Microbiome-based health company OptiBiotix Health (LON: OPTI) increased 2025 revenues by one-third to £1.17m and there are £212,000 orders received in 2025 that will be supplied in 2026. A further £800,000 of orders have been received this year. Cash was £1.04m at the end of 2025 and that is before the £787,000 raised from the sale of shares in SkinBioTherapeutics (LON: SBTX). OptiBiotix health is focusing on high growth areas and annual costs are being reduced by more than £500,000. The share price gained 8.7% to 6.25p.
Pulsar Helium Inc (LON: PLSR) says the new gas extraction regulatory framework in Minnesota will help development of the Topaz project. The new helium-specific guidelines provide a clearer pathway to production. The Jetstream 3-7 exploration and appraisal programme and each well encountered gas under high pressure. The share price rose 5.16% to 83.5p.
The scheme document for the bid for Deltic Energy (LON: DELT) has been published. Neo Next+ Energy Upstream, which is part of the largest North Sea oil group, has bid 7.7p in cash per share, valuing Deltic Energy at £7.2m. The company has received a $1m payment from Dana Petroleum relating to a farm-in agreement. The share price recovered 6.06% to 7p.
Shares in Sound Energy (LON: SOU) have made a modest recovery of 4.55% to 2.3p. The company has sent the notice of a meeting for restructuring of the €28.8m 5% senior secured noteholders. The meeting is on 12 June.
FALLERS
Low sodium salt developer MircoSalt (LON: SALT) reported a jump in revenues from $800,000 to $2.1m in 2025 and they could more than double again this year as new contracts come through. However, the 2026 revenues forecast has been downgraded from $7m to $4.6m because of a delay in production at customer 3. Zeus says that this delay pushes revenues out by five months and 2027 guidance remains that revenues could be $15m. Net debt could be $1.9m by the end of 2026 with 2027 set to be cash generative. The share price slipped 9.38% to 43.5p.
Oil and gas company Prospex Oil (LON: PXEN) reported a 2025 loss of £2.81m, but that was after an investment valuation write down of £2.54m. Increased income from the Selva field in Spain reduced the underlying loss from £745,000 to £273,000. The income from Selva is included in finance income rather than being reported as revenues because of the way the investment is held. These figures are prior to the recent rise in the gas price. First quarter income from Selva was £912,000, which is similar to the income from the field for the whole of 2025. Prospex Energy will use the cash it is generating to expand production at Selva and develop other interests in Spain and Poland. The share price appears to have reacted to the non-cash write down and not the prospects and it fell 4.76% to 3p.
Semiconductor ware manufacturer IQE (LON: IQE) has completed its £81m fundraising, including shares issued at 19.8p each. It also reported a decline in sales and a flat loss of £37m. Net debt was £31.5m at the end of 2025. Weaker mobile phone demand hit the wireless demand with increasing sales to the photonics sector. First quarter demand has been strong in all core sectors, and 2026 revenues should be one-fifth ahead. The share price is 2.61% lower at 49.375p, having been below 47p at one point today.
Ex-dividends
Advanced Medical Solutions (LON: AMS) is paying a final dividend of 2.01p/share and the share price slipped 5p to 214p.
Avingtrans (LON: AVG) is paying an interim dividend of 2p/share and the share price is unchanged at 660p.
Brave Bison (LON: BBSN) is paying a final dividend of 0.44p/share and the share price is unchanged at 82.5p.
Fintel (LON: FNTL) is paying a final dividend of 2.5p/share and the share price rose 3.5p to 185.5p.
Goldplat (LON: GDP) is paying a dividend of 0.17p/share and the share price dipped 1.125p to 17.125p.
Greencoat Renewables (LON: GRP) is paying a dividend of 1.7 eurocents/share and the share price slid 2.9 eurocents to 74.8 eurocents.
Ingenta (LON: ING) is paying a final dividend of 2.75p/share and the share price is steady at 97.5p.
Likewise (LON: LIKE) is paying a final dividend of 0.27p/share and the share price is unchanged at 25p.
Lords Group Trading (LON: LORD) is paying a final dividend of 0.2p/share and the share price is steady at 17.25p.
Origin Enterprises (LON: OGN) is paying an interim dividend of 3.15 eurocents/share and the share price is unchanged at 397.5p.
RTC Group (LON: RTC) is paying a dividend of 5.5p/share and the share price declined 6p to 105p.
Ultimate Products (LON: ULTP) is paying an interim dividend of 0.9p/share and the share price gained 0.4p to 51.4p. A third quarter trading statement shows revenues ahead of expectations. This marks an end to quarter on quarter declines. Full year sales are expected to be flat rather than the previous estimate of a 5% decline.
Yu Group (LON: YU.) is paying a final dividend of 45p/share and the share price fell 25p to £17.50.