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AIM WINNERS & LOSERS: Inland Homes falls on major project delays

6th Sep 2022 10:43

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

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AIM - WINNERS

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Orosur Mining Inc, up 44% at 17.25 pence, 12-month range 7.50p-19.00p. Returns substantial, high-grade gold intersection from first three diamond drill holes at the Anza project in Colombia. Intersection of 150.90 metres at 3.00 grammes per tonne of gold from the surface. Adds additional holes are now underway across the Pepas and Pupino prospects on Anza.

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Feedback PLC, up 11% at 0.64 pence, 12-month range 0.47p-1.37p. Wins 12-month contract worth GBP450,000 for the extension of a pilot development programme for Sussex Health & Care Partnership's integrated care system at the Queen Victoria hospital. Company will provide community diagnostic centre services to aid Sussex Health in adopting further clinical pathways. Contract follows on from previously announced memorandum of understanding which began the pilot scheme.

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AIM - LOSERS

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Inland Homes PLC, down 34% at 18.25 pence, 12-month range 17.45p-59.90p. Company experiencing unforeseen planning delays for two major schemes under its Land and Asset Management segments. As a result, the timing of land disposals have been revised. These were expected to contribute over GBP75.0 million in revenue and "significant" profitability to the group. Following the delays, the financial benefit will now be registered in the next financial year ending September 30, 2023. Firm now expects to post a pretax loss of GBP37.1 million for the full-year, widened from previous expectations of a GBP29.3 million loss.

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By Heather Rydings; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


Related Shares:

Orosur MiningFeedbackINL.L
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