88 Energy Share News (88E)

(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday.

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AIM - WINNERS

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88 Energy Ltd, up 40% at 1.51 pence, 12-month range 0.055p-1.88p. Shares in the oil exploration firm operating in Namibia and Alaska soar against a backdrop of sharply higher crude prices, with Brent quoted at USD106.71 a barrel early in London on Monday, up from USD90.85 late Friday. 88 Energy says it is "not aware of any information concerning it that has not been announced to the market which, if known by some in the market, could explain the recent trading in the company's securities."

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t42 IoT Tracking Solutions PLC, up 11% at 2.00p, 12-month range 1.60p-3.25p. The tracking and monitoring technology firm reports 2025 revenue of USD6.1 million, up 47% year-on-year from USD4.2 million, as operating profit swings to USD400,000 from a USD900,000 loss. Ebitda also turns positive at USD1.1 million, compared with a USD200,000 loss in 2024. T42 says strong momentum continues and that operations are minimally affected by turmoil in the Middle East.

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Southern Energy Corp, up 18% at 5.00p, 12-month range 2.50p-6.00p. Shares in the Mississippi-focused oil and gas producer rise as crude prices jump sharply, providing support across the energy sector.

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AIM - LOSERS

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Alien Metals, down 12% at 0.13p, 12-month range 0.057p-0.30p. The exploration company says its joint venture partner GreenTech Metals Ltd completes the phase 1 drill programme at the Munni Munni platinum-palladium-copper-nickel project in Western Australia. Alien says the programme supports transitioning the historic resource to JORC (2012) standards, with assay results pending as the next key step in advancing the project.

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By Eva Castanedo, Alliance News reporter

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