The following stocks are the leading risers and fallers on AIM in London on Wednesday.
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AIM - WINNERS
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Deltic Energy PLC, up 42% at 2.80 pence, 12-month range 1.91p-4.36p. Gas has been found at the 41/05a-2 exploration well on Licence P2252, located in the southern North Sea. Shell PLC is operator of the asset, owning a 65% share. Deltic owns 30% and the rest is owned by Dutch exploration firm ONE-Dyas.
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Cornerstone FS PLC, up 14% at 7.00 pence, 12-month range 5.30p-42.10p. The cloud payment services provider expects revenue for 2022 of £4.8 million, more than doubled from 2021 and 12% ahead of market expectations.
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AIM - LOSERS
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Steppe Cement Ltd, down 11% at 43.17p, 12-month range 24.12p-51.80p. The Kazakhstan-focused construction materials says it grappled with logistics issues in Kazakh railway network towards the end of last year. ‘The board is working to try to minimise their impact in 2023,’ Steppe says.
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