Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picks88 Energy Share News (88E)

Share Price Information for 88 Energy (88E)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.1075
Bid: 0.105
Ask: 0.11
Change: 0.005 (4.76%)
Spread: 0.005 (4.762%)
Open: 0.105
High: 0.11
Low: 0.11
Prev. Close: 0.105
88E Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

LONDON AIM WINNERS & LOSERS: Journeo Shares Rally On Purchase Orders

Fri, 22nd Jan 2021 10:30

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

----------

AIM - WINNERS

----------

Journeo, up 30% at 65.00 pence, 12-month range 43.4p-74.82p. The transport technical services firm said it has received purchase orders worth GBP1.3 million for the supply of its advanced public transport information systems from a Northern Transport Partnership.

----------

VR Education Holdings, up 10% at 13.25p, 12-month range 4p-25.8p. The virtual reality education and enterprise training firm said 2020 revenue is expected to be EUR1.4 million, up 38% on 2019. VR Education added that it has closed during 2020 in excess of EUR1.8 million in new business, which should be recognised over the next 36 months.

----------

AIM - LOSERS

----------

88 Energy, down 23% at 0.46p, 12-month range 0.2p-1.43p. The oil producer said that, in relation to its operations in Alaska, it is seeking clarification on a recently announced 60-day suspension of authority to issue new drilling permits on federal land by the US Department of the Interior. 88 Energy said it is in close communication with the Bureau of Land Management, which has indicated it will continue to process the company's permit to drill in anticipation of receiving a signature on or before February 12. "There is cause for optimism due to the advanced nature of the existing operations (which is one of the carve outs for the suspension)," noted 88.

----------

China Nonferrous Gold, down 11% at 8.9p, 12-month range 7p-17.41p. The Takijistan-focused gold miner said it has signed a new agreement with China CITIC Bank Corp for a loan facility of up to CNY300 million, around USD46.4 million. China Nonferrous expects to draw down USD20 million of the loan, which will go towards the replacement of the CCB Macau loan of USD20 million which is due in January.

----------

Zytronic, down 10% at 134.50p, 12-month range 70p-243.95p. The manufacturer and developer of touch technology products said it was difficult to foresee a return to profitability in its current financial year to the end of September, due to constraints caused by the Covid-19 pandemic. Zytronic's reorganisation and cost-reduction measures have allowed it to keep positive earnings before interest, tax, depreciation and amortisation, as well as a rise in orders for the year to date; however, with the pandemic constraints affecting the group's major overseas markets such as Gaming, a recovery to historic levels will depend on how quickly there is an effective vaccination programme.

----------

Jet2, down 8.6% at 1,359.39p, 12-month range 182.5p-1,950p. The leisure travel firm was lower in a negative read-across after airline International Consolidated Airlines was cut to Reduce from Hold by Kepler Cheuvreux. FTSE 100-listed IAG was London's worst blue-chip performer on Friday, down 4.4%.

----------

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
11 Mar 2020 15:05

88 Energy pleased with progress at Charlie-1 well

(Sharecast News) - 88 Energy updated the market on operations for the currently-drilling Charlie-1 appraisal well on the North Slope of Alaska on Wednesday.

Read more
11 Mar 2020 13:18

88 Energy's Charlie-1 Well In Alaska Drilled To 3,500 Feet

88 Energy's Charlie-1 Well In Alaska Drilled To 3,500 Feet

Read more
3 Mar 2020 15:35

88 Energy begins drilling Charlie-1 appraisal well

(Sharecast News) - 88 Energy updated the market in operations for the currently-drilling Charlie-1 appraisal well, on the North Slope of Alaska on Tuesday.

Read more
3 Mar 2020 12:10

88 Energy "Optimistic" After Kicking Off Drilling At Charlie-1 Well

88 Energy "Optimistic" After Kicking Off Drilling At Charlie-1 Well

Read more
12 Feb 2020 09:35

88 Energy Expects To Spud Charlie-1 Well In "Late February"

88 Energy Expects To Spud Charlie-1 Well In "Late February"

Read more
24 Jan 2020 08:53

88 Energy Raising Over GBP2.5 Million To Fund Alaska Projects

88 Energy Raising Over GBP2.5 Million To Fund Alaska Projects

Read more
22 Jan 2020 09:35

88 Energy Shares Slip As It Confirms Potential Capital Raise

88 Energy Shares Slip As It Confirms Potential Capital Raise

Read more
20 Jan 2020 11:36

88 Energy Eyes February Drilling At Project Icewine's Charlie-1 Well

88 Energy Eyes February Drilling At Project Icewine's Charlie-1 Well

Read more
15 Jan 2020 11:05

88 Energy Says Operations At Project Icewine Progressing As Planned

88 Energy Says Operations At Project Icewine Progressing As Planned

Read more
15 Jan 2020 09:04

88 Energy on track ahead of drilling of Charlie-1

(Sharecast News) - 88 Energy updated the market on the upcoming drilling of the Charlie-1 appraisal well at Project Icewine, located on the Central North Slope in Alaska on Wednesday, reporting that ice road construction was now fully underway with around 25% of the base road now complete, and about 35% of the total route staked and pre-packed.

Read more
27 Dec 2019 14:39

88 Energy on track for February spud at Charlie-1

(Sharecast News) - 88 Energy updated the market on the upcoming drilling of the Charlie-1 appraisal well at Project Icewine, on the Central North Slope in Alaska on Friday, reporting that the initial snow trail from the Dalton Highway was now complete.

Read more
27 Dec 2019 09:12

88 Energy Moves Towards Charlie-1 Well Spud In February Next Year

88 Energy Moves Towards Charlie-1 Well Spud In February Next Year

Read more
27 Nov 2019 14:38

88 Energy's Icewine Deal With Premier Oil Executed; Charlie-1 To Spud

88 Energy's Icewine Deal With Premier Oil Executed; Charlie-1 To Spud

Read more
22 Oct 2019 11:49

88 Energy In More Farm-Out Talks As Charlie-1 Well Drilling Nears

88 Energy In More Farm-Out Talks As Charlie-1 Well Drilling Nears

Read more
22 Oct 2019 11:17

Progress remains solid at 88 Energy's Project Icewine

(Sharecast News) - Oil explorer and developer 88 Energy updated the market on its activities in the quarter ended 30 September on Tuesday, reporting that at Project Icewine, the conventional farm-out was executed with Premier Oil in the period.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.