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Share Price: 0.0675

Bid: 0.065

Ask: 0.07

Change: 0.00 (0.00%)

Spread: 0.005 (7.692%)

Open: 0.0675

High: 0.0675

Low: 0.0675

Prev. Close: 0.0675

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AIM WINNERS & LOSERS: Bigblu Broadband rises on Quickline stake sale

Fri, 23rd Apr 2021 11:31

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

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AIM - WINNERS

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Bigblu Broadband PLC, up 14% at 122.6 pence, 12-month range 78p-142p. The broadband services provider says it has agreed to sell its holding in Quickline, the holding company for Quickline Communications Ltd, to private markets investment firm Northleaf Capital Partners. Bigblu says the sale values its 57% stake in Quickline at GBP48.6 million, equivalent to 84 pence per Bigblu share.

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Baron Oil PLC, up 12% at 0.11p, 12-month range 0.06p-0.13p. The oil and gas exploration company says it has increased its shareholding in exploration and production firm SundaGas Pte Ltd. Baron says it has increased its shareholding in Singapore-based SundaGas to 85% from 33%, thereby increasing its indirect interest in the Chuditch PSC project to 64% from 25%.

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Oilex Ltd, up 9.9% at 0.31p, 12-month range 0.06p-0.51p. The oil and gas company says the government of India has approved the Cambay PSC work programme and budget for the 2021-2022 financial year.

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Alba Mineral Resources PLC, up 9.8% at 0.31p, 12-month range 0.05p-0.58p. The mineral exploration and development company confirms gold mineralisation from the Llechfraith lode at the Clogau-St David's gold mine in Wales. Says its phase one drilling encompassed 10 drill holes, with a final drilled total of 1,158 metres.

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Fulham Shore PLC, up 8.8% at 17.4p, 12-month range 4.5p-17.49p. The restaurant operator reopens 70 out of its 72 Franco Manca and Real Greek branches, operating as much al-fresco dining as possible. Says group sales in the week ended this past Sunday were "very encouraging", being not only ahead of the previous week, but also ahead of the same week two years ago in April 2019.

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e-Therapeutics PLC, up 5.9% at 20.85p, 12-month range 1.01p-26.8p. The drug discovery firm says it has received two payments from Galapagos NV for meeting operational and success-based milestones.

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By Arvind Bhunjun; arvindbhunjun@alliancenews.com

More News

11 Oct 2022 11:16

GreenRoc Mining touts graphite deposit of "global significance"

(Alliance News) - GreenRoc Mining PLC on Tuesday said it had discovered a graphite deposit in its Greenland licenses that could be of "global significance".

26 Sep 2022 22:10

TRADING UPDATES: GreenRo completes drilling; Mediclinic gets approval

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

31 Aug 2022 16:07

TRADING UPDATES: Strong trading from Shoe Zone, Fulham Shore

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

23 Aug 2022 11:31

Alba takes full ownership of Clogau Gold Project

(Sharecast News) - Alba Mineral Resources has agreed to acquire the remaining 10% interest in Gold Mines of Wales (GMOW), it announced on Tuesday, to take full ownership of the Clogau Gold Project.

23 Aug 2022 10:59

AIM WINNERS & LOSERS: Alba Mineral rises on Clogau ownership deal

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

23 Aug 2022 10:08

Alba Mineral snaps up remaining 10% stake of Clogau gold project

(Alliance News) - Shares in Alba Mineral Resources PLC rose on Tuesday after revealing it has agreed to take full ownership of the Clogau gold project in Wales.

23 Aug 2022 08:48

LONDON MARKET OPEN: Recession fears weigh on stocks ahead of UK PMI

(Alliance News) - European markets fell at the start of trade on Tuesday, with investors bracing for some downbeat PMI readings amid worries over inflation, rising interest rates and energy supply woes.

22 Aug 2022 11:47

GreenRoc shares rise on 'good' phase 2 drilling results in Greenland

(Alliance News) - GreenRoc Mining PLC on Monday said returns from phase 2 drilling at the Amitsoq graphite project in southern Greenland were as good as those from phase 1.

15 Aug 2022 14:34

IN BRIEF: UKOG, Alba Mineral note potential for Horse Hill appeal

UK Oil & Gas PLC - London-based exploration and production company focused on UK and Turkey - Updates on legal proceedings regarding Horse Hill oil field. Following the UK Court of Appeal's dismissal of the challenge from Sarah Finch on behalf of Weald Action Group to the Surrey County Council's grant of production consent at Horse Hill, Finch is given a final legal avenue to appeal the decision to the Supreme Court. Should the case go ahead, it is expected to be heard at some point from the second quarter of 2023 onwards. This would be the final legal recourse for Finch.

8 Jul 2022 10:02

IN BRIEF: GreenRoc shares rise on Greenland exploration license win

GreenRoc Mining PLC - London-based miner focused mineral projects in Greenland - Receives additional exploration license from government of Greenland for its Amitsoq graphite project. Says license includes potential southerly extension to the Kalaaq deposit.

6 Jun 2022 19:13

IN BRIEF: GreenRoc to begin phase two drilling in Greenland soon

GreenRoc Mining PLC - miner focused mineral projects in Greenland - Will commence phase two drilling operation at the Amitsoq Island Graphite Project in southern Greenland later this month. The operation is expected to last for 12 weeks. GreenRoc plans to drill up to 27 holes with the aim of increasing and upgrading the current maiden resource of 8.28 tonnes at 19.75% graphitic carbon.

24 May 2022 12:18

Alba Mineral hails high-grade gold returns at Clogau-St David's

(Alliance News) - Alba Mineral Resources PLC on Tuesday said assay results from the Clogau-St David's gold mine's waste tip in Wales showed higher gold concentrate grades compared with the average.

19 May 2022 14:28

Alba Mineral Resources expects news flow from investee companies

(Alliance News) - Alba Mineral Resources PLC said on Thursday it expects a steady stream of news flow from investee companies.

16 May 2022 18:07

IN BRIEF: UK Oil & Gas wins approval to convert HH-2z into water well

UK Oil & Gas PLC - London-based exploration and production company focused on UK and Turkey - North Sea Transition Authority grants formal consent for the re-completion of Horse Hill-2z into a water reinjection well.

13 May 2022 13:51

IN BRIEF: UK Oil & Gas and Alba get extension for work at Horse Hill

UK Oil & Gas PLC - London-based exploration and production company focused on UK and Turkey - North Sea Transition Authority grants one-year extension for work programme at PEDL137 licence, which contains the producing Horse Hill oil field. The extension allows UKOG to drill a second well at Horse Hill's Kimmeridge oil pool, with work scheduled to begin before September 2023. UKOG owns an 86% stake in Horse Hill, and is the operator, with a 12% stake held by Alba Mineral Resources PLC. Horse Hill is an oil project near Gatwick Airport in southern England. In May, UKOG won a full production permit for the field.

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