The following stocks are the leading risers and fallers on AIM in London on Monday.
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AIM - WINNERS
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Mosman Oil & Gas Ltd, up 9.4% at 0.071 pence, 12-month range 0.050p-0.17p. Production in the first quarter ended September 30 has edged only marginally lower, despite a shut-in at a well. Gross production edged down to 24,287 barrels of oil equivalent from 24,496 boe a year earlier. Output net to Mosman declines to 6,958 boe from 8,815 boe. Production was hit by a shut-in at the Falcon well. It reported no gross output there, compared 3,828 boe a year earlier. ‘Mosman is pleased to report a solid quarter of production, particularly factoring in the current halt in production at Falcon,’ Chair John Barr says. Mosman also said it has completed the drilling of the Cinnabar development well in Tyler County, Texas, finding oil, and will move the well into production at an anticipated 120 boe per day on a gross basis.
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CentralNic Group PLC, up 6.7% at 128.00 pence, 12-month range 106.50p-153.78p. The London-based online services provider expects to report revenue of $525 million in the nine months to September 30, jumping 86% year-on-year. It now expects its annual outturn to exceed analysts consensus of $626.6 million.
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AIM - LOSERS
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MJ Hudson, down 29% at 16.65p, 12-month range 0.22p-21.00p. The asset management consultancy no longer expects to meet prior guidance, following feedback from its auditor. The caution comes due to a ‘potential adjustment around revenue recognition on a major contract. In July, the company said it expected adjusted earnings before interest, tax, depreciation and amortisation to be slightly more than £8.3 million for the financial year ended June 30. This was reiterated in August.
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