Jersey Oil & Gas (LON: JOG) shares recovered following yesterday’s slump following delays in the development of the 20%-owned Buchan project. A government consultation is expected to conclude next spring. The Buchan project was expected to produce oil in late 2027, but it will be later than that. Jersey Oil & Gas had £13m at […]

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Next Tuesday morning, 3rd September, GetBusy (LON:GETB), the productivity software group, will announce its Interim Results for the six months to the end of June.  Although they will continue to indicate the possibility of an adjusted pre-tax loss for the year, I am not put off from following this company.  That is because it is […]

The post GetBusy – Growth In Its ARR Will Push The Bottom Line, Interims Due Next Tuesday, Brokers Look For Shares To More Than Double  appeared first on UK Investor Magazine.

On the back of a positive AGM statement, software company GetBusy (LON: GETB) chief executive Daniel Rabie acquired 235,000 shares at 65p each. That takes his stake to 3.57%, so he is certainly invested in the success of the company. Daniel Rabie was an executive at Reckon prior to its demerger of AIM-quoted GetBusy. Business […]

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Strategic Minerals (LON: SML) says that the Cobre magnetite operation has regained a major client that has ordered 30,000 tons. There could be a second contract of a similar size. This follows a halving of sales volumes in 2023. The share price jumped 50% to 0.15p. Reabold Resources (LON: RBD) says that Shell has made […]

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Regenerative medical devices developer Tissue Regenix (LON: TRX) increased interim revenues by 19% to $14.1m and there was a small EBITDA profit, following up on the positive contribution in the second half of last year. There is still a pre-tax loss of $922,000, down from $1.65m and a $700,000 cash outflow from operating activities. There […]

The post AIM movers: Molecular Energies selling Argentinian oil interests and GetBusy reinvests cash appeared first on UK Investor Magazine.

Problems at Silicon Valley Bank do not just affect US companies. There are smaller companies on AIM and the Main Market that have facilities provided by the ailing bank. Silicon Valley Bank sold up to $21bn in bonds, taking a loss of nearly $2bn, because of its need for cash. Trading in the bank’s shares […]

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