Aquis weekly movers: Chris Akers increases Asimilar stake

Chris Akers continues to build up his stake in Asimilar Group (LON: ASLR) and it has reached 8.01%. The share price improved 28.6% to 3.375p, the high for the year but well below the 8p it was in November.

Marula Mining (LON: MARU) says that initial deliveries of 1,000 tonnes of high-grade lithium ore from the Blesberg mine will commence shortly and take four weeks. Processing of existing stockpiles is ongoing, while site infrastructure is upgraded. The share price is up by 11.2% to 6.45p.  

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Invinity Energy Systems (LON: IES) says existing contracts underpin growth in in 2023. There are £22m of vanadium flow battery systems due for delivery in 2023 and a further £7.4m order book for 2024. There was £5.1m of cash in the bank at the end of 2022. Pilot projects with Siemens Gamesa should begin in the summer and a next generation product should be available in the first half of 2024. The share price is 10.3% ahead at 43p.

The Tap Global (LON: TAP) share price continues to rise following its reversal into Quetzal Capital earlier in the month. It is 7.14% higher at 5.25p.

Aquis Stock Exchange owner Aquis Exchange (LON: AQX) says 2022 trading was in line with expectations. The 2022 results will be published on 30 March. The share price moved ahead by 5.41% to 390p.


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There were significant levels of trading in the shares of ProBiotix Health (LON: PBX) and they were predominantly sells early in the week. The share price stabilised near to the end of the week, but was still down by two-fifths to 10.5p. The March 2022 placing price was 21p.

AQRU (LON: AQRU) has launched its lending pool via subsidiary Accru Finance. This allows investors to generate yield from tax credit receivables originating from the IRS in the US. Annual returns of up to 10% are indicated. The share price dipped by 9.8% to 0.46p.

Good Energy (LON: GOOD) was one of three energy suppliers criticised for not providing enough help to their prepayment customers to claim the £400 of support vouchers from the government. The share price slipped 8.7% to 157.5p.

Electric vehicle drivetrain technology developer Equipmake Holdings (LON: EQIP) has raised £6.235m at 5p a share. That was slightly more than initially indicated. A lease is being secured on additional premises. The contracted order book is worth £8.6m. Interim revenues were £1.05m and the full results will be announced on 15 February. The share price fell 6% to 5.875p.

Cadence Minerals (LON: KDNC) has completed the sale of its joint venture interest in Yangibana rare earths project for A$9m of shares in ASX-listed Hastings, which is equivalent to 1.9%. Evergreen Lithium is expected to list on the ASX on 10 March – Cadence Minerals owns 15.8 million shares, which are expected to be valued at A$3.96m. The share price dived by 5.28% to 15.25p.

A full year update from Chapel Down Group (LON: CDGP) shows string growth in sparkling wine sales. Group revenues were 10% ahead at £15.6m with momentum increasing in the second half. Margins should have improved. The share price was 1.32% lower at 37.5p.  

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