The following stocks are the leading risers and fallers on AIM in London on Friday.
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AIM - WINNERS
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Ethernity Networks Ltd, up 36% at 0.99 pence, 12-month range 0.20p-4.70p. The supplier of data processing semiconductor technology for networking appliances wins a licence agreement with an aerospace system products provider in the US, worth $1.1 million. According to the terms of the agreement, Ethernity will deliver its silicon-tuned software, supporting specific networking capabilities on a field-programmable gate array device, for the unnamed customer’s platform.
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Aukett Swanke Group PLC, up 10% at 1.60 pence, 12-month range 0.71p-0.71p. The architectural and interior design services provider expects a better second half after a booking a widened loss in the first half ended March 31. Revenue climbs to £9.5 million from £4.6 million. However, its pretax loss widens to £1.5 million from £545,000. Personnel related costs grow to £5.9 million from £3.8 million. It registers £2.5 million in cost of sales, compared to none a year prior. ‘While the first half results are disappointing, reflecting moderately slower trading in all areas, we expect a better performance in the second half, although expect to report a full year loss,’ Chief Executive Nick Clark says.
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AIM - LOSERS
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Nightcap PLC, down 51% at 1.70p, 12-month range 1.00p-12.00p. The bars operator proposes an AIM exit, believing its ‘current public market valuation does not reflect the underlying potential of our business’.
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