If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCaspian Sunrise Share News (CASP)

Share Price Information for Caspian Sunrise (CASP)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 3.35
Bid: 3.30
Ask: 3.40
Change: 0.00 (0.00%)
Spread: 0.10 (3.03%)
Open: 3.35
High: 3.35
Low: 3.35
Prev. Close: 3.35
CASP Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: ImmuPharma order doubles; Aeorema swings to loss

Mon, 25th Mar 2024 10:55

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

----------

AIM - WINNERS

----------

ImmuPharma PLC, up 36% at 2.61 pence, 12-month range 0.82p-3.80p. The drug discovery and development company updates on Incanthera PLC's commercial skincare deal, announced in December 2023, with Marionnaud, part of the AS Watson Group. Says the first order from Marionnaud has now doubled to 50,000 units due to the strong demand anticipated by Marionnaud's management. The first order, on track to be delivered during the second quarter of 2024, will generate around GBP2 million in revenue for Incanthera, ImmuPharma said. ImmunPharma holds an 11% stake in Incanthera. ImmuPharma Chief Operating Officer Tim Franklin comments: "As a major shareholder in Incanthera, we are delighted with this further progress and in particular Incanthera's revenue momentum and move into profitability. This highlights the strong financial asset we have in Incanthera and the enormous opportunities within the company's revolutionary skincare range and its partnership with Marionnaud."

----------

Caspian Sunrise PLC, up 26% at 3.28p, 12-month range 2.20p-7.49p. The Kazakhstan-focused oil and gas exploration and production company said it was mulling the sale of all or part of the BNG contract area's shallow structures at "indicative prices potentially significantly greater than its current carrying value". Says any deal would likely require shareholder approval due to its size of the transaction value relative to the group. "We believe this heightened level of corporate interest in BNG's producing shallow structures is in part the result of the changes last year to the Kazakh oil trading regulations, which now require the production of oil to obtain a trading licence, and the relative scarcity of producing fields with full production licences. The sharp reduction in the discount for international sales referred to below may also have had an effect," the company says. Caspian Sunrise says no binding agreements have been entered into and there is no certainty that discussions will lead to a firm offer or that the board would put an offer before shareholders.

----------

AIM - LOSERS

----------

Aeorema Communications PLC, down 19% at 60.5p, 12-month range 55.00p-119.40p. In the six months that ended December 31, swings to pretax loss of GBP243,534 from a profit of GBP326,021 a year earlier. Revenue falls to GBP6.6 million from GBP7.1 million, while administrative expenses rise to GBP1.7 million from GBP1.2 million. Expects full-year revenue of no less than GBP19 million compared to GBP20.2 million in the financial year that ended June 30, 2023. Chair Mike Hale comments: "With a focus on adaptability and forward planning, Aeorema is well positioned for the future and is confident in its ability to deliver sustainable growth and value creation over the long term. We also expect to reaffirm our commitment to shareholders by maintaining our dividend policy. While this half year's financial performance reflects the impact of project timing, we are encouraged by the underlying strength of our business and our pipeline. Our focus remains steadfast on delivering creative brilliance for our clients on a global scale, and sustained growth and value to our shareholders."

----------

By Greg Rosenvinge, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
17 Jan 2019 14:56

Caspian Sunrise Makes Deep Well Progress At BNG Licence, Kazakhstan

LONDON (Alliance News) - Caspian Sunrise PLC on Thursday said it is making progress in returning deep well A5 at its BNG contract area in Kazakhstan to an operational level.Deep well A5 was

Read more
28 Nov 2018 14:10

Caspian Sunrise Spuds New Well At BNG, Will Oversee To Avoid Issues

LONDON (Alliance News) - Caspian Sunrise PLC said Wednesday it has spudded a new deep well at its BNG contract area in western Kazakhstan.The A8 well was spudded in the Airshagyl field of a

Read more
5 Nov 2018 13:01

Caspian Sunrise To Reach Full Production Status At MJF By Early 2019

LONDON (Alliance News) - Oil & gas explorer Caspian Sunrise PLC on Monday said it expects to reach full production status at its MJF structure in Kazakhstan in the first quarter of MJF is in -

Read more
6 Aug 2018 13:10

DIRECTOR DEALINGS: Caspian Sunrise Non-Executive Director Buys Shares

LONDON (Alliance News) - Oil & gas company Caspian Sunrise PLC said Non-Executive Director Edmund Limerick purchased 480,000 shares at a price of 10.25 pence per share on this GBP49,200 and in

Read more
1 Aug 2018 13:16

Caspian Sunrise makes progress at its deep wells

(Sharecast News) - Caspian Sunrise updated the market on operations at its BNG Deep Wells on Wednesday, confirming that 75 metres of the identified intervals at deep well 801 had been perforated.

Read more
1 Aug 2018 12:50

Caspian Sunrise Drills 75 Metres At Deep Well, Prepares To Acidize

LONDON (Alliance News) - Caspian Sunrise PLC said Wednesday that it has drilled drilled 75 metres of its four intervals at Deep Well 801.The four intervals, which are potentially were while

Read more
12 Jun 2018 16:14

UK Shareholder Meetings Calendar - Next 7 Days

Wednesday 13 JuneDCCWPPREA HoldingsSinclair PharmaWitan Pacific 14

Read more
29 May 2018 12:40

Caspian Sunrise Identifies Four Oil Bearing Intervals In Kazakhstan (ALLISS)

LONDON (Alliance News) - Caspian Sunrise PLC said Tuesday it has identified four potentially oil bearing intervals during drilling at its Deep Well 801 in western Kazakhstan as it completes the of

Read more
14 May 2018 10:54

Caspian Sunrise Revenue Jumps On Higher Oil Production, Prices

LONDON (Alliance News) - Caspian Sunrise PLC on Monday reported a sharp rise in revenue and a narrower loss as financials were boosted by increased production and higher oil Caspian, which holds a

Read more
9 May 2018 12:47

Caspian Sunrise Hoping To Save Cash When It Moves To Full Production

LONDON (Alliance News) - Caspian Sunrise PLC on Wednesday said a recent change in Kazakh law should save it USD6.0 million when it looks to move to a full production licence in Caspian can apply a

Read more
3 Apr 2018 07:25

UPDATE 1-Supermarket retailers Casino, Auchan enter purchasing partnership talks

* Follows last week's Monoprix deal with Amazon * Competition intensifying in French sector (Adds detail, background) PARIS, April 3 (Reuters) - French have

Read more
3 Apr 2018 07:15

Supermarket retailers Casino, Auchan enter purchasing partnership talks

PARIS, April 3 (Reuters) - French supermarkets Casino and Auchan have begun talks on a forming a partnership regarding the purchasing of food and non-food items, as within the

Read more
27 Mar 2018 16:43

LIVE MARKETS-Closing snapshot: European shares finally secure a rebound

* European stocks rebound, up more than 1 pct * Wall Street up only slightly after Monday's rally * Reports of U.S.-China trade talks boost risk March

Read more
27 Mar 2018 16:13

LIVE MARKETS-Blame it on Italy, or maybe don't...

* European stocks rebound, up more than 1 pct * Wall Street up only slightly after Monday's rally * Reports of U.S.-China trade talks boost risk March

Read more
27 Mar 2018 15:53

LIVE MARKETS-Tech leaders most vulnerable to rising trade barriers

* European stocks rebound, up more than 1 pct * Wall Street up only slightly after Monday's rally * Reports of U.S.-China trade talks boost risk March

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.