted with high levels of enthusiasm, as trading volumes tripled.
is up 15% following yesterday’s announcement that all directors in the company had acquired shares under the Defined Director Purchase Programme. Traders followed suit pushing trading volumes 7 times above the daily average and driving the company shares up 15% to 0.147p each. The company specialises in investing in lithium mining projects globally, particularly upstream exploration and development assets with strategic cost advantages that are not replicable.
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