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AIM WINNERS & LOSERS: Win for Inland Homes; relief for LendInvest

Fri, 14th Oct 2022 11:01

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

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AIM - WINNERS

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Inland Homes PLC, up 6.0% at 19.88 pence, 12-month range 17.45p-59.90p. The developer secures planning permission for a brownfield development, called Calvary Barracks in Hounslow, west London. It says Calvary Barracks is a 37 acre former UK Ministry of Defence site with a gross development value of GBP600 million.

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LendInvest PLC, up 5.8% at 64.00 pence, 12-month range 54.00p-220.00p. The stock is set to post its first daily gain since September. Shares in the non-bank mortgage lender have been hit recently by UK mortgage market fears in the wake of the government's mini-budget, which pushed up mortgage interest rates and caused some lenders to pull offers. Since the start of September, shares have fallen 57%.

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AIM - LOSERS

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BiON PLC, down 53% at 0.070p, 12-month range 0.0015p-0.070p. Shares resumed trading on Wednesday and have since slid 72%. Shares resumed trading on Wednesday after the cash shell posted belated earnings, though BiON expects to be suspended again on Thursday next week, as it is "highly unlikely it will be able to complete a reverse takeover" .

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By Eric Cunha; ericcunha@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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