|
The following stocks are the leading risers and fallers on AIM on Wednesday. ---------- AIM - WINNERS ---------- Helium One Global Ltd, up 21% at 0.98 pence, 12-month range 0.50p-2.15p. Negotiations on a regulatory framework agreement at the Southern Rukwa asset in Tanzania are ‘being finalised’, the helium explorer says. A joint-venture firm named Songwe Helium Ltd will be established, Helium One will own 83% of Songwe Helium and the Tanzanian government 17%. ‘We are delighted to have concluded negotiations and reached agreement with the Tanzanian government negotiations team on all documents and associated agreements that are required to complete the formal award of the [mining license] for the southern Rukwa helium project,’ Helium One Chief Executive Officer Lorna Blaisse says. ---------- Frontier Developments PLC, up 14% at 308.62p, 12-month range 175.60p-336.31p. The video game developer and publisher expects to report revenue of £90.6 million for the financial year that ended May 31, a rise of 1.5% from £89.3 million. Adjusted earnings before interest, tax, depreciation and amortisation are forecast to jump to a range of £8 million to £9 million, from £900,000. Frontier plans to kick off a share buyback of up to £10 million. ‘Having achieved growth in revenue, profit and cash in FY25, the board is confident in Frontier’s ability to deliver further annual growth in FY26 through nurturing and expanding our genre-leading game franchises,’ the firm adds. ---------- AIM - LOSERS ---------- Malvern International PLC, down 12% at 18.00p, 12-month range 16.70p-23.00p. The learning and skills development company reports ‘varied’ trading across its divisions year-to-date. In the Adult English Language Training and University Pathway divisions, trading is in line with management expectations. Junior ELT trading is ahead of the prior year, but is not expected to grow to the £7.5 million level, a threshold which had been indicated in an earlier trading update. ‘While bookings are not yet finalised, we are seeing lower conversion of bookings from China which has been impacted by the on-going global trade disputes,’ Malvern adds. ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
|
