19th Nov 2021 10:10
(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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Wishbone Gold PLC, up 30% at 10.50 pence, 12-month range 6.8p-20.5p. The precious metals explorer says it is set for drilling at Red Setter in western Australia, with detailed access, logistics and drill site planning in the final stages of preparation. Says independent consultants have reported that the geochemistry programme recently conducted, although only 60% completed to date, has defined four new high-priority target zones for follow up drilling.
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Prime People PLC, up 13% at 75p, 12-month range 50p-80p. The recruitment company says general market recovery and a backlog of client demand boosted performance in the first half of its current financial year. Revenue was GBP10.6 million for the six months to September 30, up 22% from GBP8.7 million posted a year earlier. Net fee income up by 47% to GBP7.4 million from GBP5.0 million over the prior year. Pretax profit jumps to GBP1.1 million from GBP97,000 a year ago.
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AIM - LOSERS
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GB Group PLC, down 16% at 734.93p, 12-month range 720p-999p. Raises GBP305 million to go towards the acquisition of Acuant Intermediate Holding Corp, a verification and identity fraud prevention business. GB offers 42.1 million shares at 725p each in a placing and retail offer. The deal creates a "global leader in identity verification and identity fraud prevention," GB said on Thursday.
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Westminster Group PLC, down 8.7% at 4.155p, 12-month range 3.8p-6.8p. The security and services contractor says Covid-19 related travel restrictions, a delay in ratification of its Democratic Republic of Congo contract, and general business caution have delayed some anticipated contract awards and associated revenue. Now expects second half revenue to be "marginally" ahead of the first half, and pretax loss broadly in line.
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Greatland Gold PLC, down 6.9% at 14.9p, 12-month range 14.5p-38.5p. The mine developer and mineral explorer upsizes fundraising amid strong demand. Greatland now intends to raise USD16 million, up from USD10 million initially. Greatland Gold will issue 82.0 million shares at a price of 14.5p each.
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By Lucy Heming;Â [email protected]
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