AIM Weekly News Update (23rd September)
AIM Risers This Week
- Clontarf Energy (+87.50%)
- CyanConnode (+79.26%)
- Global Petroleum (+45.10%)
- Anglo Asian Mining (+37.78%)
- Petrel Resources (+28.21%)
- SolGold (+25.51%)
- RedT Energy (+23.53%)
- Forbidden Technologies (+22.86%)
- Providence Resources (+21.70%)
- Frontier IP Group (+21.62%)
AIM Fallers This Week
- Kellan Group (-57.86%)
- Futura Medical (-49.51%)
- Minoan Group (-37.61%)
- Petro Matad (-27.47%)
- Infrastructure India (-21.33%)
- Alliance Pharma (-20.22%)
- Herencia Resources (-20.00%)
- ReNeuron Group (-19.16%)
- Altona Energy (-18.18%)
- Cradle Arc (-17.11%)
AIM Broker Recommendations
The full list of this week’s AIM broker recommendations and price targets can be found in this post.
AIM New Issues
The native in-game advertising group, Bidstack Group PLC (BIDS), announced its admission to AIM by way of a reverse takeover (previously called Kin Group PLC).
AIM Suspensions & Cancellations
Concha PLC announced this week that the Company will not be in a position to announce it has entered into any definitive agreement with a suitable business for a reverse takeover by 4 October 2018, and therefore expects the London Stock Exchange to cancel the admission of the Company’s ordinary shares to trading on AIM with effect from 7.00 am on 5 October 2018.
AIM Share Tips in the Press
Midas gave a buy recommendation for video games maker, Sumo Group, this week, concluding that it is a well-run business, with loyal customers and high profit margins in a fast-growing market.
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