The Lang family has reduced its stake in security technology provider Thruvision (LON: THRU) from 9% to below 3%. This is after Thruvision announced that a partner in Asia had won a contract with airports in south east Asia worth more than £3m. This is the largest ever Asian order. Delivery should be in the six months to March 2027. The share price continues its move higher with a 36.4% gain to 1.125p.
Retailer Shoe Zone (LON: SHOE) says cash generation has been better than expected and £3.5m will be returned to shareholders via buybacks. Cash was £7m on 25 July 2026 after strong July trading. Pre-tax profit forecast is unchanged at £500,000, but net cash at the end of September 2026 has been reduced from £13.1m to £11.4m, reflecting the full buyback. The share price rebounded 18.9% to 72.5p.
Organ transplant diagnostics developer Verici Dx (LON: VRCI) has achieved status as an Olink Certified Service Provider, which is part of the deal with Thermo Fisher. This allows Verici Dx to offer Olink services at its laboratory. The share price increased 11.1% to 0.25p.
A full year trading statement by Seeing Machines (LON: SEE) shows the driver monitoring technology developer positive underlying EBITDA in the second half. There will still be a full year loss. Full year revenues are 45% ahead at $76.3m with sales accelerating in the second half. Production volumes of automotive equipment to 4.49 million units. Cash was $4.3m at the end of June 2026. The share price gained 11% to 5.27p.
Oil and gas company Afentra (LON: AET) says that the latest drilling of the Pacassa SW well supports the expectation that it could be capable of around 5,000 barrels of oil per day of gross production, which would increase the company’s production by more than 25%. When this well is completed a second well will be drilled. The Impala well has returned to production at 3,000 barrels of oil per day. Cavendish values Picassa SW at 11p/share and core NAV of 100.5p/share. The share price improved 10.5% to 70.15p.
FALLERS
Gold miner Thor Explorations (LON: THX) says second quarter revenues were $78m. EBITDA was slightly lower than forecast at $49m was hit by higher operating costs. Net cash is $219m. Drilling continues to extend the resource at the Segilola gold mine. Full year production guidance is maintained at 75,000-85,000 ounces of gold. A final investment decision for the proposed Douta mine is expected in the third quarter. The share price declined 5.75% to 59p.
Oriole Resources (LON: ORR) has news concerning the 90% owned Central Licence Package in Cameroon, which is near the 50% owned Mbe licence. Soil sampling results are expected later this year. Licences in the west of the area have been revoked. The share price fell 4.48% to 0.32p.
Rent guarantee services provider Rentguarantor (LON: RGG) reported interims in line with recently upgraded expectations. Revenues were 250% to £3.39m. Net cash was £2.4m at the end of June 2026. Full year pre-tax profit of £1.2m and that could nearly quadruple to £4.6m next year. There has been some profit taking and the share price dipped 2.83% to 51.5p.