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Pin to quick picksCyanconnode Share News (CYAN)

Share Price Information for Cyanconnode (CYAN)

London Stock Exchange
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Share Price: 8.30
Bid: 8.20
Ask: 8.40
Change: 0.00 (0.00%)
Spread: 0.20 (2.439%)
Open: 8.30
High: 8.30
Low: 8.25
Prev. Close: 8.30
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AIM WINNERS & LOSERS: Cora Gold shares up on "fantastic" drill results

Wed, 04th Aug 2021 10:45

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

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AIM - WINNERS

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Cora Gold Ltd, up 33% at 15.3 pence, 12-month range 6.9p-16.8p. The West African-focused gold company reports results from drilling at Sanankoro gold project, southern Mali. Highlights 49 metres at 15.55 grams per tonne gold and 32 metres at 7.83 grams per tonne gold. Calls these "two further fantastic holes" from the ongoing Sanankoro drill programme. "Even more significantly, the objective of this drilling has been to extend the existing 65m average depth pit shells at Selin deeper, and these initial results provide a great deal of encouragement as we target an updated resource at the end of this programme," says Chief Executive Bert Monro.

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88 Energy Ltd, up 17% at 2.83p, 12-month range 0.25p-4.7p. The Alaska-focused oil exploration and appraisal company says further studies conducted in conjunction with the Merlin-1 post well testing and analysis have identified additional upside at the Umiat oil field, Alaska. Receives approval from Bureau of Land Management to defer Umiat year 2 Unit well commitment by 24 months to end of August, 2023. "The 24-month extension to the Year 2 unit obligations allows the company to optimise a full field development plan, which will include evaluating potential synergies with plans associated with the project Peregrine acreage. It will also enable 88 Energy to use the knowledge gained from drilling the Merlin-1 well to plan an efficient operational program to maximise the chance of success at Umiat," it says.

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Cyanconnode Holdings PLC, up 10% at 12.15p, 12-month range 3.2p-14.5p. The narrowband radio frequency smart mesh networks firm wins contract for a smart metering deployment in Africa. Says around 90% of revenue will be recognised during the first two years of the contract with the balance being received during the annual maintenance contract.

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AIM - LOSERS

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Trinity Exploration & Production PLC, down 7.7% at 150p, 12-month range 73.45p-187.5p. Reports the sudden death of Bruce Dingwall, executive chair, on Tuesday. He founded Trinity in 2005, following the acquisition of Venture Production PLC's Trinidadian assets, and became executive chair in 2013.

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By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
18 Sep 2018 15:57

CyanConnode rockets after record $11.6m purchase order

(Sharecast News) - CyanConnode scored its largest order to date for the Omnimesh IPv6-based smart metering solution on Tuesday with the receipt of $11.6m purchase from an Indian state-owned utilities firm.

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23 Jul 2018 11:30

CyanConnode gets new 10,000 unit order for India

(Sharecast News) - Narrowband radio mesh network technology company CyanConnode announced the receipt of a purchase order from Larsen & Toubro for its 'Optimal' technology on Monday, for 10,000 smart metering units in India.

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6 Feb 2017 09:03

CyanConnode Receives Panmesh Software Licence Order From Swedish Firm

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6 Feb 2017 08:14

CyanConnode receives order for 100,000 software licences from Swedish system integrator

(ShareCast News) - AIM-listed clean technology firm CyanConnode has received an order for 100,000 software licenses from HM Power Metering, a Swedish-based systems integrator, to implement smart grid and internet of things systems. The purchase order is expected to cover HM Power's initial requireme

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22 Aug 2016 12:14

CyanConnode widens H1 loss in pivotal period

(ShareCast News) - CyanConnode has widened its half-year pretax loss to £2.86m, from a loss of £2.29m, in a period that it described as pivotal for the group. Revenue improved to £1.03m, from $157,328. "This was a pivotal period for the Group as we significantly enhanced our capabilities and offerin

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14 Jul 2016 15:44

Cyan Holdings, Enzen in Irish collaboration

(ShareCast News) - AIM-listed Cyan Holdings said it has signed a strategic partnership agreement with Enzen Global to collaborate to deliver expertise in narrowband mesh technology to the Internet of Things (IoT) market in Ireland. "This agreement will provide combined value to support Smart Energy

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14 Jul 2016 07:16

Cyan Signs Strategic Partnership With Enzen For Irish Market

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6 Jul 2016 14:47

Cyan Holdings' revenues rise on acquisition and global contracts

(ShareCast News) - Integrated systems and software design company Cyan Holdings' half year profits rose in line with expectation as due to the acquisition of CyanCannode and a growth of international contracts. In the AIM listed company's trading update for the six months ended 30 June, it said reve

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6 Jul 2016 08:20

Cyan Expecting First Half Revenue Six Times Higher Than Prior Year

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14 Jun 2016 12:19

Cyan Holdings buys Connode for £6.8m

(ShareCast News) - Cyan Holdings, a British integrated system and software design company, has bought Connode, a Swedish supplier of wireless communication products, for £6.8m. The sale will be partly funded through a share placing and a subscription. The £6.8m sale of Connode consists of £4.3m in c

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14 Jun 2016 09:35

WINNERS & LOSERS SUMMARY: FirstGroup Up 9% As Rival Go-Ahead Drops 15%

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14 Jun 2016 07:46

Cyan Sets GBP17 Million In Deals As It Buys Connode, Sells Shares (ALLISS)

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6 Jun 2016 07:21

Cyan Loss Widens As Spending Ramp-Up Delivers Revenue Growth

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24 May 2016 12:33

Cyan Holdings Eyes GBP12.5 Million Fundraising To Back Purchase (ALLISS)

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3 May 2016 07:48

Cyan Holdings Signs Smart Metering Distribution Deal In Thailand

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