A sharp increase in the trading of KR1 (LON: KR1) shares on Friday gave the share price a boost. There were more than 485,000 shares traded, which was similar to the number traded in the rest of the week. The share price of the digital assets investor jumped 23.3% to 63.5p, which is the highest it has been for more than one year.
The Arbuthnot Banking Group (LON: ARBB) shares rose 0.5% to 945p ahead of interim results on Tuesday 18 July.
==========
Fallers
VVV Resources (LON: VVV) reported 2022 figures after the market closed on the previous Friday. This enabled the suspension of share trading to be lifted and the price fell 14.3% to 15p. VVV Resources continues to seek mineral projects to invest in but has yet to find a suitable one. There was £208,000 in the bank at the end of 2022 following a £170,000 cash outflow during the year.
Ananda Developments (LON: ANA) released its figures for the year to January 2023 showing an increased loss of £1.29m. The medicinal cannabis company had cash of £19,000 at the end of January 2023. Since then, £427,000 was raised at 0.3p/share and £2.92m of loan notes were converted into shares. Cannabis medicines developer MRX Global was acquired after the year end. Costs will reduce when commercial cultivation and manufacturing commence. There was a mixture of buys and sells during the week, but by far the largest deal was a sell worth £5,200 at 0.52p/share. The share price fell 7.76% to 0.535p.
Personalised treatments developer EDX Medical Group (LON: EDX) has appointed Erik Jensen as commercial director, UK and Northern Europe. He has worked with diagnostics firms. The share price slipped 7.41% to 3.125p. There was a sale at the beginning of the week at 2.9p/share.
SuperSeed Capital (LON: WWW) has agreed an admission facility with the Aquis Stock Exchange. VSA Capital (LON: VSA) has 100,000 warrants exercisable at 112p and any of these warrants exercised will be announced at the end of each month rather than on the day of issue. The share price slipped 5.71% to 82.5p.
In the six months to April 2023, Hydro Hotel, Eastbourne (LON: HYDP) reported flat turnover of £1.8m. Gross margins fell, and overheads increased which meant that the hotel operator swung from a £22,000 profit to a loss of £171,000. The share price is 5% lower at 950p.
