Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGetech Grp Share News (GTC)

Share Price Information for Getech Grp (GTC)

Share Price is delayed by 15 minutes
Get Live Data
2.05    0.00 (0.00%)
Bid:
0.00
Ask:
0.00
Spread: 0.30 (15.789%)
Market Cap: £3.13m
GTC Live PriceLast checked at - London Stock Exchange

Intraday Getech Grp Share Chart

Getech defies gravity after licensing data

Mon, 16th Jul 2012 09:53
Getech, a business which provides geological exploration studies to help oil explorers, has issued two licences for its global continental margins gravity and magnetic datasets.The company is set to trouser more than $0.6m from the sales of data which Getech has amassed over the last 25 years. For a company which had revenue of £5.33m in its last financial year, that is a fairly chunky amount and led to the shares rising as high as 24.5p in the morning session, up from 23.75p at Friday's close. The stock is now just a penny off its 52-week high.The firm's Chief Executive, Raymond Wolfson, said: "What we are currently seeing is an increased emphasis by our clients on global exploration. Our approach has for some time been to develop exploration data and studies at global and regional scales."BS

Related News

EARNINGS AND TRADING: IG Design sees full-year sales above forecast
30 Apr 2026

EARNINGS AND TRADING: IG Design sees full-year sales above forecast

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

Getech Group returns to full-year revenue growth
20 Jan 2026

Getech Group returns to full-year revenue growth

(Sharecast News) - Getech Group reported a return to revenue growth and its first positive EBITDA result since 2019 on Tuesday, as a turnaround progra...

Getech Grp News

UK WINNERS & LOSERS: Anglo American, Lonmin Fall As Crisis Talks Fail
10 Jun 2014

UK WINNERS & LOSERS: Anglo American, Lonmin Fall As Crisis Talks Fail

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.-------FTSE 100 - WINNE...

Tuesday broker round-up UPDATE
10 Jun 2014

Tuesday broker round-up UPDATE

ASOS: Goldman Sachs reduces target price from 6250p to 5750p, while upgrading to strong buy. Avon Rubber: Investec lowers target price from 690p to 6...

Getech warns results will be significantly below expectations
10 Jun 2014

Getech warns results will be significantly below expectations

AIM-listed Getech has warned that as a result of slow purchasing levels by clients, it now anticipates that its results for the 12 months ended July 3...

Getch Full-Year Pretax Profit To Be "Significantly" Below Market Expectation
10 Jun 2014

Getch Full-Year Pretax Profit To Be "Significantly" Below Market Expectation

LONDON (Alliance News) - Getech Group PLC saw its shares slump to the bottom of AIM at the market open Tuesday after the company said it will deliver ...

UK MIDDAY BRIEFING: Weir Group Leads Flurry Of M&A Activity
1 Apr 2014

UK MIDDAY BRIEFING: Weir Group Leads Flurry Of M&A Activity

LONDON (Alliance News) - Weir Group's takeover approach to Finnish rival Metso is the biggest of a flurry of deals and potential deals announced Tuesd...

UK WINNERS & LOSERS: Babcock Rises Again; Weir Drops Sharply
1 Apr 2014

UK WINNERS & LOSERS: Babcock Rises Again; Weir Drops Sharply

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.-------FTSE 100 - WINNE...

Getech Hopes It's A Blip As Profit Slides Due To Customer Spending Slowdown
1 Apr 2014

Getech Hopes It's A Blip As Profit Slides Due To Customer Spending Slowdown

LONDON (Alliance News) - Getech Group PLC Tuesday said its pretax profit declined by 83% in the first half of its financial year as it was hit by a sl...

Tuesday broker round-up UPDATE
1 Apr 2014

Tuesday broker round-up UPDATE

African Barrick Gold: Deutsche Bank raises target price from 240p to 310p and keeps a hold recommendation. African Minerals: Deutsche Bank lowers tar...