- Companies listed on the AIM are generally small-cap and highly speculative.
- AIM segment of the LSE is often regarded as the high growth segment.
As most of the economies are expediting mass inoculation programmes with respect to Covid-19, the global stock markets are picking up steam. Amid lower interest rates regime and bond yields, the investors are returning to the stock markets.
AIM segment is often regarded as the high growth segment of the LSE. New smaller listings seeking access to capital from the public market with greater regulatory flexibilities generally target AIM, a sub-market of the LSE in contrast to the main market.
Due to AIM’s relaxed regulations and listing requirements, investing in AIM-listed businesses could be risky. Companies listed on the AIM are generally small-cap and highly speculative. These businesses could be extremely volatile. Therefore, it is advisable to seek help from professional before venturing into AIM listed securities.
Copyright © 2021 Kalkine Media Pty Ltd.
Also read: 5 Stocks to Look for In the AIM Space
In this article, we would put our lens through top 5 AIM stocks which have recently been in news and seen high on volumes.
B90 Holdings PLC (LON:B90)
On Wednesday (17 March), year-long share suspension of the online marketing and operating company for the gaming industry, B90 Holdings was lifted as it posted its 2019 and H1 2020 results. The AIM-listed company witnessed a surge of over 145 per cent in its share price in the wake of results announcement and returning from suspension. The cancellation of sporting events due to pandemic seems to have weighed down heavily on the revenue streams of the company. According to the company’s executive chairman, Paul Duffen, B90 Holdings aims to invest in its core operations and grow the business in line with the strategy and therefore, it has acquired 49% of the issued share capital of Bet90 Sports Ltd, its trading subsidiary. B90 shares closed at GBX 33.00 on 18 March 2021.
Tern PLC (LON:TERNT)
Shares of UK-based software & technology firm Tern rallied recently. The software company is expected to benefit from Covid-19 vaccine manufacturing boom. There are lead-times in getting vaccine through the doors and time sensitivity is a significant factor in case of the pandemic. Reducing these lead-times with the help of IoT, AI and machine learning tools shall lead to more rapid production of dosages. Tern shares closed at GBX 10.40 on 18 March 2021.
Biome Technologies Plc (LON:BIOM)
Shares of UK-based chemical company Biome Technologies have been rallying. The reason behind its recent astonishing rally is the latest recognition of the company under the United Nations ‘Race to Zero campaign’, according to which the company shall become carbon neutral by 2050. The recent recognition was awarded to the company in lieu of signing the SME Climate Commitment.
The company is currently aiming to develop the commercial production of its biodegradable tree shelter project under its Bioplastics division and has managed to raise £0.248 million. The company aims to challenge the dominance of oil-based polymers by producing bio-based and biodegradable plastics. Biome shares closed at GBX 275 on 18 March 2021.
Empyrean Energy (LON:EMEL)
UK-based oil & gas firm Empyrean Energy has been on surge this week. Though the exact reason behind the astonishing rally cannot be ascertained, but the tax advisors of the company have submitted its federal tax return with the US Internal Revenue Service for FY2020 and expect a tax refund of US$357,702 in the US. Empyrean shares closed at GBX 5.30 on 18 March 2021.
Kodal Minerals (LON:KOD)
UK-based Lithium miner Kodal Minerals rallied in the past couple of days. Under the unsecured convertible loan arrangement with Riverfort Global Opportunities PCC Ltd and YA II PN Ltd, the Lithium miner shall convert loan worth US$200,000 into equity by issuing 168.5 million shares at a price of 0.08556 pence per share. The company aims to put all its synergies into its flagship Bougouni lithium project located in Mali. Kodal shares closed at GBX 0.17 on 18 March 2021.
Companies listed on the AIM are generally small-cap and highly speculative.