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Risers & fallers: KImberley, RedT, TP Group, Shoezone..

Last updated: 00:30 12 Jan 2016 AEDT, First published: 21:17 11 Jan 2016 AEDT

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Main share price movers at 1.30pm

Risers

Kimberley Enterprises (LON:KBE) up 50% at 0.53p. Announced last week that buyer of Canadian residential development plots has been granted until tomorrow (12 January) to complete. At the time said there was no reason it knew of for recent share price spike.

RedT Energy (LON:RED) up 33% to 10p. A bullish note from house broker finnCap highlighting company’s switch to become a pure play on commercial and utility scale energy storage boosts share price.

Anglo American (LON:AAL) up 4% to 239p. Shares in miner rally further after pasting last Thursday on China concerns.

Fallers

TP Group (LON:TPG) down 13% to 1.84p. Mark Crawford, CFO, is  stepping down  from the specialist engineer to look for another role and most likely within the FMCG sector.

ShoeZone (LON:SHOE) down 12% to 165p. Investors get nervy ahead of full year results from the footwear retailer on Wednesday.

Sports Direct (LON:SPD) down 2% to 424p. Fall-out from last week’s profit warning continues to affect the share price. Liberum downgrades to 'hold' from 'buy'.

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Main share price movers at 10am

Risers

Rockhopper (LON:RKH) up 14% at 27.6p. Latest Falklands well has confirmed a significant discovery for the Isobel/Elaine project. The new 14/20-2 well was a ‘re-drill’ of the prior Isobel Deep well which had to be abandoned prematurely due to operational issues despite encountering oil.

Falkland Oil (LON:FOGL) up 12% at 8.2p. It is merging with Rockhopper but already owns 40% of the licence where discovery was made.This will rise to 64% after the merger. 

Scancell (LON:SCLP) up 7% at 23p.  A diagnostic that is able to detect the early immune effects of the drug candidate SCIB1 is to be incorporated into the phase II clinical trial of cancer treatment

Fallers

Reabold Resources (LON:RBD) down 32% to 0.85p. Placing last week to raise £200,000 at 0.5p per share.

NetPlay TV (LON:NPT) down 5% to 7.12p. Withdraws from talks with betting firm Sportech (LON:SPO) over buying its football pools business. It comes as it emerged that Sportech has received a "number of proposals" for the pools business and invited parties to submit final proposals by mid-January 2016.

Plethora Solutions (LON:PLE) down 7% to 3.83p. Deadline for posting of takeover document from Regent Pacific put back to 30 January.

Australian Strategic Materials signs US$600 million LoI

Rowena Smith, CEO and managing director of Australian Strategic Materials Ltd (ASX:ASM, OTC:ASMMF), joins Jonathan Jackson in the Proactive studio to discuss the company’ s Dubbo Project, in Central West New South Wales. This project aims to extract and process critical minerals and rare earth...

8 hours, 38 minutes ago