Sustainable biopesticides developer Eden Research (LON: EDEN) has appointed a new product distributor in Colombia. Anasac Colombia will be exclusive distributor of Mevalone and it will seek regulatory approval for its use on freshly cut flowers to prevent Botrytis cinerea. Colombia exported $1.73bn worth of cut flowers in 2021. The share price is 25.4% higher at 8.4p and it has more than doubled in the past week.
Trading conditions at cosmetics supplier Warpaint London (LON: W7L) continue to improve with growth of 45% in the first five months of the year, which is higher than for the first quarter. In the five months to May 2023, net cash nearly doubled to £7.5m. Margins are improving and forecast 2023 pre-tax profit has been raised by one-fifth to £14.5m. Even though the shares have gone ex-dividend, the share price has jumped 11.9% to 282.5p, which is just under 20 times prospective earnings. Compound earnings growth for the next three years is expected to be around 19%.
Oriole Resources (LON: ORR) is using the latest drilling analysis for the 90%-owned Bibemi orogenic gold project in Cameroon to identify new targets. The early geophysical imagery indicates a much finer structural detail than previously visible. The share is 5.26% ahead at 0.2p.
Bezant Resources (LON: BZT) says a £700,000 loan facility is now repayable by the end of 2024 and the conversion price is fixed at 0.08p a share. The share price rose 6.67% to 0.04p.
Battery technology developer AMTE Power (LON: AMTE) says it needs to complete a financing within four weeks. There is no certainty that any money will be raised and that means that shareholders may end up with nothing. The share price has slumped 70.6% to 15p.
Crystal Amber Holdings (LON: CRS) shares have gone ex-dividend and fallen 28% to 63p.
Chaarat Gold Holdings (LON: CGH) finished 2022 with net debt of $51m. Cash was $600,000 and that fell to $500,000, after drawing down $2m of a working capital facility. Cash generated from the Kapan mine are not enough to cover expenses and capital investment. The previously announced $250m investment by Xiwang International has still to go ahead. The share price slipped 21.2% to 9.1p.
Aptamer (LON: APTA) has lost some of yesterday’s gains on the back of a successful development of a lateral flow test to diagnose early Alzheimer’s disease. The share price has fallen back 17.1% to 14.5p., which is still 61% ahead of one week ago.
Graphene technology developer Versarien (LON: VRS) is holding a general meeting to gain shareholder approval to raise money through share issues without having to involve the existing investors. Non-core assets are being sold but cash may be required before that happens. The share price has been on the rise since the results on Friday but declined 19.7% to 2.655p on the news.
GB Group (LON: GBG) reported a loss for the year to March 2023. That was mainly due to a non-cash goodwill impairment charge. Excluding one-offs, the identity services provider was still profitable, but it was hit by weak demand from cryptocurrency and fintech customers. The total dividend was raised by 5% to 4p a share. The share price has fallen 12.6% to 250.6p.
Ex-dividends
Facilities by ADF (LON: ADF) is paying a final dividend of 0.9p a share and the share price is down 0.5p to 58.5p.
Animalcare (LON: ANCR) is paying a final dividend of 2.4p a share and the share price is unchanged at 181.5p.
Camellia (LON: CAM) is paying a final dividend of 102p a share and the share price is 100p lower at 6025p.
Crystal Amber Fund (LON: CRS) is paying a dividend of 25p a share and the share price fell 24.5p to 63p.
EMIS (LON: EMIS) is paying a final dividend of 21.1p a share and the share price is 21p lower at 1329p.
Inspired (LON: INSE) is paying a final dividend of 0.01p a share and the share price fell 0.05p to 10.7p.
Impax Asset Management (LON: IPX) is paying an interim dividend of 4.7p a share and the share price is 13.5p lower at 611.5p.
Keystone Law Group (LON: KEYS) is paying a dividend of 10.9p a share and the share price declined 6.5p to 437.5p.
Manx Financial Group (LON: MFX) is paying a final dividend of 0.38p a share and the share price is unchanged at 22p.
Rotala (LON: ROL) is paying a final dividend of 1p a share and the share price is 1p lower at 44.5p.
Warpaint London (LON: W7L) is paying a final dividend of 4.5p a share and the share price jumped 30p to 282.5p.
