Aquis weekly movers: NFT Investments overhang sold

Res Privata NV has sold its 3.83% stake in NFT Investments (LON: NFT). Following large sales on Tuesday, there was buying on Friday. The share price jumped 51.2% on the week to 1.625p.

Altona Rare Earths (LON: ANR) has ended trading on Aquis with the share price up 37.4% to 7.23%. Trading starts on the standard list on 20 March.

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Ananda Developments (LON: ANA) has raised additional subscription funds at 0.3p a share, taking the total to £427,000. The share price improved 25.9% to 0.365p.

Capital for Colleagues (LON: CFCP) is investing £1m in A ordinary shares in automotive engineering and manufacturing start-up Morris Commercial, as part of an £8m investment round. The investment is in three tranches with an initial outlay of £500,000. The full investment will be made by the end of 2023. The initial product is the Morris JE electric van, which is based on the design of the Morris J-Type van. The share price increased 5.88% to 45p.

Shares in Invinity Energy Systems (LON: IES) rose 1.61% to 31.5p, following the closing of the open offer at 32p a share, which was 38.5% taken up by shareholders.

CBD products supplier Yooma Wellness Inc (LON: YOOM) shares continue to dive and they are down two-thirds to 0.25p. Following the exit from many businesses, the remaining businesses are in Europe. Yooma Wellness may have to sell other businesses if additional funds are not secured. In August 2021, at the time of joining Aquis, £7.46m was raised at 52.3p a share.

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Snacks manufacturer S-Ventures (LON: SVEN) says the audit for its figures for the year to September 2022 will last until the end of April, so trading in the shares will be suspended on 3 April. The share price slumped by 18.3% to 10.25p.

IamFire (LON: FIRE) has subscribed a further £200,000 for convertible loan notes in WeShop, taking the total invested to £2.7m. The total amount invested in WeShop is £6.7m and there is the right to subscribe for a further £1.05m of loan notes. The conversion price is 200p. John Lewis and Sports Direct have recently become affiliated to WeShop. IamFire shares declined by 16.3% to 2.05p.

Quantum technology investment company Quantum Exponential Group (LON: QBIT) welcomes the Chancellor of the Exchequer’s plan for quantum technology. There will be investment of £2.5bn over ten years. This should help to increase investor interest in quantum. Even so, the share price fell 7.84% to 2.35p.

Cannabis company Apollon Formularies (LON: APOL) has sent out a circular ahead of the general meeting on 11 April. That provides an opportunity for shareholders to approve disposals and a new investing strategy. The share price is 7.69% lower at 0.3p.  

Wishbone Gold (LON: WSBN) has turned geophysics data at the Red Setter project in Australia into a new 3D model. Two targets have been identified. The share price fell 7.58% to 3.05p.

Silverwood Brands (LON: SLWD) is still experiencing opposition to the transfer of shares in skincare products supplier Lush. Silverwood Brands holds the rights to the shares even if ownership is not registered. The share price declined by 5.56% to 85p.

Chapel Down Group (LON: CDGP) believes that changes to UK duties are positive, because of the support for English sparkling wine producers. Even so, the share price has slipped by 4.41% to 32.5p. Chapel Down, along with Shepherd Neame (LON: SHEP), shares down 3.97% at 605p, have signed a partnership deal with The Boat Race, which happens on 26 March.  

Coinsilium Group (LON: COIN) is acquiring the advisory business and certain intellectual property assets of Tokenomi for £116,500 in cash and shares. There are four retained Web3 blockchain project clients with a further ten prospective clients. Revenues could be £551,000 over the next 12 months. The share price is 2.78% lower at 1.75p.

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