Quoted Micro 13 December 2021

AQUIS STOCK EXCHANGE Gibraltar-based RentGuarantor (RGG) provides a rent guarantee service to tenants in the private rental sector. It has joined the Access segment having raised £125,000 at 200p a share. Chief executive Paul Foy has agreed to lend the company £200,000. The business is currently loss-making and has to grow much bigger to get […]

Quoted Micro 8 November 2021

AQUIS STOCK EXCHANGE There are three companies on the shortlist of the AQSE company of the year award at the Small Cap Awards 2021. They are medical IT provider DXS International (DXSP), oncology and dermatology treatments developer Incanthera (INC) and Kent-based wine maker Chapel Down Group (CDGP). Brewer Daniel Thwaites (THW) was hampered by lockdowns […]

Quoted Micro 25 October 2021

AQUIS STOCK EXCHANGE Lush co-founder Andrew Gerrie plans to float a new shell called Silverwood Brands on the Aquis Stock Exchange. The strategy is to acquire and develop consumer brands and pay with shares and cash. Hotel Chocolat (HOTC) founder Angus Thirlwell is an adviser. Silverwood Brands was formed in August. There are currently 100 […]

Andrew Hore – Quoted Micro 6 September 2021

AQUIS STOCK EXCHANGE Rutherford Healthcare (RUTH) says a UK investor has agreed to acquire 19 million shares at 65p each. That will raise £12.35m. Rutherford is also issuing 64 million shares to acquire UAE-based Proton Partners International Health Care Investments, which owns the Gulf International Cancer Center in Abu Dhabi. Capital for Colleagues (CFCP) has […]

Andrew Hore – Quoted Micro 9 August 2021

AQUIS STOCK EXCHANGE Chapel Down (CDGP) has announced Andrew Carter as successor to chief executive Frazer Thompson in September 2021. National Milk Records (NMRP) increased its fourth quarter revenues by 7% to £5.72m. Milk recording revenues grew by 9%. The corresponding period did cover the initial lockdown. Milk prices are holding up at levels where […]

Andrew Hore – Quoted Micro 14 June 2021

AQUIS STOCK EXCHANGE Clarify Pharma (PSYC) joined the Access segment on 11 June and raised £1.96m at 2.5p a share. Prior to flotation, Clarify Pharma raised £100,000 at 0.1p a share and £1.19m at 1p a share. Pro forma NAV, after flotation expenses, is £2.97m. That is equivalent to 1p a share. Management includes Michael […]

Andrew Hore – Quoted Micro 24 May 2021

AQUIS STOCK EXCHANGE British Virgin Islands-based Boanerges (BNRG) is a SPAC seeking to acquire technology companies involved in big data, machine learning, telematics and internet of things. Boanerges floated on 17 May 2021 when it raised £500,000 at 20p a share. In April, an initial £51,500 was raised at 0.1p a share and a further […]

Andrew Hore – Quoted Micro 17 May 2021

AQUIS STOCK EXCHANGE United Win Asia has invested £3.15m in Samarkand (SMK) at 115p a share, which is the same as the original placing price but well below the market price. United Win Asia is part of a logistics group and this fits well with Samarkand’s ecommerce platform. Clarify Pharma plans to raise £5m at […]

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 26 April 2021

AQUIS STOCK EXCHANGE Shepherd Neame (SHEP) in common with other brewers and pub companies has been hard hit by the closure of pubs. Monthly cash burn during pub closures is £1.5m-£2m. Unsurprisingly, interim revenues slumped from £79m to £55.3m, while an underlying pre-tax profit of £4.88m was turned into an underlying loss of £4.81m. Bottled […]