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(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.
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AIM - WINNERS
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Renalytix PLC, up 13% at 1,037.00 pence, 12-month range 400.00p-1,220.00p. Shares in the artificial intelligence-enabled diagnostics company are higher after it appointed Daniel Levangie to its board of directors. The company says Levangie is co-founder and manager of ATON Partners, a private-investment firm, and president of CereVasc, LLC, a medical device company.
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Bigblu Broadband PLC, up 11% at 118.40p, 12-month range 78.00p-143.50p. The broadband services provider posts narrowed pretax loss and is confident on its outlook. For six months to May 31, pretax loss narrows to GBP67,000 from GBP3.7 million on revenue that rises to GBP16.2 million from GBP12.1 million. Also proposes a return of GBP26 million to shareholders through a bonus issue of a new class of B shares, which the company will redeem for cash to return 45.00p per ordinary share to shareholders.
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AIM - LOSERS
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Reabold Resources PLC, down 12% at 0.28p, 12-month range 0.26p-0.87p. Shares in the oil and gas company hit fresh 12-month low after it says B-1Z well at its West Newton project onshore England will be suspended after issues at the Kirkham Abbey reservoir. It holds 56% interest in West Newton field and 16.7% direct licence interest in PEDL183 which contains West Newton A-1 discovery well and WNA-2 appraisal well. Union Jack Oil PLC, down 5.5% at 26.00p, 12-month range 20.90p-55.00p. Oil and gas company also holds 16.7% direct licence interest in PEDL183.
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com
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