There has been significant trading in the shares of Trellus (LON: TRLS), which has developed a digital platform to manage complex chronic conditions. This is already the most shares traded in a single day since February. The share price jumped 130.8% to 1.5p. Shares in Fiinu (LON: BANK) have returned from suspension after the publication […]

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Zeus has upgraded its fair value estimate for X-ray screening systems developer Image Scan (LON: IGE) from 2.5p/share to 3.8p/share after a trading statement. The second half has been stronger and there is a better order book, including a three year, £3m contract for ThreatScan portable X-ray systems. Full year revenues will still be slightly […]

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Electric Guitar (LON: ELEG) says subsidiary 3radical has won a campaign with Singapore-based media network Mediacorp. This follows a test period where 3radical’s Voco engagement platform was used to capture customer data on the Mediacorp website. The focus will be behavioural data. The share price rebounded 8.33% to 0.65p. Telematics services provider Microlise (LON: SAAS) […]

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Ondine Biomedical (LON: OBI) says nasal photodisinfection product Steriwave is now available through the NHS Supply Chain. This means that it will be easier for hospitals in England and Wales to buy the treatment. This follows initial use at Pontefract hospital. The share price improved 10% to 8.25p. Full year results from Pennant International (LON: […]

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Diagnostic tests developer genedrive (LON: GDR) shares rose 8.96% to 1.825p following news of £100,000 of initial orders for the MT-RNR1 testing kit. A placing raised £2.1m at 1.5p/share and there is a REX retail offer for up to £3.5m, which closes on 29 May, and a one-for-one open offer that could raise up to […]

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Semiconductors designer Sondrel (LON: SND) is raising £5.63m at 10p/share and plans to cancel the AIM quotation. ROX Equity Partners is subscribing for the shares and its loans will be converted into a further 28.7 million shares, taking its stake to 49.3%. This requires government and shareholder approval. Miles Woodhouse will be ROX Equity Partners’ […]

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Pennant International (LON: PEN) is reducing its dependence on the aerospace and defence sector through the acquisition of UK rail services business Track Access Productions. This should be earnings enhancing and adds to the recurring revenues base. Bedfordshire-based Track Access Productions provides driver training and route mapping services to train operators, freight companies and infrastructure […]

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URU Metals (LON: URU) shares are higher on news about 74.28% owned Zeb Nickel Corp that was released yesterday afternoon. Analysis of drilling shows a higher grade nickel mineralised zone below the historical resource. Deeper drilling should increase the resources grade. There will also be infill drilling on the gold discovery. The share price is […]

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