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AIM WINNERS & LOSERS: Minds + Machines up on USD120 million asset sale

Thu, 08th Apr 2021 11:24

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

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AIM - WINNERS

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Minds + Machines, up 63% at 7.5 pence, 12-month range 3.23p-8.38p. The operator of internet top-level domains says it is to sell a majority of its assets to Registry Services, an affiliate of GoDaddy, for USD120 million cash.

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Distil, up 21%, at 3.15p, 12-month range 0.75p-3.20p. The distiller says it has launched RedLeg Tropical Rum, the third flavour extension to the RedLeg Rum brand.

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Cambridge Cognition, up 20% at 118p, 12-month range 18.80p-124p. The Cambridge, England-based neuroscience technology wins GBP500,000 contract with a new pharmaceutical client to provide cognitive assessments in an at-home clinical trial.

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AIM - LOSERS

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ASOS, down 2.2% at 5,672.00p, 12-month range 1,755.30p-5,994.95p. The online fashion retailer

says half sales rose by almost a quarter, but is cautious over its near term outlook. In the six months to February 28, revenue rose 24% to GBP1.98 billion from GBP1.60 billion a year earlier. The measure includes other items such as delivery receipts and third party revenue. Says it is "well-positioned" though it is "retaining caution on near term consumer outlook" due to the timing of Covid-19 restrictions being lifted, as well as the possibility of future peaks of the virus.

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By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Minds + Machines Wins Rights To .Garden And .Yoga Domains

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UK MORNING BRIEFING: London IPO Market Continues Pickup

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The IPOs of Exova Group, Cambian Group and Polypipe Group mean 14 companies have now li

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11 Apr 2014 06:52

Minds + Machines To Bid For .Garden .Property And .Yoga

LONDON (Alliance News) - Minds + Machines Group Ltd said Friday that it will participate in a minimum of three top-level domain private auctions April 22, bidding for the domains .garden, .property and .yoga. A top level domain name is the suffix of an internet address such as .com or .net

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3 Apr 2014 09:50

Minds + Machines To Launch First New Top Level Domains April 15

LONDON (Alliance News) - Minds + Machines Group Ltd said Thursday that its first batch of top level domains will launch April 15, when it will begin accepting applications from trademark holders for new domains. The first batch includes .FISHING, .VODKA, .RODEO, .COOKING, .HORSE and .COUNTR

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