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CRAThu, 04th Oct 2018 11:48
LONDON (Alliance News) - Cradle Arc PLC on Thursday said City Financial Investment Company Ltd, acting as investment manager for City Financial Absolute Equity Fund, dropped its stake in the mining company.
City Financial now has no shares in Cradle Arc following Tuesday's deal, having previously held 13%.
Shares in Cradle Arc were up 16% at 1.07 pence on Thursday.
Oxford Metrics Group (OMG) rallied Wednesday after the image technology company flagged half-year revenue of £14.4m and predicted a pre-tax profit ahead of the market's current forecast for the full year. The firm says it is in "robust financial health", which pleases Daniel Stewart. The broker poi
Read moreShares in Corac slumped after the compressor technology specialist said the start of a field trial for a project to be conducted with the Italian oil and gas group Eni would be delayed until the second half of 2010 rather than the fourth quarter of 2009. The trial involves using Corac's compressor
Read moreEastern Europe focused retail property investor Carpathian saw profits slide in the six months to 30 June as rental income slumped. The firm, which invests in shopping centres, supermarkets and warehouses in Croatia, the Czech Republic, Hungary, Poland, Romania, Lithuania and Latvia, posted adjuste
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