The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSDX Energy Share News (SDX)

Share Price Information for SDX Energy (SDX)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 3.90
Bid: 3.80
Ask: 4.00
Change: 0.00 (0.00%)
Spread: 0.20 (5.263%)
Open: 3.90
High: 3.90
Low: 3.90
Prev. Close: 3.90
SDX Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: SDX comes up empty; Powerhouse plans new site

Wed, 18th Aug 2021 11:07

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

----------

AIM - WINNERS

----------

Powerhouse Energy Group PLC, up 6.8% at 4.00 pence, 12-month range 2.35-10.35p. The company, which transforms plastics and waste into clean energy, notes PEEL NRE plans to develop a second waste plastic to hydrogen site at the Rothesay Dock. The dock is located on the north bank of the River Clyde, West Dunbartonshire in Scotland. "The 13,500 tonne facility will be the second in the UK to use pioneering DMG technology developed by Powerhouse, after plans for a similar facility at Peel NRE's Protos site in Cheshire were approved in 2019," Powerhouse explains.

----------

AIM - LOSERS

----------

Falanx Group Ltd, down 4.8% at 1.00 pence, 12-month range 0.81p-1.76p. The cyber security and strategic intelligence services said its performance in its most recently ended financial year was hurt by delays associated with coronavirus pandemic. Falanx said revenue totalled GBP5.2 million for the year ended March 31, down from GBP5.8 million posted the year before, due to Covid-19 delays in the first half. Despite that, Falanx said it expects to report reduced a loss at an adjusted earnings before interest, tax, depreciation and amortization level for the year due to tight cost control. Going forward, Falanx said trading for the first four months of the current financial year has been encouraging and is in line with management's expectations.

----------

SDX Energy PLC, down 10% at 13.02 pence, 12-month range 13.02p-19.45p. Hits 12-month low as drilling at the HA-1X exploration well on the Hanut prospect at South Disouq in Egypt showed the Basal Kafr El Sheikh sand had been eroded but noted good quality sands were found at the Qawasim level, however they were not charged with gas. Chief Executive Mark Reid said: "Whilst the result of this well is disappointing, I remain positive about the remaining prospectivity in the area which has not been materially impacted."

----------

TMT Investments PLC, down 10% at USD9.00, 12-month range USD3.30-USD11.95. The Jersey-based investor in early-stage technology firms said its performance improved over the first half of 2021. Net asset value per share stood at USD7.49 as at June 30, up 23% from USD6.10 reported as of the end of 2020. During the first six months of 2021, the company said it had made USD14.1 million of investments across 13 new and existing portfolio companies. Since the end of June, TMT Investments said it has completed a further seven investments totalling USD8.3 million in new companies, namely Collectly, VertoFX, MetroSpeedy and Academy of Change, and existing companies, Postoplan, Novakid and Backblaze.

----------

By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
14 Dec 2021 21:42

IN BRIEF: SDX's two-well campaign delayed into first quarter of 2022

IN BRIEF: SDX's two-well campaign delayed into first quarter of 2022

Read more
14 Dec 2021 11:49

SDX Morocco campaign faces Covid-related delays

(Sharecast News) - Middle East and North Africa-focussed SDX Energy said on Tuesday that, due to operational issues affecting the drilling of the KSR-19 well and Covid-19 border restrictions impacting the mobilisation of equipment and personnel into Morocco, the current two-well campaign was delayed.

Read more
19 Nov 2021 11:21

IN BRIEF: SDX Energy starts second phase drilling in Morocco

IN BRIEF: SDX Energy starts second phase drilling in Morocco

Read more
19 Nov 2021 09:31

SDX Energy begins second phase of 2021 Morocco campaign

(Sharecast News) - Middle East and North Africa-focussed SDX Energy announced the start of the second phase of its 2021 drilling campaign in Morocco on Friday.

Read more
18 Oct 2021 15:41

SDX Energy spuds infill well on Meseda field

(Sharecast News) - Middle East and North Africa-focussed SDX Energy announced the spudding of the MSD-21 infill development well on the Meseda field on Monday.

Read more
18 Oct 2021 14:10

IN BRIEF: SDX Energy spuds first development well in Egyptian campaign

IN BRIEF: SDX Energy spuds first development well in Egyptian campaign

Read more
20 Aug 2021 12:05

IN BRIEF: SDX Energy loss widens, Egypt well to be abandoned

IN BRIEF: SDX Energy loss widens, Egypt well to be abandoned

Read more
20 Aug 2021 10:11

SDX Energy above mid-point guidance as earnings rise

(Sharecast News) - Middle East and North Africa-focussed oil and gas company SDX Energy reported a netback of $22.1m in its first half on Friday, which was 26% higher year-on-year, and primarily driven by strong demand in Morocco.

Read more
18 Aug 2021 11:42

SDX Energy shares fall as drilling at HA-1X well disappoints

SDX Energy shares fall as drilling at HA-1X well disappoints

Read more
5 Aug 2021 13:47

SDX Energy spuds Hanut-1 exploration well

(Sharecast News) - Middle East and North Africa-focussed SDX Energy announced the spudding of the Hanut-1 exploration well, 'HA-1X', which is the second well in its 2021 two-well drilling campaign in South Disouq, following the successful IY-2 well announced in July.

Read more
5 Aug 2021 12:52

TRADING UPDATES: Rainbow Rare and Berkeley Energia suffer watchdog woe

TRADING UPDATES: Rainbow Rare and Berkeley Energia suffer watchdog woe

Read more
29 Jun 2021 17:10

TRADING UPDATES: Gaming Realms BetMGM deal; Argo bitcoin-backed loan

TRADING UPDATES: Gaming Realms BetMGM deal; Argo bitcoin-backed loan

Read more
29 Jun 2021 12:31

SDX Energy begins South Disouq drilling campaign

(Sharecast News) - Middle East and North Africa-focussed SDX Energy announced the start of the South Disouq drilling campaign on Tuesday, to comprise two wells in the coming months.

Read more
28 Jun 2021 19:35

TRADING UPDATES: Anglo-Eastern tips palm oil price fall; DX expands

TRADING UPDATES: Anglo-Eastern tips palm oil price fall; DX expands

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.