With Greenland-focused rare earths, diamonds and gold developer Avannaa Resources contemplating an AIM flotation and Australian vanadium play TNG thinking of backing a £230 million vanadium project through London’s junior stock market, investors can expect their appetite for this lively sector of the market to be put to the test in the coming few months. Robert Tyerman reports.
Over on PLUS, the biggest news concerned the flotation of an unusual business – education consultancy Wey Education.
While the world has recently been riveted to both the death of Osama bin Laden and the majesty of the Royal Wedding, AIM-50 constituent and the junior market’s second-biggest company ASOS wowed investors with yet another excellent update.
With the 24 Indian companies on AIM gaining an average of 18 per cent over the past year, Roger Hardman identifies the pick of the crop.
Although many are still harbouring concerns over the British pound, there are signs of stability in the currency so it may well be time to be more bullish on the currency.
The recent bout of buying and selling continued with directors taking stakes including a restaurant entrepreneur and one of Sweden’s richest men, while other directors looked to offload shares in their companies.
Midas looks east.
Brewin unearths mining and engineering plays.
Profitable pair for Arden.
Former Army captain Simon Stilwell helped set up fast-growing City broker Liberum Capital less than four years ago – yet the progress since has been rapid
Encouraging drilling results and buoyant markets have enabled a number of resources companies to generate healthy profits and expand their operations
After celebrating his third anniversary as manager of the £21.7 million Close Special Situations fund at the beginning of May, Deryck Noble-Nesbitt says stockpicking has become an important driver of his fund’s performance
Advertisement
£100 credit when you open five trades within 60 days – terms apply. Spread Trading is not for everyone please ensure you understand the risks as you may lose more than your initial deposit. Click here for more information.
This unique study analyses the shareholdings of companies listed on AIM, extracting trends including rankings of the value and number of their investments.
Please click here to order your copy of the report or call 0207 250 7056.
Informative features and research on fast-growing companies, small-cap and growth stocks, penny shares, stock market tips and share recommendations, directors' dealings, company news and analysis, new issues and upcoming IPOs.
If you're interested in business tax updates visit our specialist tax guide website.
In-depth coverage of selected AIM companies within the small-cap and fast growing company sector including AIM and PLUS Markets shares and listed stocks. Company research and analysis from GCI analysts updated daily.
Subscribe today and save 50%. Receive company watch recommendations and extensive company profile tips, released two months ahead of the market.
Advertisement
Drug discoverer Vernalis (VER) is to raise £68.5 million as part of a joint venture with US concern Tris Pharma.
Magnolia Petroleum (MAGP) has acquired 800 acres in the Mississippi Lime formation in Oklahoma.
Gold explorer Condor Resources (CNR) has reported encouraging results from drilling at its La India project in Nicaragua.
US-focused Nighthawk Energy is launching a $7.5 million program to invest in its Colorado-based Jolly Ranch project.
Africa-focused Tower Resources (TRP) has raised £5.4 million via a placing with a mixture of institutional investors and directors.
Beleaguered travel operator Thomas Cook (TCG) has reported a loss of £91 million its first quarter also announcing the sale of its Indian division.
www.growthcompany.co.uk is published by Growth Company Investor Ltd (part of Vitesse Media plc).
Growth Company Investor Ltd, 50 Banner Street, London EC1Y 8ST.
