Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTavistock Share News (TAVI)

Share Price Information for Tavistock (TAVI)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 3.40
Bid: 3.30
Ask: 3.50
Change: -0.15 (-4.23%)
Spread: 0.20 (6.061%)
Open: 3.55
High: 3.40
Low: 3.30
Prev. Close: 3.55
TAVI 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 Energy receives gas prepayment from Citic

Thu, 05th Oct 2023 10:16

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

----------

AIM - WINNERS

----------

SDX Energy PLC, up 17% at 4.38 pence, 12-month range 3.50p-9.50p. The North-Africa focused oil and gas firm receives a gas prepayment amount of around USD1.9 million from Citic Group subsidiary. Says prepayment is evidence of "deepening partnership" between the two parties. Citic Dicastal is SDX's largest offtaker, and has an "increasing and immediate" demand for its gas. Will use funds to pay for drilling of KSR-21 well in Morocco.

----------

Tavistock Investments PLC, up 9.3% at 5.19p, 12-month range 4.25p-9.50p. The investment manager says trading in the first five months of its financial year, which ends March 31, is "significantly" ahead of the equivalent period last year. Gross revenue rises 19% to GBP17.2 million from GBP14.5 million a year prior, and gross margin increases by 40% to GBP6.7 million from GBP4.8 million. Tavistock also posts earnings before interest, tax, depreciation and amortisation of GBP1.6 million, swinging from a loss of GBP140,000.

----------

AIM - LOSERS

----------

MaxCyte Inc, down 20% at 198.90p, 12-month range 170p-650.00p. The cell engineering-focused provider of platform technologies shares a disappointing third-quarter update. Says total revenue will fall between 25% and 27% year-on-year to between USD7.8 and USD8.0 million. Core business revenue is expected to fall between 33% and 35%. It now expects annual revenue to be between USD34 and USD36 million, which would be down from USD44.3 million in 2022. This is due to the "ongoing volatility in customer activity in the life science tools sector", which it attributes to the depressed funding environment within Cell & Gene Therapy sector. MaxCyte had been guiding for annual growth of 21% to 26% back in March, before cutting the range to 8% to 12% in May.

----------

Helium One Global Ltd, down 19% at 4.05p, 12-month range 3.90p-10.30p. The Tanzania-focused helium explorer reports a setback in the drilling of the Tai-3 well. Says late Wednesday, its Predator 220 drilling rig suffered a component failure within the main rig carrier. "In order to undertake the necessary repairs, mechanical parts will need to be brought in from outside of Tanzania and, as a result, will require us to temporarily suspend operations whilst these repairs are carried out," it explains. Expects it to take around two weeks to source the needed parts and repair the rig. It then expects to recommence drilling in accordance with its original programme.

----------

By Elizabeth Winter, Alliance News senior markets reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
26 Sep 2022 11:17

Tavistock Investments reports "most successful year" in its history

(Alliance News) - Tavistock Investments PLC shares were lifted on Monday as it praised its "most successful year" in history in its end-of-year report.

Read more
27 Jun 2022 10:45

Tavistock Investments boasts "most successful trading year" in history

(Alliance News) - Tavistock Investments PLC said on Monday it experienced its "most successful trading year" in the company's history and declared an increased interim dividend.

Read more
23 May 2022 19:29

TRADING UPDATES: Big Yellow's annual profit surges on occupancy gains

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more
23 May 2022 13:59

Tavistock agrees to acquire asset research firm Hummingbird

(Sharecast News) - Tavistock Investments has agreed to acquire the entire issued share capital of LEBC Hummingbird, it announced on Monday, for £3m in cash.

Read more
11 Feb 2022 11:41

AIM WINNERS & LOSERS: Mycelx sinks 15% despite positive outlook

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

Read more
10 Feb 2022 19:05

IN BRIEF: Tavistock terminates Morgan Financial Group acquisition

IN BRIEF: Tavistock terminates Morgan Financial Group acquisition

Read more
17 Jan 2022 13:06

Tavistock agrees £3.7m acquisition of Morgan Financial Group

(Sharecast News) - Tavistock Investments has agreed to acquire the entire issued share capital of Morgan Financial Group, it announced on Monday, which it described as an independent financial advisory group with offices in Bath and Cheltenham.

Read more
17 Jan 2022 13:03

Tavistock Investments acquires advisory firm Morgan for GBP3.7 million

Tavistock Investments acquires advisory firm Morgan for GBP3.7 million

Read more
10 Jan 2022 10:51

Tavistock Investments surges after acquiring minority stake in LEBC

Tavistock Investments surges after acquiring minority stake in LEBC

Read more
6 Dec 2021 11:56

Tavistock swings to pretax profit and declares dividend; shares rise

Tavistock swings to pretax profit and declares dividend; shares rise

Read more
6 Dec 2021 11:49

Tavistock turns in solid first half after selling TWL

(Sharecast News) - Financial services company Tavistock reported interim net assets of £49.8m in its half-year accounts on Monday, up from £15m at the start of the period.

Read more
6 Dec 2021 11:21

AIM WINNERS & LOSERS: Tavistock and Fulham Shore swing to profit

AIM WINNERS & LOSERS: Tavistock and Fulham Shore swing to profit

Read more
30 Sep 2021 15:54

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
7 Sep 2021 12:03

IN BRIEF: Tavistock Investments swings to profit, plans share buyback

IN BRIEF: Tavistock Investments swings to profit, plans share buyback

Read more
7 Sep 2021 10:27

AIM WINNERS & LOSERS: Tavistock eyes buyback; IQE's currency caution

AIM WINNERS & LOSERS: Tavistock eyes buyback; IQE's currency caution

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.