--- title: "Share Talk Weekly Small Cap Movers & Shakers, Saturday 10th October 2026" publisher: "Share Talk" author: "sharetalk" published: "2026-10-10T11:43:13+00:00" modified: "2026-10-10T16:35:11+00:00" date: 2026-10-10 canonical: "https://www.share-talk.com/share-talk-weekly-small-cap-movers-shakers-saturday-10th-october-2026/" category: "Blogs" categories: ["Blogs", "Small Cap Review"] tags: ["Brent Crude", "Fox Xplore", "Likewise Group", "Mercantile Ports and Logistics", "Power Probe"] image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2026/07/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM-750x406-1.jpeg?fit=750%2C406&quality=89&ssl=1" format: "news" language: "en-GB" --- # Share Talk Weekly Small Cap Movers & Shakers, Saturday 10th October 2026 **Published:** October 10, 2026 **Author:** sharetalk **Categories:** Blogs, Small Cap Review **Tags:** Brent Crude, Fox Xplore, Likewise Group, Mercantile Ports and Logistics, Power Probe **Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2026/07/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM-750x406-1.jpeg?fit=750%2C406&quality=89&ssl=1) --- **The FTSE 100 closed 1.06% higher at 10,552.05 on Friday**, while the **FTSE 250** gained 1.13% to 24,213.78. The rebound followed a volatile week dominated by oil prices, inflation concerns and rising government borrowing costs. The **AIM All-Share fell 0.8% over the week**, underperforming the FTSE 100 as higher bond yields and renewed inflation concerns weighed on smaller companies. The market continues to face questions over companies moving to the Main Market. According to PwC, **seven companies have transferred from AIM to the Main Market so far in 2026**, compared with four at the same stage last year. **Volex** completed its move in July, while **Serica Energy** is expected to follow before the end of October. **Mercantile Ports and Logistics** **(LON: MPL)** was one of the week’s strongest performers, with its **shares climbing 121.47% **as a long-running legal dispute over the **Karanja Port near Mumbai** moved towards judgment. The company is challenging the outcome of a debt-resolution process and argues that lenders and Prudent ARC prevented it from completing a settlement that could have allowed it to retain the port. **Fox Xplore (LON: FOX) surged 57.9% to 0.03p** after completing the acquisition of five gold exploration properties in Canada for **£296,000**. Further consideration is payable if three future milestones are achieved. Nereus Gold and Jubilee Alpha each hold **4.21% stakes** following the transaction. **Power Probe** **(LON: PWR)** rose around **34%** after announcing a **$1 million share buyback**, having identified excess cash following a review of its finances. Buybacks remain relatively unusual among smaller AIM companies, helping the announcement stand out. **Likewise Group** **(LON: LIKE)** gained **24%** after agreeing to acquire assets from collapsed rival Headlam for **£14.9 million in cash**. The deal includes a distribution centre in Thatcham, the Crucial Trading and Concept Floors businesses and selected intellectual property. Likewise said the acquisition would make it the **largest floor-coverings distributor in the UK**. ### **This weeks fallers** At the other end of the market, **eEnergy (LON: EAAS) fell 77%** after raising **£8.3 million at 0.3p per share** through a placing, subscription and retail offer. Around **£4 million of the proceeds will be used to repay overdue trade creditors**, with the remainder supporting working capital. The scale of the dilution and the company’s immediate liquidity requirements appeared to outweigh management’s argument that the transaction provides a stronger balance sheet. **Ethernity Networks (LON: ENET) dropped 43%** following a going-concern warning. The networking technology company reported cash of just **$32,399 at 30 June** and said material uncertainty remained over its ability to continue operating. **Celebrus Technologies (LON: D4T4) fell 43%** after cutting its full-year revenue expectations to **$20 million-$20.5 million**, down from prior market expectations of around $23.7 million. The company blamed the loss of a customer and slower-than-expected conversion of new business. **Litigation Capital Management (LON: LIT) lost a further 33%** after an Australian court ruled against it in an insolvency claim in which it had invested **A$2.9 million of its own capital**. The shares are now around **96% below their previous peak**, reflecting a prolonged loss of investor confidence. **Arkadian Strategic Metals (LON: AKN) dropped 15% to 0.0085p** as the company sought shareholder approval for a substantial share consolidation. The proposal would consolidate **1,500 existing shares into one new share**, potentially taking effect on 27 October. Arkadian has also applied to trade on the **US OTCQB Venture Market**, which it hopes will improve liquidity and access to North American investors. Finally, **Nativo Resources (LON: NTVO) slipped 5.6% to 0.34p** after issuing **142.9 million subscription shares** to Chancery Royalty and related investors, raising £300,000 alongside the issue of warrants. --- **Original URL:** https://www.share-talk.com/share-talk-weekly-small-cap-movers-shakers-saturday-10th-october-2026/ *Created by [WP Markdown Endpoint](https://wpmarkdownendpoint.com/)*