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AIM WINNERS & LOSERS: InfraStrata jumps on joint contract win

Fri, 16th Apr 2021 11:33

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

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AIM - WINNERS

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Chamberlin PLC, up 37% at 9.6 pence, 12-month range 6p-19.45p. Shares in the castings and engineering firm are restored to trading. Posts half-year revenue to September 30 last year of GBP11.0 million, down from GBP12.8 million a year before, pretax loss narrows to GBP600,000 from loss of GBP1.8 million.

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Immunodiagnostic Systems Holdings PLC, up 11% at 205p, 12-month range 180p-420p. The diagnostic solutions provider expects revenue for year to March 31 of GBP32.7 million, down from GBP39.3 million a year before. Says second half performance has been "extremely positive".

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InfraStrata PLC, up 11% at 47.44p, 12-month range 33.49p-4,566.37p. The UK-based strategic infrastructure projects company says Italy's Saipem SpA has awarded a contract for Infrastrata subsidiary Harland & Wolff to carry out the fabrication and load-out of eight wind turbine generator jacket foundations. The contract value is GBP26 million.The contract schedule will start July 1. Saipem shares were 1.2% lower in Milan.

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Great Western Mining Corp PLC, up 6.7% to 0.25p, 12-month range 0.08p-0.42p. The miner has started drilling at its Olympic gold project in Nevada, it says. Great Western says it had started drilling the first of six planned holes at Olympic's Trafalgar Hill, where prospects have been identified through mapping and surveys.

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By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Infrastrata Pretax Loss Narrows On Admin Expenses

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28 Apr 2014 10:36

InfraStrata Teams Up With Carstone Exploration For Joint Bidding

LONDON (Alliance News) - InfraStrata PLC Monday said it has made an agreement that will see it work with Carstone Exploration Ltd to identify early stage opportunities and seek to grow an exploration portfolio in line with its investment strategy aimed at high impact exploration opportunities.Read more

28 Jan 2014 12:23

UK MIDDAY BRIEFING: Osborne Sticks To Brief Despite GDP Growth

LONDON (Alliance News) - UK Chancellor George Osborne again pledged to stick with the government's policy track Tuesday, as new figures showed the economy expanded at the fastest rate since the financial crisis last year but has still not fully recovered from the recession.

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28 Jan 2014 10:48

UK WINNERS & LOSERS: Carnival Jumps On Positive Read Across

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

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FTSE 100 - WINNERS

Carnival, up 3.1%. Numis has upgraded Carnival to Buy from Hold, increasing its target pr

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28 Jan 2014 10:06

BP Gas Marketing drops option to buy stake in Infrastrata

InfraStrata's shares tumbled after saying BP Gas Marketing Limited (BPGM) had decided to relinquish its option to buy a 50 per cent stake in the oil and gas storage company. BPGM's decision followed a review of its European gas assets portfolio which determined that further investment in InfraStrat

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28 Jan 2014 08:57

Infrastrata Says BP Gas Marketing Will Not Take Up Islandmagee Option

LONDON (Alliance News) - Infrastrata PLC Tuesday said BP Gas Marketing Ltd has decided to relinquish its option to acquire 50.495% of the shares of Islandmagee Storage Ltd. The petroleum exploration and gas storage company, with operations in the UK, said BP Gas Marketing, a subsidiary of U

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21 Jan 2014 09:55

Infrastrata Expects To Begin Drilling P1918 And PL1/10 In November

LONDON (Alliance News) - Infrastrata PLC Tuesday said it is developing operations towards production at its P1918 licence and PL1/10 exploration well. The petroleum exploration and gas storage company, with operations in the UK, said plans are progressing towards commencement of site constr

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Infrastrata Says Gas Storage Project Eligible For UK Infrastructure Scheme

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Infrastrata Shares Jump As Ireland Project Gets EU Status

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