Falcon Oil & Gas, Wandisco, SRT Marine Systems
The AIM index managed to recoup those early losses, but at the close was just a fraction higher, up 0.15 points to 855.47.
- Falcon Oil & Gas +24%
- Wanddisco +21%
- SRT marine systems +12%
- Enteq Technologies -36%
- Standby Sleep -24%
Oil and Gas Falcon [LON:FOG] was the biggest winner of the day, advancing 24% at the bell. The market still seems to be pricing in the news released earlier in the week and today’s rise recoups earlier losses as some investors seem to sense a buying opportunity.
Wanddisco [LON:WAND] ended up in second place at the bell, up about 21%. This morning, the company provided a record contract and outlook update, building on the momentum of the start of the year and clearly galvanizing investor support along the way.
Notable mention goes to SRT Marine Systems [LON:SRT] which added 12% in a high trading day. The company released an update from the AGM this morning which highlighted an exceptionally busy first half, including progress on a number of new systems contracts which it hopes to convert soon. However, equities remained well down over the year.
Enteq Technologies [LON:NTQ] was at the bottom of the chart, down around 36% following its pre-AGM trading statement. It’s a strong sell-off for the company that’s involved in measuring oil exploration rig space and disrupts a steady run for the company’s share price, perhaps with reference to the “cash management” which raises concerns.
Eve Sleep [LON:EVE] also struggled as markets continued to digest the company’s latest update which highlighted lackluster sales, a deteriorating consumer environment and challenges in finding a wholesale buyer of the company. The shares reached the close, down 24%.