Anglo Asian into profit 02/09/2010
Central Asian gold producer Anglo Asian Mining has turned a $2 million (£1.28 million) interim loss into $6.2 million first-half pre-tax profits.
XL Tech’s second spin-out
TyraTech, producer of a range of natural insecticides, will be the second company that business-builder XL TechGroup has floated on the market.
TyraTech, which develops products derived from natural plant oil that kill or repel parasites, is looking to lure up to £30 million from investors through a placing that will value the company between £100 million and £150 million. At the moment XL Tech owns 61 per cent of the company.
Chief executive Douglas Armstrong said TyraTech is floating now to strengthen the balance sheet and raise profile to help commercialise its 24 products in collaboration with larger partners. These presently include Syngenta Crop Protection and Kraft Foods.
Armstrong added that the offering is ‘truly revolutionary’ and will provide ‘an economic and environmental safety profile demanded by consumers, corporates and governments alike’.
XL Tech’s first spin-out, greenhouse gas offsetting venture Agcert, is down from a 252p high last year to 51p today, almost a third of its original float price.
- Reduce text size Decrease text size
- Increase text size Increase text size
- Print article Print
- Share this article Share
- Email article to a friend Email
Subscribe today
More breaking news stories.
More extended feature articles.
And a depth of analysis you
can't find anywhere else.
Advertisement
VCT Report 2010
VCT Report 2010 uncovers the money available
for investment in every single VCT, helping you get one step ahead in the race to attract funding for your unquoted, AIM-listed or PLUS-quoted
company.
Order VCT Report 2010 today using this online form
Cash Shells Directory 2010
A comprehensive overview of cash shells on AIM and PLUS, companies that have become a significant feature on the market landscape. For more information and to order, click here or contact our marketing team on 020 7250 7056.
Coverage of AIM, techMARK and PLUS Markets
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.
Take control of your investments
A full year's subscription to What Investment magazine for £19.95, a whopping 58% off. Get the latest news, features and expert advice on ISAs, Investment Trusts and Funds, SIPPS, Investing for Children and much much
more. Find out more here.
The Financial Times Guide to Personal Tax
is the definitive and most up-to-date guide to completing your self-assessment tax return, making sure that you get it right and on time, and showing how you can save tax. For more information and to order, click here or contact our marketing team on 020 7250 7056.
The AIM Guide Spring 2010
The new, fully updated AIM Guide is now available to buy for only £49.95 (saving you £30).
A 'must-have' for any serious investor or professional interested in the market for young, fast-growing companies. Order your copy today Hurry, as offer ends soon!
Latest small-cap and growth company news
Daily coverage of small-cap company stocks on London's junior markets AIM and PLUS, breaking news, stock research and latest share price information for investors. Full sector coverage with all the latest news on smaller listed companies, updated several times a day with financial reports, trading statements and links to further web resources.
Popular News
Aim
Boardroom Moves
Breaking-even
Buy/hold
Cash
Commodities
Credit Crunch
Deals & Contracts
Debt
Defensive
Director Dealing
Dividends
Downgrades
Emerging Markets
Full List
Fundraisings
Gold
Growth Stocks
Mergers & Acquisitions
Mining
New Issues
Penny Shares
Plus Markets
Profit Warnings
Renewables
Restructuring
Sell/avoid
Speculative Punts
Technology
Turnaround
Undervalued
Advertisement
Latest News
Interim advance at Abbey Protection 02/09/2010
Legal fees and related insurance and services specialist Abbey Protection has increased first-half pre-tax profits 9.3 per cent to £4.7 million.
Johnson Service on the prowl 01/09/2010
Workwear rental and facilities management concern Johnson Service Group is feeling acquisitive after losing a first-half £2.2 million pre-tax.
Sectors
Aerospace & Defence
Alternative Energy
Automobiles & Parts
Banks
Beverages
Chemicals
Construction & Materials
Electricity
Electronic & Electrical Equipment
Equity Investment Instruments
Fixed Line Telecommunications
Food & Drug Retailers
Food Producers
Forestry & Paper
Gas, Water & Multiutilities
General Financial
General Industrials
General Retailers
Health Care Equipment & Services
Household Goods
Industrial Engineering
Industrial Metals
Industrial Transportation
Leisure Goods
Life Insurance
Media
Mining
Mobile Telecommunications
Nonequity Investment Instruments
Nonlife Insurance
Oil & Gas Producers
Oil Equipment, Services & Distribution
Personal Goods
Pharmaceuticals & Biotechnology
Real Estate
