ShareTalkLogo

Weekly Stockmarket News

Good Morning!

Welcome to Share Talk weekly stock market news. You can unsubscribe at any time via the link below this email.

Today's Top Stories

Share Talk Weekly Small Cap Movers & Shakers, Saturday 4th February 2023

Share Talk Weekly Small Cap Movers & Shakers, Saturday 4th February 2023
Despite some notable surprises from the constituents, the FTSE AIM All-Share Index ended the five-day period 2.25% better at 886.88p.

The three stocks to sell as interest rates rise

The three stocks to sell as interest rates rise
The Bank of England raised interest rates by 0.5% to 4pc. This is the highest rate since the financial crisis.

UK workforce to shrink permanently in wake of pandemic, Bank of England

UK workforce to shrink permanently in wake of pandemic, Bank of England
The Bank of England warned that Britain's workforce would be permanently smaller following the pandemic. This will lead to stagnation.

Tweet: Elon Musk "not guilty" of fraud following Tesla sale

Tweet: Elon Musk "not guilty" of fraud following Tesla sale
In a fraud trial, Elon Musk was cleared of any liability for investors' losses. He falsely claimed that he had obtained funding for a private Tesla buyout.

hVIVO shares: further to go in 2023? Worth circa 5p per share pre-pandemic

hVIVO shares: further to go in 2023? Worth circa 5p per share pre-pandemic
hVIVO saw record revenues for another year in 2022 as demand for its human challenge trials accelerated. And 2023 could see further gains.

FTSE 100 breaks all-time high after climbing 1.03pc to 7,900.41 today

FTSE 100 breaks all-time high after climbing 1.03pc to 7,900.41 today
After climbing 1.03pc to 7,900.41 today, the FTSE 100 closed at a record-breaking high. This means that the blue-chip index broke the May 22nd, 2018 record of 7,877.45.

The FTSE 100 has broken its all-time high as a slump in the pound gave a boost to the internationally-focused index.

After rising more than 1pc, the group of Britain's 100 largest listed companies was set to close at 7,898.46. It had broken its intraday record to reach 7,905.52.

Traders Cafe with Zak Mir: Bulletin Board Heroes, Friday 3rd February 2023 via Vox Markets

Traders Cafe with Zak Mir: Bulletin Board Heroes, Friday 3rd February 2023 via Vox Markets
Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Ajax, Avacta, Baron, Caspian, Coro, DeepVerge, Empyrean, 88 Energy, Firering, Kanabo, Marechale, Oracle, Predator, Red Rock.

Marula Mining Plc (AQSE: MARU) Marula Mining Seeks Listing on AIM

Marula Mining Plc (AQSE: MARU) Marula Mining Seeks Listing on AIM
Marula Mining (AQSE: MARU), an African focused mining and development company, is pleased to update the market and shareholders on its intention to seek a listing of Marula’s ordinary shares on the London Stock Exchange's AIM market (“AIM”) (“Listing”), subject to the preparation and acceptance of all the requisite documentation and regulatory approvals.

Ascent Resources PLC (AIM:AST) Update on Slovenia Operations

Ascent Resources PLC (AIM:AST) Update on Slovenia Operations
Ascent Resources Plc (LON: AST), the onshore Hispanic American and European focussed energy and natural resources company announces.

Tesla's Elon Musk lost $140m to Bitcoin in 2022

Tesla's Elon Musk lost $140m to Bitcoin in 2022
According to filings, Tesla suffered a loss of $140m (£113.5m), on its Bitcoin investments in 2022.

Energy regulator Ofgem orders halt to pre-pay meters being forcibly installed

Energy regulator Ofgem orders halt to pre-pay meters being forcibly installed
After an investigation revealed that agents working for British Gas broke into the homes of vulnerable customers to install prepayment meters, the British energy regulator Ofgem ordered all suppliers to stop installing them.

Malcy’s Blog – Oil price, PetroTal Corp, Wentworth Resources, Molecular Industries & finally

Malcy’s Blog – Oil price, PetroTal Corp, Wentworth Resources, Molecular Industries & finally
WTI (Mar) $75.88 -53c, Brent (Apr) $82.17 -67c, Diff -$6.29 -14c. 

Midatech Pharma PLC (AIM:MTPH) Receipt of NASDAQ Notice

Midatech Pharma PLC (AIM:MTPH) Receipt of NASDAQ Notice
Midatech Pharma PLC (AIM: MTPH.L; Nasdaq: MTP), a drug delivery technology company focused on improving the bio-delivery and biodistribution of medicines, announces that it received written notification (the "Notification Letter") from The NASDAQ Stock Market LLC ("NASDAQ"), dated 31 January 2023, stating that the Company is not in compliance with the minimum bid price requirement set forth in NASDAQ's rules for continued listing on The NASDAQ Capital Market.

Why UK small-cap biotech shares are going extinct, AVCT, RENE, POLX, HVO & HEMO

Why UK small-cap biotech shares are going extinct, AVCT, RENE, POLX, HVO & HEMO
When a UK biotech firm starts to show promise, they set sail across the Atlantic. Investors can’t blame them.

RNS Hotlist with Zak Mir: NANO, MXC, ITX, LVCG, QBIT, MEN & BBSN via Vox Markets

RNS Hotlist with Zak Mir: NANO, MXC, ITX, LVCG, QBIT, MEN & BBSN via Vox Markets
Nanoco Group (NANO), a specialist in the development and manufacture of cadmium-free quantum dots, announced the final agreements have been signed to settle the litigation with Samsung on a no fault basis for the alleged infringement of the Group's IP.

Atlantic Lithium Ltd (AIM:ALL) Corporate Communication Update Mining Indaba 2023

Atlantic Lithium Ltd (AIM:ALL) Corporate Communication Update Mining Indaba 2023
Atlantic Lithium Limited (AIM: ALL, ASX: A11, OTCQX: ALLIF, "Atlantic Lithium" or the "Company"), the funded African-focussed lithium exploration and development company targeting to deliver Ghana's first lithium mine, announces that it will be attending the upcoming Mining Indaba conference in Cape Town from Monday, 6 to Thursday, 9 February 2023.

Petro Matad Ltd (AIM:MATD) Results of Capital Raise

Petro Matad Ltd (AIM:MATD) Results of Capital Raise
Petro Matad Limited ("Petro Matad" or the "Company") (AIM: MATD), the AIM quoted Mongolian oil company, is pleased to announce that following the accelerated bookbuild which was announced on 2 February 2023.

£9bn in customers' cash hoarded by energy companies

£9bn in customers' cash hoarded by energy companies
The cash pile exploded over the past year and reached its peak at November's end when households were facing extreme financial pressure due to the cost of living crisis.

Malcy’s Blog – Oil price, Jadestone Energy, Hurricane Energy, Capricorn Energy, Echo Energy & finally

Malcy’s Blog – Oil price, Jadestone Energy, Hurricane Energy, Capricorn Energy, Echo Energy & finally
WTI (Mar) $76.41 -$2.46, Brent (Apr) $82.84 -$2.62, Diff -$6.43 -16c. 

4d Pharma PLC (AIM:DDDD) Updated Results from Renal Cell Carcinoma Cohort

4d Pharma PLC (AIM:DDDD) Updated Results from Renal Cell Carcinoma Cohort
4D pharma Announces Updated Results from the Renal Cell Carcinoma Cohort of the Phase I/II Study of the Combination of MRx0518 and KEYTRUDA® (pembrolizumab)

The Bank of England raises interest rate for 10th time in a row

The Bank of England raises interest rate for 10th time in a row
A majority of 7-2 votes in favour of increasing the Bank Rate by 0.5% to 4% by the Monetary Policy Committee.

Porsche Dealers Blunder Puts $148,000 Sportscar on Sale for Just $18,000

Porsche Dealers Blunder Puts $148,000 Sportscar on Sale for Just $18,000
The most popular thing about an advertisement posted by a Chinese Porsche AG dealer for the Panamera was not the sleek lines of the car, but the low price.

Traders Cafe with Zak Mir: Bulletin Board Heroes, Thursday 2nd February 2023 via Vox Markets

Traders Cafe with Zak Mir: Bulletin Board Heroes, Thursday 2nd February 2023 via Vox Markets
Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Audioboom, Canadian, Geiger, Immotion, and Xpediator.

British Gas stops using warrants to force people into prepayment meters

British Gas stops using warrants to force people into prepayment meters
The move is following allegations that third-party agents ignored the vulnerabilities of customers and broke into equipment to install it.

RNS Hotlist with Zak Mir: PALM, 88E, IMMO, ANR, BLOE, GGP, KEFI, STK, GLR, VAST, THX & ECHO via Vox Markets

RNS Hotlist with Zak Mir: PALM, 88E, IMMO, ANR, BLOE, GGP, KEFI, STK, GLR, VAST, THX & ECHO via Vox Markets
Panther Metals (PALM) the company focused on mineral exploration in Canada, reported the results from the latest round of diamond drilling has confirmed the discovery of an additional volcanogenic massive sulphide mineral system (VMS) at the Obonga Project.

Kefi Gold and Copper (AIM:KEFI) Q4 2022 Operational Update

Kefi Gold and Copper (AIM:KEFI) Q4 2022 Operational Update
KEFI (AIM: KEFI), the gold exploration and development company with projects in the Federal Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia, is pleased to provide its latest quarterly operational update.

Shell profits possibly largest ever by UK-domiciled company

Shell profits possibly largest ever by UK-domiciled company
The company posted a record $39.9bn annual profit (£32.2bn), beating the previous record of $28.4bn, (£22.9bn), set in 2008.

Greatland Gold PLC (AIM:GGP) Juri Exploration Programme Update

Greatland Gold PLC (AIM:GGP) Juri Exploration Programme Update
2022 final results confirm broad intersections of gold mineralisation with highly anomalous Bismuth pathfinder geochemistry at Black Hills

Power Metal (AIM:POW) Strategic Uranium Properties Staked - Athabasca

Power Metal (AIM:POW) Strategic Uranium Properties Staked - Athabasca
Power Metal Acquires via Staking the Strategic Haresign Bay and Kernaghan Uranium Properties

Hurricane Energy PLC (AIM:HUR) Update re Reduction of Capital

Hurricane Energy PLC (AIM:HUR) Update re Reduction of Capital
Hurricane Energy plc, the UK based oil and gas company, is pleased to provide an update regarding the Company's proposed reduction of capital, which was approved by the Company's shareholders at a General Meeting held on 11 January 2023 and then subsequently approved by the High Court of England and Wales on 31 January 2023 (the "Reduction of Capital").

Vast Resources plc (AIM:VAST) Settlement Discussions Update

Vast Resources plc (AIM:VAST) Settlement Discussions Update
Settlement Discussions Update

Malcy’s Blog – Oil price, PetroTal Corp, Zephyr Energy, Arrow Exploration, Savannah Energy & finally

Malcy’s Blog – Oil price, PetroTal Corp, Zephyr Energy, Arrow Exploration, Savannah Energy & finally
WTI (Mar) $78.87 +97c, Brent (Apr) $85.46 +96c*, Diff -$6.59 -41c.

Octopus claims it abandoned profit in order to lower its energy bills

Octopus claims it abandoned profit in order to lower its energy bills
Octopus Energy stated that it decided not to make its first annual profit after spending £150m on trying to lower customers' electricity and gas bills.

Traders Cafe with Zak Mir: Bulletin Board Heroes, Wednesday 1st February 2023 via Vox Markets

Traders Cafe with Zak Mir: Bulletin Board Heroes, Wednesday 1st February 2023 via Vox Markets
Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Alkemy, Audioboom, BSF, CleanTech, East Star, Harland, Kodal, Midatech, Made, Crimson, Tap, Vast, Wishbone, Xtract.

The UK moves ahead with plans for crypto mainstream regulation

The UK moves ahead with plans for crypto mainstream regulation
The UK government continues to push ahead with plans to include cryptocurrency in mainstream financial services regulation, even though retail investors were hurt by the collapse of several prominent digital asset companies last year.

Mkango Resources Ltd (AIM/TSX-V: MKA) has signed definitive agreements with CoTec Holdings Corp

Mkango Resources Ltd (AIM/TSX-V: MKA) has signed definitive agreements with CoTec Holdings Corp
MKANGO AND COTEC SIGN DEFINITIVE AGREEMENTS TO INVEST IN MKANGO, MAGINITO AND TO COLLABORATE IN RARE EARTH TECHNOLOGIES IN UNITED STATES

Kodal Minerals PLC (AIM:KOD) Funding update - US$7million deposit received into escrow account

Kodal Minerals PLC (AIM:KOD) Funding update - US$7million deposit received into escrow account
Kodal Minerals, the mineral exploration and development company focused on lithium and gold assets in West Africa, is pleased to confirm the receipt of the US$7.0 million deposit in relation to the funding package announced on 19 January 2023 (the "Funding Transaction").

ECR Minerals plc (AIM:ECR) Further Gold, Lithium, Tantalum and Niobium Samples Identified at Lolworth Range Project, Queensland

ECR Minerals plc (AIM:ECR) Further Gold, Lithium, Tantalum and Niobium Samples Identified at Lolworth Range Project, Queensland
ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to announce further progress and new results for gold, Lithium, Tantalum and Niobium from the recently completed stream sampling campaign at the Lolworth Range project, North Queensland, Australia.

Bank of England poised to raise interest rates for 10th time in a row on Thursday

Bank of England poised to raise interest rates for 10th time in a row on Thursday
The Bank of England will raise interest rates for the tenth time in succession at its policymakers' meeting this week to further squeeze the finances of businesses and mortgage holders.

BSF Enterprise PLC (AIM:BSFA) UK's First Fillet of Cultivated Meat Produced

BSF Enterprise PLC (AIM:BSFA) UK's First Fillet of Cultivated Meat Produced
The Lab-Grown Pork Fillet Represents a Scientific Breakthrough which Exceeds Expectations in Appearance, Taste and Texture

RNS Hotlist with Zak Mir: KR1, TRR, AURA, ARB, ORCA, HARL, CTL & KBO via Vox Markets

RNS Hotlist with Zak Mir: KR1, TRR, AURA, ARB, ORCA, HARL, CTL & KBO via Vox Markets
KR1 (KR1:AQSE), a digital asset investment company, announced that it has made a number of investments, both into existing projects demonstrating strong progress, and into new opportunities.

Synergia Energy Ltd (AIM:SYN) Cambay C-77H Update

Synergia Energy Ltd (AIM:SYN) Cambay C-77H Update
Synergia Energy Ltd (the "Company" or "Synergia") is pleased to provide the following update concerning the Cambay C-77H well.

Harland & Wolff (AIM:HARL) Execution of FSS Subcontract

Harland & Wolff (AIM:HARL) Execution of FSS Subcontract
Execution of the Fleet Solid Support Programme ("FSS" or "Programme") Subcontract

Arrow Exploration (AIM:AXL) Operations Update, 2023 Capital Budget & TVR 

Arrow Exploration (AIM:AXL) Operations Update, 2023 Capital Budget & TVR 
CALGARY, February 1, 2023 - Arrow Exploration Corp. (AIM: AXL; TSXV: AXL) ("Arrow" or the "Company"), the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, is pleased to provide an operations update including its 2023 capital budget, and changes in total voting rights (TVR).

Pathfinder Minerals (AIM:PFP) Update re Bilateral Investment Treaty Claim

Pathfinder Minerals (AIM:PFP) Update re Bilateral Investment Treaty Claim
Exercise of Option for the Sale of IM Minerals and the Claim

UK Oil & Gas PLC (AIM:UKOG) PEDL234 Loxley gas discovery update

UK Oil & Gas PLC (AIM:UKOG) PEDL234 Loxley gas discovery update
UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that the North Sea Transition Authority ("NSTA") has granted its consent to a modified PEDL234 Retention Area ("RA") work programme. The revision will permit the Company to focus licence activities entirely upon the acceleration of the planned appraisal campaign of its material 100%-owned Loxley gas discovery.

HMRC self assessment: More than 600,000 will miss Tuesday's self-assessment deadline

HMRC self assessment: More than 600,000 will miss Tuesday's self-assessment deadline
More than 600,000 people will miss Tuesday's self-assessment deadline, resulting in a £60m bumper haul of late penalties for HM Revenue and Customs.

Exxon smashes Western oil majors' earnings record with $56 billion profit for 2022, Reuters

Exxon smashes Western oil majors' earnings record with $56 billion profit for 2022, Reuters
HOUSTON, Jan 31 (Reuters) - Exxon Mobil Corp (XOM.N) posted a $56 billion profit for 2022, the company said on Tuesday, taking home about $6.3 million per hour last year, and setting not only a company record but a historic high for the Western oil industry.

As UK food prices rise to a new record high, household grocery bills increase by £788

As UK food prices rise to a new record high, household grocery bills increase by £788
After signs that food inflation has passed its peak in January, shoppers are now facing the largest increase in grocery bills ever recorded.

Traders Cafe with Zak Mir: Bulletin Board Heroes, Tuesday 31st January 2023 via Vox Markets

Traders Cafe with Zak Mir: Bulletin Board Heroes, Tuesday 31st January 2023 via Vox Markets
Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Canadian, Empire, Kanabo, LifeSafe, Oracle, Predator, Vast, and XLMedia.
ShareTalkLogo
Unsubscribe
Manage your subscription
Share Talk Limited,128 City Road, London, EC1V 2NX
facebook twitter youtube linkedin