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Pin to quick picksRa Internation. Share News (RAI)

Share Price Information for Ra Internation. (RAI)

London Stock Exchange
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Share Price: 7.75
Bid: 7.50
Ask: 8.00
Change: 0.00 (0.00%)
Spread: 0.50 (6.667%)
Open: 7.75
High: 7.75
Low: 7.75
Prev. Close: 7.75
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AIM WINNERS & LOSERS: Amte Power plunges on urgent need for financing

Thu, 15th Jun 2023 09:49

(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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Eden Research PLC, up 31% at 8.99 pence, 12-month range 3.00p-8.00p. Appoints Anasac Colombia Ltd as the exclusive distributor of its biofungicide product, Mevalone, in Colombia. Eden Research develops and supplies sustainable solutions for crop protection, animal health and consumer products. Says the appoint precedes a regulatory application which will be made to allow the use of Mevalone on ornamental crops in Colombia to prevent and cure outbreaks of Botrytis cinerea, a type of fungus that affects plants.

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RA International Group PLC, up 7.0% at 14.98 pence, 12-month range 11.05p-24.00p. The remote site services provider says that Andrew Bolter has agreed to bring forward the date by which he steps down from his role as chief financial officer to Thursday. David Marshall, current group financial controller, has been appointed interim CFO until a permanent appointment is made, as previously announced.

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AIM - LOSERS

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Amte Power PLC, down 67% at 17.00 pence, 12-month range 17.60p-102.00p. The lithium-ion and sodium-ion battery cells manufacturer and developer says it continues to be in discussion with potential investor regarding further financing. Back in December, the company said it would need to raise additional capital by April in order to meet its current operating costs. On Thursday, says it needs to conclude "some form" of fundraising within "no less" than the next four weeks. Notes there can be no certainty in the outcome of its discussions. Says that should the company be unable to secure additional funding, the prospects for the recovery of value, "if any", by shareholders would be "uncertain."

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Parity Group PLC, down 22% at 3.50 pence, 12-month range 3.50p-9.00p. The recruitment and professional services company says that the uncertainty in the current economy has made it "more challenging" to build on its achievements from the prior year. Nonetheless, expects to continue to build momentum in 2023 and remains committed to returning the business to growth. Believes that permanent recruitment will be a future area of growth for the business.

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By Heather Rydings, Alliance News senior economics reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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RA International shares fall as unrest persists in northern Mozambique

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TRADING UPDATES: SpaceandPeople swings to loss in 2020 amid virus

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(Sharecast News) - Remote site service provider RA International has been appointed as a teaming partner on two contracts by Cherokee Nation Mechanical, part of the Oklahoma-based, tribally-owned Cherokee Nation Businesses.

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RA International reports 'positive contract momentum' through second half

(Sharecast News) - Remote site services company RA International updated the market on its current trading on Tuesday, saying it was expecting to report revenue for the second half of at least $28m, and a gross profit margin at least consistent with the 29.1% reported for the first half.

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IN BRIEF: RA International Shakes Off Virus Worries As Profit Surges

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IN BRIEF: Danakali Hires RA International To Provide Mining Camp

IN BRIEF: Danakali Hires RA International To Provide Mining Camp

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RA International Shares Up 24% As Inks Contract In Southern Africa

RA International Shares Up 24% As Inks Contract In Southern Africa

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RA International Reports Rise In Annual Earnings, Hikes Dividend

RA International Reports Rise In Annual Earnings, Hikes Dividend

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