The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGetech Grp Share News (GTC)

Share Price Information for Getech Grp (GTC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 9.125
Bid: 8.75
Ask: 9.50
Change: 0.00 (0.00%)
Spread: 0.75 (8.571%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 9.125
GTC 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: Cap-XX surges as settles agreement with Tesla

Thu, 21st Mar 2024 10:43

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

----------

AIM - WINNERS

----------

Cap-XX Ltd, up 76% at 0.34 pence, 12-month range 0.058p-2.90p. The manufacturer of supercapacitors for portable electronic devices says that it has been signed a settlement agreement with Tesla Inc. "Whilst the terms of the settlement agreement are confidential, they do not involve payments to Tesla that the board of CAP-XX considers to be material to the company," Cap-XX says. Back in September 2019, Cap-XX alleged that Maxwell Technologies had directly and indirectly infringed on CAP-XX's patents for several capacitor products. Maxwell, a California-based manufacturer of energy storage and power delivery products, was acquired by Tesla in 2019 for USD218 million. However, last year, Tesla filed a counter complaint against Cap-XX in a US District Court, alleging infringement of two patents by Cap-XX.

----------

Getech Group PLC, 8.4% at 8.95p, 12-month range 4.10p-15.95p. The geo-energy and green hydrogen company says it has made a "strong" start to 2024. Revenue for the first two months of the year are about 40% ahead of the same period in 2023. In 2024 to date, Getech has secured contract wins totalling GBP900,000, including three new annual software subscription customers as well as the renewal of eight annual licenses for the Globe geoscience platform and software products. Chief Executive Richard Bennett comments: "Getech has had a good start to 2024, and I am pleased by the improved financial position of the company. Importantly, prospects for the business continue to build as we retain our long-term clients, as well as attract new brands to our growing subscription base."

----------

AIM - LOSERS

----------

Blue Star Capital PLC, down 20% at 0.026p, 12-month range 0.026p-0.25p. The investment company reports a pretax loss of GBP6.3 million for the financial year that ended September 30, 2023, widened from GBP1.3 million in financial 2022. The main factors behind the significant loss were the write down in value of the company's investments in Dynasty Media & Gaming and Sthaler and losses incurred on the realisation of the company's quoted investments. Executive Chair Tony Fabrizi says: "The last year was one of considerable disappointment for all those connected with Blue Star. The material and unexpected write down in value in our investment in Dynasty has had a significantly detrimental impact on the company's net asset value and this has obviously impacted sentiment towards the company."

----------

By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
23 Apr 2024 13:03

Getech inks deal with East Star to locate porphyry copper deposits

(Alliance News) - Getech Group PLC on Tuesday said it has struck a deal with East Star Resources PLC to locate porphyry copper deposits in Kazakhstan.

Read more
23 Apr 2024 11:36

Getech wins new contract with East Star

(Sharecast News) - Subsurface resources location company Getech has won a new contract with Kazakhstan-focussed copper exploration business East Star Resources.

Read more
15 Apr 2024 10:38

Getech wins three contracts to locate natural hydrogen for clients

(Alliance News) - Getech Group PLC on Monday said it has scored three separate contract wins related to the exploration of natural hydrogen.

Read more
15 Apr 2024 10:07

Getech secures three separate contract wins

(Sharecast News) - Subsurface resources locator Getech said on Monday that it had secured three separate contract wins related to the exploration of natural hydrogen.

Read more
15 Apr 2024 10:07

Getech secures three separate contract wins

(Sharecast News) - Subsurface resources locator Getech said on Monday that it had secured three separate contract wins related to the exploration of natural hydrogen.

Read more
21 Mar 2024 19:05

EARNINGS AND TRADING: Getech confident; Aukett Swanke makes buy

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

Read more
29 Feb 2024 19:42

EARNINGS AND TRADING: East Star, Getech strike Kazakhstan JV

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

Read more
7 Feb 2024 10:52

Getech shares rise as acting CEO and acting hair both made permanent

(Alliance News) - Getech Group PLC on Wednesday said it has named Acting Chair Michael Covington as permanent chair and acting Chief Executive Officer Richard Bennett as permanent CEO.

Read more
22 Jan 2024 13:50

Getech sells vacant part of head office for £0.65m

(Sharecast News) - Geotechnical specialist Getech announced the partial sale of its head office on Monday, after consolidating its operations during the Covid-19 pandemic.

Read more
22 Jan 2024 12:50

Getech sells part of head office; looks to move to central Leeds

(Alliance News) - Getech Group PLC on Monday said it has sold part of its head office for GBP650,000, despite the property market remaining "challenging".

Read more
3 Jan 2024 11:57

Getech announces eight new contracts worth £1.8m

(Sharecast News) - Getech announced eight new contracts on Wednesday, valued at a cumulative total of £1.8m.

Read more
3 Jan 2024 10:23

Getech shares soar on eight contract wins for Globe and Data Science

(Alliance News) - Getech Group PLC on Wednesday said it has won eight new contracts worth GBP1.8 million in total.

Read more
3 Jan 2024 10:12

AIM WINNERS & LOSERS: C4X gets Astra payment; Getech wins eight deals

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

Read more
3 Jan 2024 08:58

LONDON MARKET OPEN: Stocks mixed pre-Fed minutes, amid Asia losses

(Alliance News) - Stock prices in London opened mixed on Wednesday, ahead of US Federal Reserve meeting minutes and manufacturing PMI data for the US in the evening and afternoon respectively.

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.