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WINNERS & LOSERS: Quantum Data restored; Asos upbeat on outlook

24th Sep 2026 11:36

(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Thursday.

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Main Market small-cap winners

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Quantum Data Energy PLC, up 213% at 3.75 pence, shares restored to trading

Cykel AI PLC, up 82% at 34.50p

Ferro-Alloys Resources Ltd, up 14% at 5.35p

Symphony International Holdings Ltd, up 13% at USD0.40

Asos PLC, up 8.6% at 467.00p, expects annual adjusted Ebitda to be above the midpoint of guidance range

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Main Market small-cap losers

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Bay Capital PLC, down 13% at 11.75p

BSF Enterprise PLC, down 11% at 1.00p, reverses Wednesday's gains after securing a key US patent for its Etsyl technology

London BTC Co Ltd, down 10% at 1.75p

Georgina Energy PLC, down 9.8% at 9.25p, confirms Hussar drilling delay in Western Australia after heavy rain

Honye Financial Services Ltd, down 9.6% at 45.00p

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AIM winners

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Mothercare PLC, up 26% at 0.13 pence

Mercantile Ports & Logistics Ltd, up 24% at 1.55p

TomCo Energy PLC, up 13% at 0.04p, Valkor to start re-entry and production programme at Asphalt Ridge

Premier African Minerals Ltd, up 12% at 0.01p

Phoenix Copper Ltd, up 12% at 0.70p

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AIM losers

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Celsius Resources Ltd, down 17% at 0.25p

Litigation Capital Management Ltd, down 15% at 2.00p

Tavistock Investments PLC, down 12% at 2.55p, swings to pretax loss

ImmuPharma PLC, down 12% at 3.51p

Forgent PLC, down 10% at 0.01p

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Small-cap and AIM movers in focus:

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Quantum Data Energy PLC, up 213% at 3.75 pence, 12-month range 1.20p-6.50p. Resumes trading on the London Stock Exchange after the FCA lifts the temporary suspension of its shares with effect from Thursday morning. The suspension followed delays to the publication of its annual accounts after former auditor Crowe UK unexpectedly resigned in April. Quantum disputed the reasons given by Crowe for its resignation and subsequently appointed a new auditor to complete the audit. Following publication of the audited annual accounts, the company applied for restoration of its listing and trading in its shares.

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Georgina Energy PLC, down 9.8% at 9.25 pence, 12-month range 2.30p-16.00p. Says delays in mobilising Ensign Rig 970 to site are due to adverse weather conditions. The helium, hydrogen and natural resources developer also says it has implemented a new seismic programme.

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Asos PLC, up 8.6% at 467.00 pence, 12-month range 206.50p-468.00p. Expects adjusted Ebitda for financial 2026 to be above the midpoint of its GBP150 million to GBP180 million guidance range after increasing by more than 25% year-on-year. The fashion retailer says adjusted gross margin exceeds 50%, ahead of its previous 48% to 50% guidance, while gross merchandise value returns to low-single-digit growth in the fourth quarter. Full-year GMV falls 5.0%, although womenswear GMV rises 3.0%, accelerating to 8.0% growth in the second half. Net debt falls to around GBP110 million at August 30 from GBP184.7 million a year earlier.

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TomCo Energy PLC, up 13% at 0.04 pence, 12-month range 0.02p-0.10p. Says partner Valkor is starting a re-entry and production programme on pilot wells at its Asphalt Ridge project in Utah, targeting initial production of 20 to 40 barrels of oil per day. Valkor plans an eight-well horizontal drilling programme targeting around 250 to 300 barrels per day per well, with each well expected to cost around USD6 million. TomCo expects to have the opportunity to participate in one or more wells, subject to raising the required funding. Installation of Valkor's 500-barrel-per-day demonstration oil-sands separation plant is also underway, with asphalt production expected to start in the first quarter of 2027. TomCo could subsequently pursue financing and construction of a larger 5,000-barrel-per-day plant if the demonstration facility proves commercially viable.

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Tavistock Investments PLC, down 12% at 2.55 pence, 12-month range 2.40p-5.30p. Swings to a pretax loss of GBP8.5 million in financial 2026 from a GBP6.7 million profit a year earlier, as revenue falls to GBP23.2 million from GBP32.6 million and it records no gain on disposals compared with GBP20.0 million the prior year. Administrative costs decline to GBP16.8 million from GBP23.1 million, while other non-recurring costs fall to GBP3.4 million from GBP6.6 million. The investment manager says its focus in financial 2027 is on completing the integration of its businesses.

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By Eva Castanedo, Alliance News senior economics reporter

Comments and questions to [email protected]

Copyright 2026 Alliance News Ltd. All Rights Reserved.


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Quantum DataCykel AiSymphonyASOSBay CapitalBio-Sustainable Future EnterprisesLondon BtcGeorgina EnergyMothercareMercantile Ports & LogisticsTomco EnergyPremier African MineralsPhoenix Copper LimitedCelsius Resources LimitedLitigation Cap.TavistockImmupharmaForgent
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