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BATM Advanced Communications: trading on 100 times historic earnings but quickly advancing to just 15 times

This morning BATM (LON:BVC), the global provider of advanced telecommunication network infrastructure, cybersecurity and medical diagnostic technologies, has announced its Interim Results for the six months to end-June.
In early May this year the group announced the launch of its new brand identity, marking a significant milestone in BATM's journey, as it aligns more closely with its strategic vision to focus on its core strengths in networks, cybersecurity and diagnostics while divesting of its non-core assets.
Less than a month ago, on Thursday 24th July, the £65m-capitalis...

Pantheon Resources shares jump as drill results exceed expectations

Shares

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18/08/2025

Pantheon Resources shares jump as drill results exceed expectations

Pantheon Resources shares rose on Monday after the Alaska-focused oil and gas explorer released highly encouraging drill results from its North Alaskan Ahpun field.

The company said it has struck success with its Dubhe-1 appraisal well, discovering a hydrocarbon column significantly thicker than anticipated.

Pantheon Resources shares jumped over 15% as the firm revealed the primary target reservoir delivered 565 feet of hydrocarbon-bearing rock, 26% above pre-drill estimates of 450 feet.

The well, drilled to 12,833 feet, also uncovered additional oil and gas zones in previously unexplored horizons. These include the SMD-C formation and two Slope Fan systems, none of which were factored into Pantheon’s existing resource estimates of 282 million barrels and 804 billion cubic feet.

Beyond the primary discovery, the company identified hydrocarbon zones spanning 2,143 feet of total drilling depth across multiple formations. A 90-foot core sample achieved 100% recovery, providing crucial data for reservoir analysis.

Pantheon is now preparing to drill a horizontal sidetrack within the 565-foot thick primary reservoir to test production rates. The lateral drilling is set to begin within days, followed by hydraulic fracturing operations expected to be finalised over the next two months.

The company will present detailed findings at a September 9 webinar, including preliminary assessments of the newly discovered resources that could significantly expand development opportunities at the Ahpun field.

“We are delighted to announce the Dubhe-1 pilot hole results as a success. The well confirms the presence and quality of the oil and gas reservoirs in the Ahpun field, exceeding our pre-drill expectations,” said Erich Krumanocker, Chief Development Officer.

“We are now transitioning toward field development planning in support of capital efficient commercial production. The upside presented by the SMD-C and Slope Fan zones highlights the enormous potential in our portfolio.”

HICL Infrastructure seals £225m portfolio sale to Dutch pension giant APG

Funds & Trusts

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18/08/2025

HICL Infrastructure seals £225m portfolio sale to Dutch pension giant APG

HICL Infrastructure PLC has struck a deal worth approximately £225 million, selling a portfolio of seven UK PPP assets to APG, the Netherlands’ largest pension services provider.

Over the past 24 months, the London-listed infrastructure investment company has completed around £725 million in asset sales at consistently strong valuations as part of a wider asset disposal strategy.

The disposed portfolio includes partial stakes in two major healthcare facilities – 50% of HICL’s investments in Southmead Hospital and Pinderfields and Pontefract Hospitals. Additionally, the company is selling its entire equity interest in four UK LIFT projects and Edinburgh Schools.

Following the sale, HICL’s exposure to healthcare assets will decrease from 22% to 16% of gross portfolio value.

The £225 million proceeds will be allocated to facilitating a share buyback and making fresh investments.

HICL plans to fully fund its previously announced £150 million share buyback programme, including complete repayment of its revolving credit facility.

The remaining funds will meet existing investment commitments of approximately £110 million.

“We are pleased to announce another material disposal for the Company, which again highlights both the quality of HICL’s underlying portfolio and a consistent ability to execute divestments at attractive valuations,” said Mike Bane, HICL Chair.

“In the last two years, the Company has raised over £725m through disposals, enabling the Board to deliver on its capital allocation priorities for the benefit of shareholders.”

HICL Infrastructure shares were 1.2% higher at the time of writing on Monday.

Director deals: AFC Energy boss buys more after fundraising

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17/08/2025

Director deals: AFC Energy boss buys more after fundraising

Two directors of fuel cells technology developer AFC Energy (LON: AFC) have been buying shares following July’s fundraising boosted the company’s balance sheet.
Chief executive John Wilson bought 228,733 shares at 8.6p each and 250,000 shares at 9.1p each. He owns 0.58% of the company. Executive chairman Gary Bullard 100,000 share at 9.08p each and his total shareholding is 0.5%.
In the recent placing, John Wilson acquired 2.95 million shares, finance director Karl Bostock one million shares, Gary Bullard one million shares and Monika Biddulph 50,000 shares all at 10p each. On top of that John...

AIM weekly movers: EnergyPathways disappointment

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17/08/2025

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AIM weekly movers: EnergyPathways disappointment

Shares in Fiinu (LON: BANK) have risen a further 45% to 14.5p following the previous week’s news about the reverse takeover of Poland-based foreign exchange brokerage Everfex. The initial payment of £8m will be satisfied by the issue of 80 million shares at 10p each. Everfex made a pre-tax profit of more than £600,000 for the four months to April 2025. The readmission should be on 27 August.

Canada-based antimicrobial treatments developer Ondine Biomedical Inc (LON: OBI) says the American British Cowdray Medical Center in Mexico City will pilot Steriwave nasal photodisinfection from September. This will help to reduce surgical infections. The share price recovered to 27.5% to 16.25p.

Rent guarantee services provider RentGuarantor Group (LON: RGG) moved from Aquis to AIM on Friday. The switch has been made ahead of law changes that will provide additional growth potential for the business. The share price rose from the close on Thursday of 27.5p to 35p.

Active Energy Group (LON: AEG) has executed heads of terms to develop a 150MW battery energy storage system in the Vale of Glamorgan in partnership with Fonmon Castle, which will provide ten acres on a 30-year lease. Active Energy Group will invest £40,000 and will get that back once planning consent is received. It will also receive 5% of the first year’s rent of £300,000. James Voce has been appointed corporate development director. The share price is 26.6% ahead at 0.15p.

Premier Miton has raised its stake in Firering Strategic Minerals (LON: FRG) from 5% to 11.9%. The share price improved by one-quarter to 1.875p.

FALLERS

The UK authorities have decided not to provide a gas storage licence to EnergyPathways (LON: EPP) for the natural gas and hydrogen storage elements of its MESH project. A S35 planning application for the major elements of the MESH project will be submitted as a step in the process to obtain consents from the UK government. If it is granted, then the parts of the project in the submission will be assessed under the 2008 Planning Act. The share price dived 64.2% to 2.2p.

Mobile Tornado (LON: MBT) is asking for shareholder approval to leave AIM. There is limited liquidity and one major shareholder in the mobile communications technology company, so the quotation is not worth the cost. The board intends to seek a buyer in the next two years and believe it would be easier as a private company. The plan is to leave on 9 September. The share price slumped 57.1% to 0.6p.

At the AGM, former Goldstone Resources (LON: GRL) chairman Bill Trew revealed confidential information about an offer for the company that was rejected by the board. Angela List was not re-elected as a director having received 19.2% of votes in favour of her role. Campbell Smyth was re-elected with 62.7% of the votes. A resolution to allow the issue of more shares received 62.96% of the votes, but it required 75% to go through. Discussions continue with potential providers of funds, and it will have to call a general meeting to allow it to issue more shares. The share price declined 45.8% to 0.325p.

Versarien (LON: VRS) intends to accelerate the sales process of the remaining parts of the group, while it tries to secure additional finance for the group. If the disposals happen the proceeds are unlikely to cover liabilities and Versarien would be placed in administration. The share price slipped a further 36.8% to 0.012p.

Aquis weekly movers: Amazing AI sets up Mauritius subsidiary

AQUIS
Shares

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17/08/2025

Aquis weekly movers: Amazing AI sets up Mauritius subsidiary

Digital assets investor KR1 (LON: KR1) is the best performer of the week. There was strong trading, The share price jumped 36.2% to 47p. NAV was 40.69p/share at the end of June.

Amazing AI (LON: AAI) says new subsidiary AAI Mauritius will be used to purchase Bitcoin when it completes the legalities of acquiring cryptocurrencies. This should happen by the end of August. The subsidiary will also provide AI finance-related services to Sub-Saharan Africa and south east Asia. It will also take on business in the UK and that subsidiary will be wound up. The share price increased 7.69% to 1.05p.

Vault Ventures (LON: VULT) has paid the remaining consideration of £1m for System7 via the issue of shares. The share price rose 3.33% to 0.0155p.

Former Odey Asset Management boss Peter Martin has joined Oberon Investments (LON: OBE) and he will be involved in launching a new global equities fund. The share price improved 1.32% to 3.85p.

FALLERS

Vaultz Capital (LON: V3TC) has purchased more Bitcoin and holds 135 Bitcoin at an average purchase price of £85,622.47 each. Aleks Nowak has been appointed as the non-board chief operating officer. Aura Digital has taken a 15.5% stake. The share price slipped 12.2% to 8.125p.

Wishbone Gold (LON: WSBN) says drilling at the Red Setter gold dome project in Western Australia has intersected mineralisation in the first hole. It appears that the hole is peripheral to the main target, and another hole will be drilled to the south west. The share price declined 11.2% to 0.355p.

The Smarter Web Company (LON: SWC) has raised a further £7.6m from a placing at 221p/share. There are still another 4.49 million shares available to be placed and once that happens another subscription agreement will be signed. The share price fell 10.7% to 187.5p.

Valereum (LON: VLRM) raised £65,000 vi an offer at 3.1p each and this meant that the fundraising totalled £465,000. This will help fund a £600,000 investment in Metrikus Software, which is developing real-time building and smart infrastructure software. The two companies will work on tokenisation opportunities. This could involve fractional ownership or yield-sharing. The share price deceased 8.06% to 2.85p.

TruSpine Technologies (LON: TSP) has issued a warrant over two million shares exercisable at 20p each to Proffitt Brothers Investments. The share price slid 5.26% to 0.9p.

Ormonde Mining (LON: ORM) investee company Peak Nickel, where it holds 18.9%, has entered into an agreement for Winshear Gold to earn 100% of the Portsoy project in Scotland. This requires 1,000 metres of drilling and other exploration work and the spending of £3m within five years. Winshear Gold also has to issue 6.5 million shares to Peak Nickel over five years. Peak Nickel will retain a 1% net smelter returns royalty. If the project is sold by Winshear Gold, Peak Nickel will receive 10% of the proceeds up to a maximum of £10m. The share price dipped 5.26% to 0.09p.

Emissions reduction additives developer SulNOx Group (LON: SNOX) has been granted a patent for fuel oil reclamation in Eurasia. This can be used for oily wastewater from ships. The share price fell 2.17% to 45p.

AIM movers: Active Energy battery deal and Fletcher King trading below cash value

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15/08/2025

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AIM movers: Active Energy battery deal and Fletcher King trading below cash value

Active Energy Group (LON: AEG) has executed heads of terms to develop a 150MW battery energy storage system in the Vale of Glamorgan in partnership with Fonmon Castle, which will provide ten acres on a 30-year lease. Active Energy Group will invest £40,000 and will get that back once planning consent is received. It will also receive 5% of the first year’s rent of £300,000. The share price rebounded 14.3% to 0.16p.

Asiamet Resources Ltd (LON: ARS) has commenced limestone resource drilling at he Rinjen prospect, north of Asiamet’s BKM copper heap leach project in Indonesia. Sourcing this limestone would help to keep the operating costs at BKM. The share price increased 5.13% to 1.025p.

Property adviser Fletcher King (LON: FLK) published results for the year to April 2026. Revenues edged up from £3.83m to £3.84m, but pre-tax profit fell from £504,000 to £373,000. There is little sign of improvement. The final dividend is maintained at 2.25p/share. Net cash is £4.21m and NAV is £4.46m, which is more than the market capitalisation. The share price improved 4.17% to 37.5p.

Union Jack Oil (LON: UJO) has spudded the Sark well in Oklahoma, which is the first of a programme of three wells. Union Jack has a 60% interest. There is a good chance of success and could be brought onstream relatively quickly. Zeus puts a risked value of 1p/share on the Sark well. The share price rose 4% to 26p.

FALLERS

Light Science Technologies (LON: LST) has won three contract electronic manufacturing contracts worth a total of £500,000. This includes £300,000 from a new electronic signage customer and there is potential for follow on revenues. The share price slipped 12.5% to 2.8p.

Wellnex Life (LON: WNX) joint chief executive George Karafotias has resigned. He will be repaid his A$705,000 loan to the company. Zack Bozinovski will become sole chief executive of the Australian consumer healthcare business. The share price fell 3.23% to 15p. The March placing price was 31.75p.

Andrada Mining (LON: ATM) has issued 31.98 million shares at 2.9293p each to convertible loan holders instead of a cash payment of £937,000. There are £7.7m of loan notes with a 12% interest rate and they mature on 20 July 2026. The share price dipped 2.91% to 3p.

FTSE 100 surges to record high

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15/08/2025

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The FTSE 100 surged on Friday to touch a fresh record intraday high and was on course for an all-time record closing high as investors shrugged off US PPI data released yesterday.

London’s leading index soared above 9,200 in early trading as investors ignored a flat session in the US overnight, where investors picked through a measure of inflation that threw cold water on the notion that a September interest rate cut was nailed on.

Enthusiasm for US equities was curtailed yesterday by a jump in US Producer Price Index (PPI) figures, a measure of inflation focused on the price of goods and services sold on a wholesale level, which can be an indicator of future consumer inflation.

However, the absence of any major market fallout in the US despite rising risks of stagflation boosted market sentiment in Europe on Friday.

“A bigger than expected jump in the cost of goods and services hints that the impact of all those tariffs is only just beginning to be felt in the US economy, and with the labour market showing signs of distress the whisper of ‘stagflation’ is becoming more audible,” says AJ Bell head of financial analysis Danni Hewson.

According to UK and European stocks, the risk of slowing growth and hints of rising inflation are nothing to worry about.

The FTSE 100 was 0.2% higher at the time of writing, while the German DAX rose 0.4%.

“The sun is shining on UK and European markets this morning, which are on track for a bright end to a positive week for major indices. Absent any major local earnings releases or economic news, UK and European markets are mirroring positive sentiment seen across the pond, as investors have largely shrugged off yesterday’s hotter-than-expected US producer inflation print (PPI),” explained Matt Britzman, senior equity analyst, Hargreaves Lansdown.

The risk-on feel to markets was underscored by a rally in the FTSE 100’s cyclical sectors. It was no surprise to see miners Antofagasta, Glencore and Anglo American in the top risers and leading the index to fresh highs.

Poor Chinese economic data released overnight increased the chances of additional stimulus, and the miners reacted accordingly.

UK housebuilders were having a good session as the sector built a base after mixed reactions to earnings from Persimmon and Bellway recently. There may also be a hint of interest rate hopes in the rise.

USD/JPY consolidates after 150 pip rally

Commodities/FX

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15/08/2025