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Horizonte (HZM) Share Price Plunged 56% on the Araguaia Update

The Horizonte Minerals Plc (LON: HZM) share price plunged 55.98% after announcing that it was about to complete the final detailed engineering and construction design for Line 1 of its 100%-owned Araguaia Nickel Project and h

Horizonte Minerals Corporate Presentation
Simon Mugo
Canadian Overseas (COPL) Shares Rose 8.42% on Financing Update

The Canadian Overseas Petroleum Limited (LON: COPL) share price rose 8.42% after announcing that it had secured an amendment to its Senior Credit Facility, which provided for the waiver of its covenant tests as of 30 Septembe

COPL Wyoming
Simon Mugo
Vast Resources (VAST) Shares Rallied 28.9% on a Delayed Reaction

The Vast Resources PLC (LON: VAST) share price rallied 28.9% after issuing an update about its debt obligations to Mercuria Energy Trading SA (Mercuria) and A&T Investments SARL (Alpha). The company could not repay the de

Vast Resources
Simon Mugo
Diageo Share Price Has Fallen 16.2% This Year, Can It Recover?

The Diageo plc (LON: DGE) share price has fallen 16.2% since the year started and is still headed lower. Can the share price recover? The short answer is yes; the DGE share price can recover, but it might take a while to see

Diageo drinks
Simon Mugo
Supply@Me (SYME) Shares Fell 10% on Mixed Interim H1 Results

The Supply@Me Capital PLC (LON: SYME) share price fell 10% after releasing its interim results for the six months ended 30 June 2023. The company generated group revenues worth £0.1 million, slightly improving from the nil re

Supply@Me Capital
Simon Mugo
Premier African (REM) Shares Gapped Up 14.3% on Interim Results

The Premier African Minerals Ltd (LON: PREM) share price gapped 14.29% higher after releasing its interim results for the six months ended 30 June 2023. The company reported a loss of US$7.166 million for the period as it has

Premier African minerals trucks
Simon Mugo
Aston Martin (AML) Shares Rose 10.2% on the Yew Tree Investment

The Aston Martin Lagonda Global Holdings PLC (LON: AML) share price rose 10.2% after announcing that some members of the Yew Tree Consortium had agreed to purchase a further 26 million ordinary shares in the firm.

Aston Martin V12 Vantage
Simon Mugo
Deliveroo Shares Gapped Up 9.66% on £250 Million Tender Offer

The Deliveroo PLC (LON: ROO) share price gapped 9.66% after unveiling a plan to return up to £250 million to its shareholders via a tender offer. The company plans to purchase up to 217,391,304 A Ordinary Shares from qualifyi

Deliveroo
Simon Mugo
Ocado Shares Fell 23.3% in a Week After Key Analyst Downgrade

The Ocado Group PLC (LON: OCDO) share price has fallen 23.26% in the week following a significant downgrade from Andrew Glynn, an analyst at BNP Paribas Exane. Andrew is a former bear whose last rating on Ocado was ‘neutral’

Ocado delivery
Simon Mugo
Ceres Power (CWR) Shares Traded Flat on Its Interim H1 Results

The Ceres Power Holdings plc (LON: CWR) share price was trading flat after releasing its interim financial results for the six months ended 30 June 2023. The company's revenues increased by 17% to £11.3 million from £9.7 mill

Ceres Power Doosan
Simon Mugo
Avacta Shares Fell 5.1% on Interim Results and AVA6000 Progress

The Avacta Group Plc (LON: AVCT) share price fell 5.10% after releasing its interim results for the six months ended 30 June 2023. The company generated revenues worth £11.9 million, significantly improving from the £5.5 mill

Avacta office1
Simon Mugo
SIMEC Atlantis (SAE) Share Price Rallied 10% on £4.5M H1 Profit

The SIMEC Atlantis Energy Ltd (LON: SAE) share price rallied 10% after releasing its interim results for the six months ended 30 June 2023. The company revealed that it generated a profit before tax of £4.5 million, marking a

SIMECAtlantisEnergy
Simon Mugo
Flutter Ent. (FLTR) Shares Rose 1.41% on the MaxBet Acquisition

The Flutter Entertainment PLC (LON: FLTR) share price rose 1.41% after announcing that it had acquired a 51% stake in MaxBet, the no.2 omnichannel sports betting and gaming operator in Serbia, for a cash payment of €141 milli

flutter entertainment logo
Simon Mugo
Amigo Holdings (AMGO) Loans Surged 57% on Its AGM Statement

The Amigo Holdings PLC (LON: AMGO) share price surged 57.1% after releasing the statement to be made at its annual general meeting (AGM) scheduled for today. The company noted that it is was continuing the orderly wind-down o

Amigo Loans
Simon Mugo
Ithaca Energy (ITH) Shares Rose 8.52% on Rosebank Development

The Ithaca Energy PLC (LON: ITH) share price rose 8.52% after announcing that the company, together with its operating partner Equinor, had finally decided to move forward with Phase 1 of the Rosebank development on the UK Co

Ithaca Energy IPO
Simon Mugo
Allergy Therapeutics (AGY) Shares Traded Flat Despite Trial News

The Allergy Therapeutics plc (LON: AGY) share price was trading flat for the day despite the company announcing that it had completed dosing healthy volunteers within the first two cohorts of its Phase I PROTECT trial. The tr

Allergy Therapeutics plc (LON: AGY)
Simon Mugo
ASOS Shares Dropped 6.65% on Mixed FY ’23 Trading Statement

The ASOS plc (LON: ASC) share price dropped 6.65% after releasing a trading statement for the 53 weeks to 3 September 2023, which marks the end of its 2023 financial year. After introducing the same twelve months ago, the fas

Asos store
Simon Mugo
Oxford Biomedica (OXB) Shares Rose 18.2% Despite Weak Ratings

The Oxford BioMedica plc (LON: OXB) share price has risen 18.22% in the past week despite most analysts downgrading the company and lowering their revenues and loss forecasts. Most analysts now rate the company much lower tha

Scientific research, medicine and laboratory tests
Simon Mugo
Eqtec Shares Fell 16.7% Despite Upbeat Gardanne Project Update

The EQTEC PLC (LON: EQT) share price fell 16.7% despite announcing an upbeat update about its French Biogaz Gardanne project at the former Gardanne power station. The company had completed the project's commercial and technic

Eqtec facility
Simon Mugo
Helium One (HE1) Share Price Fell As Drilling Began at Tai-3 Well

The Helium One Global Ltd (LON: HE1) share price fell 2.95% after the company began its drilling campaign at the Tai-3 well earlier today. The lack of enthusiasm from investors can be attributed to the significance of the dri

Helium One Global
Simon Mugo
Baron Oil (BOIL) Share Price Fell 6% on Mixed Interim H1 Results

The Baron Oil PLC (LON: BOIL) share price fell 6.06% after releasing its interim results for the six months ended 30 June 2023. The results contained an update on the Chuditch appraisal well that is set to be drilled by the c

Baron Oil logo
Simon Mugo
Aviva Shares Remain Muted Despite Acquiring AIG’s UK Business

The Aviva plc (LON: AV) share price remained muted after announcing that it would acquire AIG’s UK protection business for a total cost of £460 million. Investors barely reacted to the news because they might assume it would

Aviva Plc Office
Simon Mugo
Kibo Energy Share Price Dropped 9.1% on Another JVA Extension

The Kibo Energy PLC (LON: KIBO) share price dropped 9.09% after announcing that its UK-based multi-asset operator subsidiary Mast Energy Developments (MED) has extended the completion long-stop date for MED's first definitive

Kibo Energy logo
Simon Mugo