The following stocks are the leading risers and fallers on AIM on Monday.
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AIM - WINNERS
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Thruvision Group PLC, up 28% at 0.925 pence, 12-month range 0.525p-8.5p. The walk-through security technology provider has received a notice of intent to award, from an existing customer, for its SpotCHECK people-screening solution at a large US Pacific Northwest airport to support aviation worker screening. Expects the standard procurement and approval processes to be completed by Saturday. ‘We’re proud to support this existing airport customer with our latest technology, building on nearly a decade of partnership, and delivering a safe, efficient, non-contact employee-screening capability,’ says Thruvision Americas Senior Vice President Kevin Gramer. ‘The mobility of our solution enables security teams to adapt quickly to operational needs while maintaining consistent screening coverage.’
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AIM - LOSERS
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Wishbone Gold PLC, down 25% at 51.5p, 12-month range 10p-185p. The miner with projects in Western Australia says assay results are pending for three drill holes which have now been processed at its Red Setter gold dome project, and that it has applied for a new access road between the Nifty copper mine and the Red Setter project. Also, it says a new Mobile MT survey has been flown over the north-west extension to Red Setter, with results currently being processed. Plans to release assay results over the next few months and to announce a plan for next year once all results are collated. WA Director Ed Mead comments: ‘This year has provided many challenges in completing RC and diamond drill holes to date, and this new access road will make a tangible improvement to our ability to execute our drill program in an efficient manner...We are extremely happy with what we have seen in drill core to date and need the assays to quantify our enthusiasm for the Red Setter project.’
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Frontier IP Group PLC, down 11% at 16.5p, 12-month range 16.5p-29p. Reports pretax loss of £6.3 million for the year ended June 30, widened from £1.3 million the year before. Revenue decreases to £325,000 from £358,000. The company, involved in the commercialisation of intellectual property, reports a £3.0 million unrealised loss on fair value of investments against a £1.3 million gain. Looking ahead, it says it is confident about its long-term prospects and those of its portfolio companies. ‘In the round, portfolio companies made good commercial and technical progress. Five companies raised funds during the year...But the move towards exits was hampered by the exceptionally difficult conditions in the private and public markets,’ says Chair Julia King. ‘This is, of course, a disappointment and I can assure you, our shareholders, that generating a realisation remains a key focus for the chief executive and board of directors in the coming year.’
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