The FTSE AIM All-Share opened at 769.81 points on Monday but immediately lost ground as concerns about European sovereign debt continued to dominate investor sentiment. Probability (LON:PBTY) , the mobile gambling operator, was the top riser on AIM on Monday after the company confirmed that it was in talks over a possible takeover by William Hill (LON:WMH). Shares in the company had risen by nearly 50% to 73p by mid-morning.
Elsewhere, Image Scan (LON:IGE), a company that makes x-ray imaging systems for security markets, saw its stock gain 21% to 2.125p on news of a £1.46 million contract win. CEO Louise George said the latest deal, together with a recent steady flow of smaller contracts, reflected ongoing investment in sales over recent years. Other risers included Platmin (LON:PPN), the platinum group metals producer, which was up 12% to 31p, and oil and gas group Global Petroleum (LON:GBP), which was up 19% to 16.5p after announcing that it had begun seismic survey work over its prospective acreage offshore Namibia. Ultrasis (LON:ULT), the company behind a treatment programme to combat mild depression, was up 8% to 0.74p in response to a new joint venture with health insurers in the Netherlands.
Nostra Terra (LON:NTOG) saw its shares fall the furthest during the morning as investors responded negatively to test production figures from the company’s Agnello #1 horizontal well on the Vintage Hills prospect in Texas, US. Nostra Terra said it was now on the look-out for additional acreage in order to boost revenues. Shares in the company fell by 20% to 0.54p. Meanwhile, Nighthawk Energy (LON:HAWK), another oil and gas group involved in US projects, endured a 15% share decline to 4p. The company’s full-year results confirmed falling revenues and losses totalling $28.4 million following a substantial reorganisation of its assets. Other losers today included fashion brand Hot Tuna (LON:HTT), down 10% to 0.08p, and PR group Adventis (LON:ATG), which saw its shares fall 10% to 2.25p in response to a decision to…
William Hill is looking at Probability to counter the acquisition of Mobenga by Playtech (LSE: PTEC).
http://sites.google.com/site/mobilebettingnews/
Mobile Gaming IndexTM
The Mobile Gaming IndexTM for 16 September 2011 was £10.64.
Symbol Price (GBP default)
IGT USD$15.33
AYA.V CAD$2.26
PTEC.L 287.67
BET.L 761
888.L 34.25
CRP.L 85
PBTY.L 48.33
JH1.F EUR4.368
PAP.L 37.99
BPTY.L 125.95
SPO.L 42
SBT.L 52.15
WMH.L 228.1
BETM.OB USD$0.695
RNK.L 131
0082.HK HKD$0.86
LAD.L 126.8
ZYNG NA
The Mobile Gaming IndexTM is a currency-adjusted, average stock price of public companies in the mobile gaming sector.
The price is weighted by shares outstanding, and by an estimated mobile revenue ratio.
As most public gaming firms do not report mobile gaming revenue, the mobile
gaming ratio is estimated for most stocks in the index.
Source: Mobile Betting News
