Andrew Hore – Quoted Micro 3 February 2020
NEX EXCHANGE Zapp Electric Vehicles plans to join NEX in February. Zapp has developed an electric bike and it is being produced in Thailand. The first production series model was made in September. The flotation will raise cash for manufacturing and marketing the i300 in the European market where cities are promoting electric vehicles. Zapp […]
Andrew Hore – Quoted Micro 27 January 2020
NEX EXCHANGE Results from IFA group AFH Financial (AFHP) indicate the success of the acquisition policy. In the year to October 2019, underlying pre-tax profit improved from £10.3m to £17m and earnings per share rose by more than two-fifths. The dividend was one-third higher at 8p a share. Assets under management were £6.2bn. AFH plans […]
Andrew Hore – Quoted Micro 20 January 2020
NEX EXCHANGE NQ Minerals (NQMI) generated gross revenues of A$15.5m and gross profit of A$7.4m from Hellyer gold mine in the fourth quarter. Full year revenues were A$53.9m and operating profit was A$12.2m. The profit grew steadily quarter by quarter. NQ has raised £311,000 at 7p a share. In December, £300,000 was raised at 6.5p […]
Open Orphan #ORPH – hVIVO merger offer now wholly unconditional
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF ANY SUCH JURISDICTION 17 January 2020 Recommended All Equity Offer for HVIVO PLC (“HVIVO”) to merge with OPEN ORPHAN PLC (“OPEN […]
Tiziana Life Science (Nasdaq: TLSA / AIM: TILS) – Proposed Cancellation from AIM
New York/London, 13 January 2020 – Tiziana Life Sciences plc (Nasdaq: TLSA / AIM: TILS), a biotechnology company focusing on the discovery and development of innovative therapeutics for inflammation and oncology indications, announces that it has appointed advisers in relation to an intended redomicile of the Company to Bermuda which is anticipated to occur by Q2-2020, as a consequence of the redomicile the Company will not be seeking to re-admit its […]
Andrew Hore – Quoted Micro 13 January 2020
NEX EXCHANGE NQ Minerals (NQMI) says that in 2019 the Hellyer mine in Tasmania produced 24,980 tonnes of lead concentrate, 15,646 tonnes of zinc concentrate and 77,853 tonnes of pyrite concentrate. Metal recovery has improved with average lead recoveries of more than 50%. The focus will be on generating lead revenues. Additional high-grade underground resources […]
Ken Baksh – Quarterly Investment Report Q1 2020
Investment Strategy /Asset Allocation-First Quarter 2020 Any reference to benchmark should be tailored to individual client preference. These could, for instance, be 1) Absolute return based. 2) Cash/ LIBOR/SONIA, or equivalent, based (0.70%). 3) Inflation based. (UK CPI 1.5% November). 4) Index based (FTSE 100, FTSE All-Share, MSCI, S&P etc.). 5) Peer group based (Private […]
Irish Independent – Open Orphan signs ‘significant’ revenue generating contract
by Ellie Donnelly Open Orphan, a Europe-focused pharma services company specialising in rare disease and so-called orphan drugs, has signed a contract with a German-based research-driven pharmaceutical company. Open Orphan said the contract guarantees “significant” annual income, with work under the deal to commence this month. This contract will see Venn Life Sciences, part of […]
Andrew Hore – Quoted Micro 6 January 2020
NEX EXCHANGE Cannabis-related investment company Greencare Capital (GRE) joined the NEX Growth Market last Monday. Greencare raised £514,000 at 25p a share. The rest of the shares were issued at 1p each, raising £100,000. The pro forma NAV is just over 4p a share. The largest shareholder is E Value One with 66.3%, which is […]
Andrew Hore – Quoted Micro 30 December 2019
NEX EXCHANGE Rutherford Health (RUTH) has called for a further subscription by Woodford as laid out in the flotation prospectus. A further £15m has been raised at 176p a share. These shares go into the LF Equity Income Fund and its stake rises to 25.1%. Further cash will be required to open a fourth clinic […]