The following stocks are the leading risers and fallers on AIM in London on Thursday.
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AIM - WINNERS
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Empyrean Energy PLC, up 20% at 3.17p, 12-month range 1.55p-13.00p. Recovers after 77% plunge on Wednesday. The stock had tumbled after it announced the Jade prospect at its 100% owned Block 29/11 permit, offshore China, reached final total depth but logging indicated no oil pay in the target reservoir.
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Robinson PLC, up 14% at 88.00p, 12-month range 71.00p-160.00p. The plastic and paperboard packaging manufacturer sells an operational property in Sutton-in-Ashfield Property to a joint venture between Rotherhill Developments Ltd and Euro Property Investments Ltd for £2.5 million in cash. ‘Subject to the necessary planning approvals, we would expect further sales of surplus property in Chesterfield to be achieved in the next 18 months,’ Robinson adds.
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HSS Hire Group PLC, up 4.7% at 16.85p, 12-month range 13.38p-23.00p. The equipment rental firm’s revenue in the financial year ended January 1 climbs 21% to £303.3 million from £250.1 million. HSS swings to a pretax profit of £6.1 million from a £29.6 million loss.
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AIM - LOSERS
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Serica Energy PLC, down 7.3% at 364.30p, 12-month range 112.00p-423.50p. A subsidiary of London-based oil firm BP PLC sells a 5.0% stake in UK-focused oil and gas company Serica. BP Exploration Operating Co Ltd, sells 13.5 million shares in Serica at a price of 365 pence each, raising £49.3 million. Serica will not receive any proceeds from BP Exploration’s sale. The closing of the placing is expected on May 3.
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