8th Aug 2024 10:50
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Thursday.
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AIM - WINNERS
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UK Oil & Gas PLC, up 10% at 0.060 pence, 12-month range 0.013p-0.52p. The energy exploration and production company raises GBP248,204 through retail offer of 496.4 million shares priced at 0.05p.
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GCM Resources PLC, up 9.1% at 3.60p, 12-month range 0.82p-13.00p. The mining company says that the staff, Dhaka office and Phulbari facilities of its wholly owned subsidiary, Asia Energy Corp (Bangladesh) Pty Ltd, remain safe following the past two weeks of country-wide protests in Bangladesh and the subsequent resignation of their prime minister on Monday. "GCM's chief operating officer is in Bangladesh and reports that staff are in good spirits and had taken precautions to minimise personal risk and protect company assets," it adds.
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AIM - LOSERS
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Jarvis Securities PLC, down 14% at 50.50p, 12-month range 44.98p-154.75p. The stockbroking and administration services provider revenue in the first half of 2024 falls 12% to GBP6.4 million from GBP7.3 million a year earlier. Pretax profit plummets 29% to GBP2.7 million from GBP3.8 million. "Although the regulatory review is ongoing, as a firm we are currently committed to working through it and emerging in a more robust state and ready to focus on the future of the firm and its plans for growth," it says.
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By Sophie Rose, Alliance News senior reporter
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