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Share Price Information for Crimson Tide (TIDE)

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Share Price: 177.50
Bid: 175.00
Ask: 180.00
Change: 0.00 (0.00%)
Spread: 5.00 (2.857%)
Open: 177.50
High: 177.50
Low: 177.50
Prev. Close: 177.50
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AIM WINNERS & LOSERS: Crimson Tide in green after contract win

Thu, 10th Feb 2022 11:26

(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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Crimson Tide PLC, up 12% at 2.52 pence, 12-month range 2.10p-4.20p. The mobile software firm wins a GBP400,000 contract with an unnamed contract catering company, which will be using company's mpro5 product to digitise its daily logbooks. Crimson Tide also announces partnership with IT group Cisco Meraki.

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Nanosynth Group PLC, up 10% at 0.85p, 12-month range 0.55p-3.50p. The digital monitoring and safeguarding systems manufacturer says joint venture partner Volz Holdings to convert their production line to provide the capability for Nanosynth's alphaviron layer to be included across Volz's product range. This is expected to save considerable cash expenditure, it explains.

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AIM - LOSERS

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88 Energy Ltd, down 14% at 2.31p, 12-month range 0.45p-2.75p. The Australia-based oil exploration company intends to raise up to AUD30 million, or GBP15.8 million, in share placing of AUD0.035 per share or 1.8p each. Placing price is 33% discount to closing share price of 2.70p in London on Wednesday.

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Active Energy Group PLC, down 3.3% at 0.17p, 12-month range 0.15p-1.40p. The renewable energy business receives "notice of intent to sue" from Southern Environmental Law Center alleging that the company is discharging wastewater without the required permits from its Lumberton property in North Carolina. Active Energy denies SELC allegations it is discharging wastewater without permits and says will continue to take robust legal action in response and in defence.

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By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
5 Jun 2024 11:05

Crimson Tide says Checkit proposal neither "adequate nor attractive"

(Alliance News) - Crimson Tide PLC on Wednesday said a possible bid from Checkit PLC "significantly undervalues the company and its prospects," and it rejected the accusation that it had refused to engage with its suitor.

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4 Jun 2024 10:23

Checkit says Crimson Tide rejects GBP12 million possible bid approach

(Alliance News) - Checkit PLC on Tuesday released details of a GBP12 million bid approach for Crimson Tide PLC which it said had been "unequivocally rejected".

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4 Jun 2024 09:27

Checkit proposes merger with rival Crimson Tide

(Sharecast News) - Software business Checkit announced plans to merge with rival Crimson Tide on Tuesday, stating the acquisition would help both companies create "a scaled workflow software company".

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17 Apr 2024 11:16

Crimson Tide annual revenue jumps 15%; promotes COO Meyers to CEO

(Alliance News) - Crimson Tide PLC on Monday reported a jump in revenue and narrowed loss in 2023, as it promoted its chief operating officer to the role of chief executive officer.

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23 Jan 2024 11:16

Crimson Tide edges higher as swings to profit; turnover up 15%

(Alliance News) - Crimson Tide PLC on Tuesday said its full-year revenue has edged up 15% and it is "well positioned" for growth.

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28 Nov 2023 12:22

Crimson Tide anticipates narrowed loss in 2023 on mpro5 demand

(Alliance News) - Crimson Tide PLC on Tuesday said it expects a narrower yearly loss as clients are turning to its mpro5 offering for efficiency drives.

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24 Oct 2023 15:48

UK shareholder meetings calendar - next 7 days

Wednesday 25 October 
Arcontech Group PLCAGM
Hargreaves Services PLCAGM
Kavango Resources PLCGM re takeover
MGC Pharmaceuticals LtdGM re consolidation of capital, share placement
Pendragon PLCGM re strategic partnership with Lithia and name change to Pinewood Technologies PLC
Springfield Properties PLCAGM
Thursday 26 October 
Alumasc Group PLCAGM
Brooks Macdonald Group PLCAGM
Feedback PLCAGM
Filtronic PLCAGM
Global Invacom Group LtdEGM re cancellation of admission to trading on AIM
Hipgnosis Songs Fund LtdAGM
Hipgnosis Songs Fund LtdEGM re sale of portfolio
IMC ExplorationEGM re takeover of Karaberd
Made Tech Group PLCAGM
Mattioli Woods PLCAGM
Mid Wynd International Investment Trust PLCAGM
Novacyt SAAGM
South32 LtdAGM
Tirupati Graphite PLCAGM
TMT Acquisition PLCAGM
Friday 27 October 
Anglesey Mining PLCAGM
Bens Creek Group PLCAGM
Dialight PLCGM re admission of shares
KCR Residential REIT PLCAGM
Monday 30 October 
Angus Energy PLCGM re Kemexon Conversion Shares
Tuesday 31 October 
Bowen Fintech PLCAGM
City of London Investment Trust PLCAGM
Crimson Tide PLCGM re share consolidation
Indus Gas LtdAGM
New Energy One Acquisition Corp PLCAGM
Newmark Security PLCAGM
Tlou Energy LtdAGM
Walls & Futures REIT PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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10 Oct 2023 11:53

IN BRIEF: Crimson Tide extends contract with major client

Crimson Tide PLC -Kent, England-based software developer and provider of mpro5 solution - Extends contract with one of the UK's "leading educational catering providers" to 950 sites across the country, representing a 50% increase to the monthly recurring revenue of the contract and takes total contracted revenue to GBP270,000. Also inks new three-year contract with an existing governing body in Ireland. Says this includes a 56% increase in MRR and raises the total value for the contract to EUR460,000.

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10 Oct 2023 10:00

Crimson Tide scores additions and extensions to existing contracts

(Sharecast News) - Software firm Crimson Tide said on Tuesday that it had extended its reach into educational catering and the Irish Government with additions and extensions to existing contracts.

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25 Sep 2023 13:28

Crimson Tide swings to positive earnings in first half

(Sharecast News) - Crimson Tide reported a 30.9% improvement in revenue in its first half on Monday, to £3m, while annual recurring revenue jumped 35.1% year-on-year to £5.9m.

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25 Sep 2023 10:15

AIM WINNERS & LOSERS: Getech shares drop as interim loss widens

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

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25 Sep 2023 09:44

Crimson Tide grows half-year revenue but pauses Beepro development

(Alliance News) - Crimson Tide shares plummeted on Monday as the firm reported increased revenue and inched closer to profitability in its latest half year, but alongside operational setbacks.

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20 Sep 2023 14:29

Crimson Tide wins GBP72,000 contract with university medical campus

(Alliance News) - Crimson Tide PLC on Wednesday said it has won a contract with the catering provider at the University of North Carolina Health department.

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20 Sep 2023 13:26

Crimson Tide wins deal with UNC Health

(Sharecast News) - Crimson Tide announced further expansion into the US market on Wednesday by partnering with a new client responsible for catering services at UNC Health, a division of the University of North Carolina (UNC).

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14 Sep 2023 13:12

Crimson Tide hires former Inmarsat executive as new operating chief

(Alliance News) - Crimson Tide PLC on Thursday said it hired Philip Meyers, a former executive of network provider Viasat Inc's Inmarsat arm, as its new chief operating officer.

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