Aquis weekly movers: Essentially Group hit by discounted selling

Shares in Semper Fortis Esport (LON: SEMP) rose as shareholders agreed to the acquisition of Good Life + and the subsequent reverse takeover that occurs on 18 December. The share price rose 14.3% to 0.2p.

Fully listed Mears (LON: MER) has appointed Lucas Critchley as its new chief executive. The share price is 4.35% higher at 300p.

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EPE Special Opportunities (LON: EO.P) had net assets of 300.48p/share at the end of November 2023. The share price edged up 3.23% to 160p.

Michael Heald has increased his stake in brewer Adnams (LON: ADB) from 21.4% to 23.5%. The share price increased 1.61% to 3150p.


Shell company Essentially Group (LON: ESSN) was hit by a spate of selling at prices well below the market price. There was some buying but not enough to offset the negative effects of those discounted sale prices. The share price slumped 35.3% to 45p.

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Wishbone Gold (LON: WSBN) says visual inspection of core from recent drilling at the Cottesloe project in Western Australia show zones containing base metals while x-ray fluorescence scanning shows elevated base metals readings. Assay results will make things clearer. The share price is 17.6% lower at 1.4p.

Oscillate (LON: MUSH) non-exec John Treacy has bought an initial 880,000 shares at 0.54p each. The share price dipped 14.3% to 0.45p.

In November, Guanajuato Silver (LON: GSVR) increased month-on-month silver production by 23% to 295,284 ounces equivalent. The production improvement is set to continue into next year. The share price fell a further 9.09% to 15p, ahead of the departure from Aquis.

Marula Mining (LON: MARU) is involved with local partners in applications for graphite mining licences at the Nyorinyori graphite project and the NyoriGreen graphite project in Tanzania. New processing equipment has been installed at the Blesberg lithium and tantalum mine. The share price declined 0.95% to 13p.

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