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AIM WINNERS & LOSERS: Blockchain and podcasts prosper in 2021

Fri, 31st Dec 2021 10:55

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London in 2021.

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AIM - WINNERS

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Quantum Blockchain Technologies PLC, last traded at 2.99 pence; up sharply after ending 2020 at 0.265p. Clear Leisure changed its name to Quantum Blockchain Technologies in May after raising funds to focus on a new investment strategy focused on blockchain, cryptocurrency and quantum computing - a strategy shift which seems to have been cheered on by shareholders as over 2020, Clear Leisure shares slipped 12%. It's been a mixed year for the crypto space, though the price of Bitcoin still remains higher at the end of 2021 than it was at the start.

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Zephyr Energy PLC, last traded at 6.80p; up sharply after ending 2020 at 0.875p. The exploration and production company, focused on oil and gas projects in the Rocky Mountain region of the US, has had a strong year amid a steady stream of good news. It earlier in December said that after a "highly successful" well test at the 16-2LN-CC well at its Paradox Basin project in Utah, there is the potential to drain a larger hydrocarbon resource and with stronger economics than initially forecast. More broadly, it's been a good year for the natural resources sector as energy prices saw a recovery from pandemic-induced lows, with Brent oil reaching as high as USD86.68 in 2021.

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Petroneft Resources PLC, last traded at 3.9p; up sharply after ending 2020 at 0.65p. Oil & gas peer Petroneft has also enjoyed a strong 2021. The stock was recently buoyed after last week reporting that licences 67 and 61 now collectively have a proved, probable and possible net attributable reserve of 107.15 million barrels following an audit by Miller & Lents, up 2.8% from 104.21 million barrels, the figure given by the legacy audit from Ryder Scott.

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Audioboom Group PLC, last traded at 1,420.0p; up sharply after ending 2020 at 262.5p. The London-based podcast producer has raised its outlook multiple times in 2021 as momentum continued to build. Most recently, Audioboom in December said it expects earnings and revenue ahead of current market expectations for 2021, driven by further development of its technology platform and a continued focus on its expansion plan.

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AIM - LOSERS

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Simec Atlantis Energy Ltd, last traded at 1.55p; down sharply after ending 2020 at 21.5p. The tidal and hydro energy producer was hit after in October reporting that the Welsh government will now itself decide on permit variation application for the conversion of the Uskmouth power station and has blocked Natural Resources Wales - which had previously indicated that it was minded to award the variation to the permit - from making a determination. The firm described the "further delay" as a blow and will look at all available legal options.

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Active Energy PLC, last traded at 0.20p; down sharply after ending 2020 at 1.4p. Another renewable energy firm, Active Energy in August temporarily suspended production of renewable fuel pellet CoalSwitch after one of the reactors failed at its Ashland plant. The firm recently raised GBP3 million through a discounted fundraise for engineering, design work, permitting and purchase of equipment for the Ashland biomass fuel facility in Maine.

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ADM Energy PLC, last traded at 0.838p; down sharply after ending 2020 at 5.35p. The natural resources investing company recently received a letter on behalf of shareholders which hold in excess of 5% stake in firm to requisition a general meeting calling for the removal of CEO Osemede Okhomina, COO Richard Carter, Non-Executive Chair Oliver Andrews and Richard Jennings as directors with immediate effect. ADM has become embroiled in a dispute over the Barracuda oil field in Nigeria. "ADM, and its legal advisers, continue to assert that the dispute brought by NHNL is without merit," it said in November.

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By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
19 Oct 2022 15:29

DIRECTOR DEALINGS: Vistry CEO invests GBP2.8 million; Asos chair buys

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Wednesday and not separately reported by Alliance News:

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17 Oct 2022 12:17

ADM Energy raises USD725,000; CEO Osa Okhomina to step down

(Alliance News) - ADM Energy PLC shares jumped on Monday after it said it has raised around GBP725,000 through a subscription and loan, and announced that its Chief Executive Osa Okhomina plans to step down.

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29 Sep 2022 12:17

IN BRIEF: ADM Energy shares down on interim revenue fall

ADM Energy PLC - London-based natural resource investor - Reports a 24% fall in revenue to GBP600,000 for the six months ended June 30, from GBP785,000 a year ago. Pretax loss, however, narrows to GBP834,000 from GBP1.5 million, as administrative expenses fall to GBP897,000 from GBP1.2 million a year ago. Operating expenses decline by 52% to GBP530,000 from GBP1.1 million a year ago.

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12 Aug 2022 12:43

ADM Energy confirms 17th lifting from Aje Field

(Sharecast News) - Natural resources investor ADM Energy announced the completion of the 17th lifting at the Aje Field on Friday, which is part of the OML 113 licence, offshore Nigeria.

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12 Aug 2022 09:47

IN BRIEF: ADM Energy looks to increase Aje production after lifting

ADM Energy PLC - London-based natural resource investor - Completes 17th lifting at the Aje field, which is part of OML 113 licence offshore Nigeria. Notes 94,187 barrels lifted from storage at field, with net share of 8,683 barrels to ADM, which holds a 9.2% profit interest.

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13 Jul 2022 16:12

UK shareholder meetings calendar - next 7 days

Thursday 14 July 
BT Group PLCAGM
Dr Martens PLCAGM
Great Western Mining Corp PLCAGM
Helical PLCAGM
Mind Gym PLCAGM
Personal Assets Trust PLCAGM
Randall & Quilter Investment Holdings LtdAGM
RS Group PLCAGM
Triple Point VCT 2011 PLCAGM
Vietnam Enterprise Investments LtdAGM
Friday 15 July 
Aveva Group PLCAGM
DCC PLCAGM
DP Poland PLCAGM
Griffin Mining LtdAGM
MC Mining PLCGM re subscription
Monday 18 July 
Audioboom Group PLCAGM
JPMorgan European Discovery Trust PLCAGM
Tuesday 19 July 
Biotech Growth Trust PLCAGM
Clean Power Hydrogen PLCAGM
e-Therapeutics PLCAGM
Norcros PLCAGM
Ten Lifestyle Group PLCGE re commitment to sustainability, B Corp certification
Wednesday 20 July 
ADM Energy PLC AGM
Alkemy Capital Investments PLCAGM
DeepVerge PLCAGM
easyJet PLCGM re purchase of 56 Airbus A320neo family aircraft & conversion of 18 A320neo family aircraft
Fidelity China Special Situations PLCAGM
HarbourVest Global Private Equity LtdAGM
HICL Infrastructure PLCAGM
Novacyt SAAGM rescheduled from June 21
Plaza Centers NVAGM
Premier Foods PLCAGM
Royal Mail PLCAGM
Triad Group PLCAGM
Wynnstay Properties PLCAGM & GM re share buyback
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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13 Jul 2022 13:59

IN BRIEF: ADM Energy shares surge as Panoro and PetroNor complete sale

ADM Energy PLC - London-based natural resource investor - Notes Panoro Energy ASA completed the sale of its entire stake in OML 113 to PetroNor E&P Ltd. Says PetroNor bought Panoro's interest with an upfront payment of USD10 million and a contingent payment of USD16.7 million based on future gas production volumes.

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1 Jul 2022 20:05

TRADING UPDATES: Capital wins contracts; 4D pharma pauses enrolment

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and Friday and not separately reported by Alliance News:

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1 Jul 2022 11:25

AIM WINNERS & LOSERS: Itaconix rises on record revenue performance

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

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1 Jul 2022 10:01

ADM Energy notes Barracuda legal case delayed till November

(Alliance News) - ADM Energy PLC on Friday said the Federal High Court of Nigeria has further adjourned legal proceedings over its Barracuda oil field until November 16.

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23 Jun 2022 11:02

IN BRIEF: ADM Energy narrows loss in 2021 as revenue doubles

ADM Energy PLC - London-based natural resource investor - Reports lower loss in 2021 as revenue doubles. Pretax loss narrows to GBP2.5 million from GBP6.9 million in 2020. Revenue jumps to GBP1.8 million from GBP799,000 in 2020. Firm does not proposes a dividend, unchanged from 2020. Cites Aje Field in Nigeria as good investment: "2021 was a good year of progress for ADM Energy. It was our first full year since almost doubling our interest in the Aje Field which helped achieve a significant increase in revenues over the previous year," it explains.

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6 May 2022 14:39

IN BRIEF: ADM Energy notes Barracuda legal case delayed till late June

ADM Energy PLC - London-based natural resource investor - Federal High Court of Nigeria further adjourns legal proceedings over its Barracuda oil field until June 30. Back in December, ADM and KOHN (UK) Ltd were granted an interim injunction against Noble Hill-Network Ltd, preventing the company or any associated person from "selling, disposing, divesting or tampering with" KOHN's 70% shareholding interest in NHNL to any third-party investors. NHNL challenged the order, but this was rejected by the court, ADM says.

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30 Mar 2022 20:32

IN BRIEF: ADM Energy notes completed CPR for Barracuda prospect

ADM Energy PLC - London-based natural resource investor - Company and Xodus has completed its Competent Persons Report on the Barracuda prospect in OML141, offshore Nigeria.

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2 Mar 2022 21:16

IN BRIEF: ADM Energy notes Barracuda legal case delayed till early May

ADM Energy PLC - London-based natural resource investor - Federal High Court of Nigeria adjourns legal proceedings over its Barracuda oil field further until May 5.

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21 Jan 2022 10:38

IN BRIEF: ADM Energy raises GBP561,000 through subscription

IN BRIEF: ADM Energy raises GBP561,000 through subscription

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