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AIM WINNERS & LOSERS: Origo Partners jumps after Gobi Coal stake sale

Fri, 04th Jun 2021 11:27

(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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Origo Partners PLC, up 36% at 0.21 pence, 12-month range 0.015p-0.45p. The Isle of Man-based investment firm says it has sold its entire stake in Gobi Coal & Energy Ltd for USD275,437. Origo had first acquired an interest in Ulaanbaatar, Mongolia-based Gobi Coal in 2009.

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VR Education Holdings PLC, up 18.48p, 12-month range 10.00p-25.80p. The virtual technology company says its virtual communications software platform ENGAGE wins new enterprise customers. Says Facebook Inc has renewed its enterprise account and doubled the number of user licenses. In addition, an unnamed US firm - with a market value of more than USD100 billion - has also agreed a contract to use ENGAGE's virtual office solution, it adds.

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Pelatro PLC, up 9.7% at 54.85p, 12-month range 32.00p-73.75p. The marketing software specialist wins additional modules from existing customers, adding up to USD200,000, that will be delivered in 2021. With these, the total value of contracts in hand and representing 2021 revenue is USD7.0 million, it adds.

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Artisanal Spirits Co PLC, shares start trading at 117.50p, up 4.9% from the initial public offering price of 112p. Edinburgh-based Artisanal Spirits owns Scotch Malt Whisky Society Ltd as its main subsidiary. This provides single cask Scotch malt whisky, selling the product online to its "discerning global membership".

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AIM - LOSERS

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boohoo Group PLC, up 2.4% at 312.70p, 12-month range 197.60p-433.50p. Morgan Stanley raises the online fashion retailer to Equal Weight from Underweight. It has a market value of GBP3.94 billion, one of the largest on AIM,

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By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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