Aquis weekly movers: Six companies with rising share prices

There are six Aquis Stock Exchange companies with higher share prices at the end of last week. There were four trades in Fenikso Ltd (LON: FNK) shares during the week and the last was at 0.7p, the closing share price, up 27.3% on the week.

Good Energy (LON: GOOD) confirmed that its 2022 results will be published on 28 March. The share price rose 19.7% to 197.5p, the highest level since the end of 2022.

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RentGuarantor Holdings (LON: RGG) was admitted to the Apex segment of the Aquis Stock Exchange at the beginning of March and this appeared to spark some trading in the middle of last week. The share price improved by 7.5% to 215p.

Tectonic Gold (LON: TTAU) shares recovered from their recent low and were up 4.17% to 0.625p.

Interest in music artists and events company All Things Considered (LON: ATC) was prompted by the agent of the year award at the International Live Music Conference Gala Dinner. The share price was 3.23% higher at 80p.

The share price of NFT Investments (LON: NFT) edged up 2.38% to 1.075p on trading interest later in the week.

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Fallers

CBD products supplier Yooma Wellness Inc (LON: YOOM) continues to restructure its operations, but it is still trying to find a way of moving the business forward. 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. The share price slumped 53.8% to 0.75p.

Shares in Pioneer Media (LON: PNER) fell by a further 53.8% to 3p before it left the market.

Rogue Baron (LON: SHNJ) says Shinju premium Japanese whisky won a gold medal at the 2023 LA Invitational Wine and Spirits Challenge. The share price was 7.69% higher at 1.2p.

Ananda Developments (LON: ANA) is acquiring MRX Global, which has invented a method to formulate cannabis medicines, for £2.02m in shares at 0.3p each. The share price has slipped by 6.45% to 0.29p. The first formulation is MRX1, which will be used in two phase II randomised controlled trials to investigate the effectiveness of cannabidiol in chemotherapy induced peripheral neuropathy and in patients with endometriosis. These trials have £1.55m of grant funding. Directors of Ananda are shareholders in MRX, so the deal requires shareholder approval. These directors will a 3% royalty on net sales of any commercial products sold by MRX. Ananda has raised £326,000 through a subscription at 0.3p a share and there is a broker option that could lead to the issue of 33.3 million shares at the same price. Charles Morgan has converted convertible loan notes into 747.3 million shares at 0.3p each. Charles Morgan and Melissa Sturgess will own 53.8% of the company.

EPE Special Opportunities (LON: EO.P) had an NAV of 334p a share at the end of January, which was a 27% decline. The share price fell 5.26% to 180p. The decline in the Luceco (LON: LUCE) share price was a major factor behind the NAV decline even though this stake has been reduced in recent years. Rayware was another poor performer. Quoted shell company Epic Acquisition Corp is reviewing acquisitions. An investment in dog snacks company Denzel’s was completed in October. Investments in Atlantic Credit Opportunities Fund and Prelude Structured Alternatives Master Fund.

Marula Mining (LON: MARU) has appointed Peterhouse as broker, replacing OvalX. This is part of the proposed move to AIM. The hare price was 2.21% lower at 7.75p.

Invinity Energy Systems (LON: IES) has sold a 220KWh VS3 flow battery to Dawsongroup, following a sale earlier in the year. STS Group and project partner Ideona have been appointed to deploy Invinity Energy batteries in Hungary, primarily for co-located solar and grid support projects.  The share price edged 1.59% lower at 31p.

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