AIM movers: MicroSalt upgrades revenue guidance and Steppe Cement dividend

WH Ireland (LON: WHI) is still considering an indicative, non-binding offer of 0.195 of a Team (LON: TEAM) share for each WH Ireland share. The WH Ireland share price has risen a further 19.1% to 3p, while the Team share price is unchanged at 28p.

MicroSalt (LON: SALT) has generated revenues of $1.66m in the ten months to October 2025 and it is set to beat full yea expectations of $2m. Prospects for customer 3 are positive with sales expected to exceed $5m in 2026 and $11m in 2027. There is also a joint development agreement for further products. MicroSalt recently signed a new agreement with Daiya Foods. This means that projected revenues for 2026 have been raised to $7m and increased to $15m in 2027. The share price gained 4.31% to 60.5p.

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Gold recovery company Goldplat (LON: GDP) improved first quarter pre-tax profit from £1.4m to £2.4m and is paying a dividend of 0.1171p/share. Gross cash was £2.2m at the end of September 2025. The record gold price has helped and there were foreign exchange gains in Ghana. There have also been operational efficiencies. The new Brazilian plant is progressing. The share price increased 3.78% to 9.6p.

Rent guarantee services provider RentGuarantor Holdings (LON: RGG) has become a preferred supplier to franchised branches of estate agency Winkworth. The share price improved 1.69% to 15p.

FALLERS

Lung imaging technology developer Polarean Imaging (LON: POLX) is asking for shareholder approval to leave AIM. Management says that liquidity has been poor and Polarean Imaging needs to save money. It may be easier to raise money as and unquoted company. The share price slumped 24.1% to 0.11p.

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Caledonian Holdings (LON: CHP) has agreed a £3.5m funding package with Yorkville. It includes a £500,000 subscription at 0.0035p/share and a £3m convertible loan note, which lasts 12 months and has an interest charge of 5%. The conversion price is 0.0042p/share and fees are £205,000. Also, a £12m At-The-Market equity issuance facility has been launched through broker AlbR Capital, and drawdowns are at the company’s discretion. This will enable further investment new bank AlbaCo. The share price fell 7.14% to 0.00325p.

Steppe Cement Ltd (LON: STCM) has announced a 1.5p/share capital repayment. A general meeting will be held on 5 December to approve the capital reduction. The shae price dipped 5.56% to 17p

Oriole Resources (LON: ORR) has raised £1.8m at 0.24p/share and RAB Capital has taken a 2.1% stake. Up to £200,000 more could be raised by a retail offer. The cash will fund development of assets in Cameroon, particularly a drilling programme at the MB01-S gold deposit and exploration work in the Eastern Central licence package. There will also be technical studies at the Bibemi exploration licence. The share price slid 4.08% to 0.235p.

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