Quoted Micro 9 May 2022
AQUIS STOCK EXCHANGE In 2021, Newbury Racecourse (NYR) is paying a special dividend of 89.6p a share. The £3m payment comes after the receipt of the final £10.7m from the sale of housing development land. Newbury Racecourse increased turnover by 75% to £14.8m as racing returned to the course. There is still potential for further […]
Quoted Micro 7 March 2022
AQUIS STOCK EXCHANGE Field Systems Designs Holdings (FSD) reported a sharply increased loss in the six months to November 2021. There were unpaid debts of £300,000 due to the financial failure of NMCN. The overall loss increased from £267,000 to £1.52m on revenues that fell from £5.75m to £2.64m. The pandemic hit trading and the […]
Andrew Hore – Quoted Micro 26 July 2021
AQUIS STOCK EXCHANGE Ecotricity has launched a 340p a share cash bid for Good Energy (GOOD). Ecotricity believes the combined group would be better placed to compete in the energy supply business. The Good Energy board rejects the bid. Arbuthnot Banking (ARBB) reported a bounce back in interim pre-tax profit from £200,000 to £3m. the […]
Andrew Hore – Quoted Micro 12 July 2021
AQUIS STOCK EXCHANGE Helium Ventures (LON: HEV) is a shell seeking to acquire a business in the upstream natural gas sector, with a focus on helium. It raised £765,000, after expenses, at 10p a share. This followed placings at 1p a share and 5p a share. The underlying value of Helium Ventures cash is 4.9p […]
Andrew Hore – Quoted Micro 28 June 2021
AQUIS STOCK EXCHANGE Good Energy (GOOD) says it is perming better this year than in the same period last year which included the start of the lockdown. Forward buying has improved margins. The smart meter rollout is accelerating. Dispersion Holdings (DEFI) has invested C$200,000 at 18 cents a share in Defi Yield Technologies Inc. This […]
Andrew Hore – Quoted Micro 7 June 2021
AQUIS STOCK EXCHANGE Chapel Down Group (CDGP) is raising up to £6.88m at 59.5p a share via a placing and crowdfunding offer. The directors and Michael Spencer have invested £1.43m in the placing. The rest of the cash will come via the crowdfunding with Seedrs. The financing will only go ahead if a minimum of […]
Andrew Hore – Quoted Micro 10 May 2021
AQUIS STOCK EXCHANGE Virgata has published its offer document for the 50p a share bid for Walls & Futures REIT (WAFR) and the first acceptance date is 27 May. Walls & Future REIT management are still arguing that the bid is too low because it is at less than 50% of NAV. Virgata points out […]
Andrew Hore – Quoted Micro 3 May 2021
AQUIS STOCK EXCHANGE Decentralised finance (DeFi) focused investment company Dispersion Holdings (DEFI) raised £9m at 3p a share. The share price closed at 4.15p (3.8p/4.5p) and there were just over one million shares traded on the first day. The market capitalisation is £25.4m. Shares were originally issued at below the placing price and the underlying […]
Andrew Hore – Quoted Micro 28 December 2020
AQUIS STOCK EXCHANGE TruSpine Technologies (TSP) has delayed the application for FDA approval of its Cervi-LOK spinal device for up to three months. This is due to a lack of testing time because of Covid-19. Computer modelling has enabled the company to make minor modifications, which widens the market for the device. A £250,000 cash […]
Andrew Hore – Quoted Micro 7 December 2020
AQUIS STOCK EXCHANGE Newbury Racecourse (NYR) has completed the sale of 1.2 acres of land on the northern perimeter of the racecourse for £1.5m. That is equal to book value. NQ Minerals (NQMI) is able to draw down from its recently arranged $55m loan facility between its subsidiary Hellyer Gold Mines with ING. The cash […]