The following stocks are the leading risers and fallers on AIM in London on Monday.
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AIM - WINNERS
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nanosynth group PLC, up 34% at 0.30 pence, 12-month range 0.20p-1.65p. The digital monitoring and safeguarding systems manufacturer says its partnership with Volz Holdings remains of ‘great value’ despite demand for surgical masks waning as Covid worries ease. The plan for the pact is to take technology developed to use it directly within products in the heating, ventilation, and air conditioning market, nanosynth said on Monday. It also moves to defend the pace of its turnaround progress and noted its ‘irregular newsflow’. It says: ‘The group would like to emphasise that good momentum is being gained and updates are being provided to shareholders when appropriate to do so and in accordance with the company’s regulatory obligations.’
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MySale Group PLC, up 30% at 4.67 pence, 12-month range 0.010p-5.00p. The stock surges again, after shares doubled on Friday and roared roughly 30% on Thursday. On Thursday, Sports Direct owner Frasers Group PLC said it acquired a 28.7% holding in the Australian-based fashion marketplace. Hits this 12-month high on Monday.
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Strip Tinning Holdings PLC, up 11% at 110.00 pence, 12-month range 95.00p-200.00p. The Birmingham-based supplier of electrical connectors has won a five year nomination with BMW AG for its Glazing division. Additionally, Strip Tinning says it has signed another five-year contract with existing customer Skoda Auto to increase its connector volume demand by 45%, again for use across its electric vehicle range.
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AIM - LOSERS
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Inland Homes PLC, down 6.7% at 29.40p, 12-month range 29.00p-59.90p. The stock looks set to suffer a third successive share price decline. The housebuilder & brownfield developer achieves practical competition of its land and build sale of 85 units at Buckingham House, High Wycombe to an unnamed ‘build-to-rent’ operator, it says on Monday.
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