Coinsilium (LON: COIN) was the biggest riser on the week with a 55.3% improvement to 2.95p. This is the highest the share price has been since August 2022. The increased trading levels at the end of December continued into early January. The vast majority of the trades were buys with limited selling.
Professor Trevor Jones bought 150,000 shares in EDX Medical Group (LON: EDX) at 6.25p each and 139,074 shares at 7.35p each. These are his first share purchases, and he owns 0.096% of EDX Medical. The share price rose 26.1% to 7.25p. This is the highest level since just after the flotation in June 2021
NFT Investments (LON: NFT) reported a 54% increase in NAV to £43.8m at the end of September. Crypto assets rose by 67% and there are plans to liquidate these holdings after April. There will then be a tender offer to shareholders. NAV is 4.67p/share. Even so, the share price edged up 1.89% to 2.7p, due to concerns about the liquidity and volatility of the crypto holdings.
FALLERS
Founder Paul Ryan reduced his stake in Pharma C Investments (LON: PCIL) from 8.52% to 3.9%, while James Formolli took a 8.05% shareholding. The share price slumped 65.6% to 0.055p. The May 2021 placing price was 0.7p.
