Risers & Fallers: Red Rock Resources, Asian Citrus, Goodwin and more

Below are the main news-driven share price movements at 4pm

Red Rock Chairman Andrew Bell bought shares in the company

Below are the main news-driven share price movements at 4pm


China New Energy (LON:CNEL) up 22.4% to 2p. The firm confirmed speculation in the press about a "ground breaking ceremony" being held at a cassava to ethanol project in Zambia to promote the project in the local community.

Red Rock Resources (LON:RRR) up 20% to 0.02p. Chairman Andrew Bell bought 10.6mln shares at 0.014p per share to take a 1.4% stake in the firm.

Volvere (LON:VLE) up 15.4% to 430p. The firm has sold its 76% stake in transport consultant JMP Consultants for £8mln to Systra having bought the firm for £400,000 in 2013. Volvere is expected to retain about £5.5mln of the cash after expenses.



Asian Citrus (LON:ACHL) down 18.5% to 5.5p. The company said the upcoming orange crop from its Hepu and Xinfeng plantations will likely see production output fall at both, which will hit full-year revenue and profit.

Goodwin (LON:GDWN) down 7.2% to 1,800p. The firm said it did not know whether it will be able to find work to make up for a shortfall in the oil, gas and mining industries. The engineering company also reported pre-tax profit halved in its first half.


Applied Graphene (LON:AGM) down 5.6% to 182p. It has raised £8.1mln through the placing of 4.6mln shares at 175p each, and held open offer of up to 1.1mln shares to raise up to £2.0mln at the same price.


Below are the main news-driven share price movements at 1pm


Zincox Resources (LON:ZOX) up 34% at 0.78p. Shareholders approve resolutions for US$5mln placing or handing over Korean plant if money can’t be raised.

Concha (LON:CHA) up 25% to 0.78p. Rally after heavy falls yesterday as planned investment in company fell through.

Anglo American (LON:AAL) up 4% to 275p. Best performer on the FTSE 100 and some relief after the torrid past few past weeks for mining major and De Beers owner.


Armadale Capital (LON:ACP) down 17% to 3.13p. Raised £420,000 through a placing at 3p to advance Mpokoto gold project at Katanga in the DRC.

Octagonal (LON:OCT) down 9% to 0.7p. Profit taking after decent set of interim results. Adjusted operating profit before exceptional items amounted to £0.4 mln compared to £0.2mln. Second half prospects look 'very positive' for the broker.

John Lewis of Hungerford (LON:JLH) down 5% to 1.3p. Loss for the year to end August. Following a strong first quarter, the kitchen specialist suffered a series of unplanned staffing changes, including the resignations of two experienced designers.


Below are the main news-driven share price movements at 9.30am.


Electric Word (LON:ELE) up 33.3% to 4p. The firm was the morning’s biggest gainer as it has agreed to sell its 70% stake in iGaming Business to Clarion Events for around £13.8mln. The deal values iGB at £19.7mln.

Hardide (LON:HDD) up 27.6% to 1.5p. The firm was rising for the second day in a row as the surface coating technology group says its Hardide-A coating has met Airbus technical performance standards and is now available for use on some of the European aircraft maker's aircraft parts.

Mediazest (LON:MDZ) up 17.8% to 0.17p. The investment company said it has secured a number of material additional contracts since October and completed several “significant” projects. It added that this year has seen the company record its best ever results.



Impact Holdings (LON:IHUK) down 30% to 73p. The firm fell as losses widened due to upfront legal costs as it tries to recover money owed by a third party.

Infrastrata (LON:INFA) down 23% to 1.25p. The company announced a placing of around 36mln shares at 1.25p per share to raise £450,000.

WH IRELAND (LON:WHI) down 12% to 88p. A potentially substantial fine could be imposed on the company by the Financial Conduct Authority. WH IRELAND is in discussions with the FCA regarding liabilities in the period January-June 2013.


Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...



Australian Strategic Materials produces first titanium metal alloy with JV...

Australian Strategic Materials Limited’s David Woodall speaks to Proactive's Andrew Scott after announcing its JV partner ZironTech has successfully produced a titanium metal alloy at their commercial pilot plant in South Korea. He says it achieved 99.9% purity and importantly it uses about 45%...

3 hours, 9 minutes ago

4 min read