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AIM WINNERS & LOSERS: Serinus well disappoints; PCF tumbles

Wed, 05th Oct 2022 10:30

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

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AIM - WINNERS

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Omega Diagnostics Group PLC, up 25% at 2.87 pence, 12-month range 2.12p-56.69p. The special medical diagnostics company receives a positive draft performance evaluation report from the World Health Organisation for its Visitect CD4 Advanced Disease Rapid test. "If the Visitect CD4 Advanced Disease test successfully meets all WHO pre-qualification requirements, it will continue to be made available for sale by Accubio and the company will receive the full GBP4.0 million of deferred consideration," Chief Executive Officer Jag Grewal explains.

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AIM - LOSERS

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Serinus Energy PLC, down 23% at 8.90p, 12-month range 0.090p-10.50p. The Jersey-based upstream oil and gas exploration and production company says readings from the Moftinu Nord-1 well did not show sufficient gas resources to justifying continuing with the testing and completion of the well.

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PCF Group PLC, down 28% at 1.63p, 12-month range 1.63p-16.46p. Says PCF Bank to suspend new lending "until further notice". PCF says it is still looking to raise further growth capital, "by way of business, operational or asset sales or other options".

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By Eric Cunha; ericcunha@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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