Tap Global Group (TAP), an innovative digital finance hub that brings money payments and crypto settlement services together in a single user-friendly app, announced the launch of its enhanced corporate customer programme.
The programme is built upon the Company’s recent landmark digital banking partnership with Moorwand and Tap is particularly pleased to note that the service will launch with an initial 25 business customers already secured with annual recurring revenues from account fees in excess of £75,000.
Comment: A very encouraging RNS until you see the modest 75k number. Do not spend it all at once. Tap still needs to explain how in a record period for all things crypto, its share price is still down 25% YTD, and even though it has moved from Aquis to AIM. It was arguably better off on the former.
Tern (TERN), the company focused on value creation from Internet of Things (“IoT”) technology businesses, announced the results of its Open Offer to Qualifying Shareholders. As a result, and subject to Admission becoming effective, 30,227,239 Open Offer Shares will be issued in connection with the Open Offer, raising approximately £151,136 (before expenses) for the Company at the Issue Price of 0.50 pence per Open Offer Share.
Comment: TERN has managed to sail through one of the greatest booms in technology of all time with its shares down 66% on the year, and the open offer about as popular as a date with Greg Wallace. It would be interesting to know how much is left of the £150k after the “expenses.” Oh, and by the way, IoT is really 2010.
CVS (CVSG) said it noted this morning’s publication by the Competition and Markets Authority (“CMA”) of the summary of its provisional decision in the veterinary market investigation. The CMA is expected to publish its full provisional decision later today. CVS welcomes the additional certainty that this morning’s announcement brings. We will be responding to the provisional decision and proposed remedies package in writing in due course and have a further hearing with the CMA in December 2025. We look forward to the publication of the final decision in March 2026 and conclusion of this market investigation promptly thereafter.
Comment: Quangos are one of the worst forms of regulation / government control, apart from when you get a job on them and have no performance criteria for a cushy job. As far as the financial markets are concerned the last thing a free market needs is someone telling it what to do. Remember Thatcher. Actually, maybe not these days.
B HODL (AQUIS: HODL), the first British company founded for Bitcoin accumulation and revenue generation from the Bitcoin in its treasury, has been notified that on 14 October 2025 three Directors purchased ordinary shares of 1p each (“Ordinary Shares”) in the Company.
Comment: While we await the big reveal as far as how much HODL can deliver revenue on its BTC holdings we see a solid round of small share scale buying by directors at the lower levels. I see what you did there.
Gold and Silver’s Record Run: What It Means for Investors in 2025
Red Rock Resources (RRR), the natural resource exploration and development company, announced the execution of a binding conditional agreement to sell 100% of the issued shares of LacGold Resources SARLU, a wholly owned subsidiary in the Ivory Coast which holds Red Rock’s gold exploration licences and applications in that country. The buyer of the Assets is Dalaroo Metals Ltd, an Australian exploration company listed on the Australian Securities Exchange (ASX.DAL). Red Rock to receive at Settlement 13,250,000 DAL shares with a current value of AUD 715,500 (£350,000) or AUD 0.054 per share.
Comment: It would appear that the boom in small cap resources companies is so great that even RRR is having its day in the sun. Who knows, long suffering and patient shareholders here might even get a positive result?
Audioboom (BOOM), the leading global podcast company, provided a trading update for the quarter ended 30 September 2025. BOOM reported “Record Q3 performance in several key financial metrics, including Q3 adjusted EBITDA(1) profit of US$1.2 million, up 18% on Q3 2024 (US$1.0 million). Q3 revenue of US$20.4 million, up 9% on Q3 2024 (US$18.8 million). Q3 gross profit of US$4.3 million, up 12% on Q3 2024 (US$3.8 million).”
Comment: Although we would all like to see a £20 a share takeover bid for BOOM, the whole M&A thing of recent weeks is starting to look like a great spoof, or at least over exuberance. At the same time we still have a market cap of £100m with profit numbers in the low single figure millions of dollars. This is probably not a rating that Warren Buffett would be comfortable with, even though it may be heading in the right direction. Fairly valued at best, fully valued without a sale / bid.
Fulcrum Metals (FMET), a company pioneering the use of innovative cyanide free technology to recover precious and critical metals from mine waste, is pleased to provide an interim update on the progress of the augur drill program underway at the Company’s highly prospective Teck Hughes tailings project in Kirkland Lake, Ontario. FMET said “”The initial gold assay results underpin our confidence for the Teck Hughes tailings project given the high grades and depth of holes we have drilled to date. The drill holes are reporting gold from surface from already mined tailings material ready for processing. The results also suggest higher grade areas which can be incorporated into the site management plan as we move towards production.”
Comment: There has been an inflection point at FMET, operationally, as underlined today. but also as far as the share price, and sentiment towards the company. The rebound in small cap resources stocks puts this company firmly in the frame.
Light Science Technologies Holdings plc (LST), the innovative technology and manufacturing business providing real-world solutions targeting issues including global food security and fire safety, provides an update highlighting the increasing global opportunity for its AgTech division. LST said “We see distribution agreements as key to our low-risk, low cost growth strategy as we target a growing, global audience, with increasingly strong demand for global food security and sustainable growing solutions underpinning our confidence in converting the AgTech pipeline, which currently stands at approximately £45 million.”
Comment: Shares of LST are edging towards year highs, something that underlines the way that the company is gradually gaining traction with acceptance of its multi-pronged business. The AgTech’s £45m pipeline is certainly nothing to be sniffed at.
ActiveOps (AOM), a leading provider of Decision Intelligence software for service operations, today provided an update on trading for the six months ended 30 September 2025. The Board said it was pleased to report that the Company has delivered double digit revenue growth, continued customer expansion momentum, and profit growth in H1 2026 and anticipates full year revenues will now be comfortably ahead of consensus expectations.
Comment: Probably the only Achilles Heel here at AOM in terms of the latest update is that so few in the market are aware of the company, and the good work being done. Hence the inclusion in today’s RNS Hotlist.
ProCook Group (PROC), the UK’s leading direct-to-consumer specialist kitchenware brand, today reported on Q2 trading results for the 16 weeks ended 12 October 2025. Strong trading results driven by improved commercial discipline and substantial strategic progress made in key areas including new store openings, retail service excellence, and paid social marketing activities: Retail revenue increased by +25.0%, reflecting like for like growth of +5.9% – marking the ninth consecutive quarter of like for like improvement – with new store openings contributing a further +19.1% points.
Comment: Given the cost of living crisis / people being taxed to death, that PROC can deliver the goods in such an environment on what is a very discretionary spend, is very impressive. The shares should not start building on last year’s 44% share price rise from a flat position currently.
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.
