Tap Global Group plc (TAP), the innovative digital finance hub that brings money, payments and crypto settlement services together in a single user-friendly app, provided an update on Tap Earn, the Group’s proprietary crypto asset yield programme launched in May 2026. AUM surpasses US$8 million, up 43% in a month and more than doubled since May, Cumulative yield revenue of approximately US$141,000 since launch.
Comment: TAP is clearly very keen on the yield concept, although a hundred grand here or there is not yet getting the company into Coinbase territory. This perhaps explains why we are coming off the back of a £1m fundraise to keep the wheels spinning until the yield programme really takes off.
RC Fornax (RCFX), the UK-based consultancy delivering outcome-based engineering solutions to the defence sector’s most critical platforms, is pleased to announce that it has secured a second contract through the Public Sector Resourcing framework with a total value of approximately £350,000. The formal purchase order has been received and will see RC Fornax provide Project Management Office support to a UK Government client for an initial period of six months. Furthermore, the Board currently expects, subject to RC Fornax performance under the contract and PSR budget allocation, that the contract will be extended for an additional six months. Should such an extension be granted, the contract would generate the Company, in aggregate, revenue of between £650k – £700k.
Comment: RCFX is certainly in a hot space, and perhaps the market should be more appreciative of the way that the company is on the UK government public sector gravy train. Perhaps another nought at the end of the contract wins would help the cause?
tinyBuild (TBLD), a global developer and publisher of premium video games announced unaudited results for the six months ended 30 June 2026. Revenue of $20.0m (H1 2025: $17.0m), up 18% year‑on‑year thanks to strong catalogue performance and new launches; events again showed good growth to $0.9m (H1 2025: $0.8m). Gross profit of $9.8m (H1 2025: $10.4m), reflecting higher royalty payments due to the success of second party new releases. Company on track to deliver full year results ahead of expectations.
Comment: Shares of TBLD have been rising almost vertically in the run up to today’s update, something which suggests that at least one or two people have successfully guesses that the RNS would contain the magic words “ahead of expectations.” Above 15p could deliver up to 20p by the end of next month, if the good news has not already been factored in.
Cobra (COBR), a South Australian mineral exploration and development company advancing the Wudinna Rare Earth Project and the Manna Hill Copper Project, is pleased to report results from two of four completed Diamond Drilling (“DD”) holes from Blue Rose, a copper-gold-molybdenum discovery within the Manna Hill Copper Project. Mineralisation has now been defined to depths beyond 300m and the style of mineralisation and associated geological features support a greater porphyry system. In addition, the next phase of exploration has commenced with slimline RC drilling across multiple targets.
Comment: COBR has been a steady a steady pair of hands even before the boom in rare earths, and continues to finesse this feeling with announcements such as today’s. Proving up yet more resource will hopefully ensure that recent support in the 4p zone is held.
European Green Transition plc (EGT), a company operating in the critical and renewable infrastructure sector, has secured a five-year operations and maintenance (O&M) contract renewal across a portfolio of 94 wind turbines in Great Britain and Northern Ireland with the Drax Group plc (LON:DRX, “Drax”). The portfolio of 94 wind turbines was acquired by Drax as part of its acquisition of Bluefield Solar Income Fund in July 2026. Drax is a renewable and flexible generation energy company engaged in generating dispatchable power, producing sustainable biomass and selling renewable electricity to businesses.
Comment: Another Cathal Friel success story, and arguably one that could equal or even surpass his previous greatest hits. The fact that the only £35m company is already rubbing shoulders with leading industry players such as Drax is telling.
Raspberry Pi (RPI), a leader in high-performance, low-cost computing, is pleased to announce its unaudited results for the half year ended 30 June 2026. The Company delivered record first-half performance, driven by strong OEM and reseller demand, increased unit shipments, favourable product mix and disciplined execution during a period of significant supply-chain disruption.
Comment: Although it can be said that RPI has been one of the more successful recent arrivals to the London stock market, the end has been taken off due to the chip shortage caused by the AI gold rush. That said, how difficult is it to ramp up chip production? Much easier apparently just to raise prices on the hardware. Ideally, after the retreat from £10 earlier this year, the shares continue their recovery from the £5 zone.
Disclaimer & Declaration of Interest:
The information, investment views, and recommendations in this Zaks Traders Cafe interview are provided for general information purposes only. Nothing in this interview should be construed as a promotion or solicitation to buy or sell any financial product relating to any companies under discussion or referred to or to engage in or refrain from doing so or engage in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.
