AXEON, which makes battery packs for electric vehicles and mobility scooters, bounced back from recent falls as it revealed first-half revenue would be £5 million more than all of 2007. Despite warning that first-half losses would be greater than the
same period last year, Aim-listed Axeon added 3.5p to 51.5p, as analysts at Arbuthnot claimed shares are worth 125p.
Wolfson Microelectronics, the semiconductor maker which supplies components for consumer electronics products, climbed off Tuesday's all time low, adding 4.25p to 102.5p.
Iomart added 8.8 per cent to 49.5p after selling its small business directory unit to BT for £20m. It will now focus almost solely on data hosting services.
Powerleague's chairman and chief executive each spent £50,000 buying shares in the company yesterday, but the Aim-listed five-a-side football pitch operator was unchanged at 50p. Rival Goals Soccer Centres fell a quarter of a penny to 221.5p.
Offshore Hydrocarbon Mapping hit a fresh record low of 47.5p, down 7.8 per cent, on fears of slow take-up of services.
In the FTSE-100, Alliance Trust announced the departure of its chief executive, Alan Harden, who is set to take up a new role with ING. Shares added 2.5 per cent to 313.25p.
The full article contains 233 words and appears in The Scotsman newspaper.
