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Microgen (LON:MCGN) is also hiving off part of the company into a separate entity to be listed on AIM. The company has excellent management in place, and generally works for the benefit of shareholders.

An interesting comment from the joint CEO of Hansteen Holdings (LON:HSTN) this morning, as part of the company's results: " the near term our emphasis will be to manage our portfolio for income and value growth, rather than sales. We will continue to seek acquisitions that fit our approach and sell opportunistically but do not envisage that we will be significant net sellers until we…

Interesting developments at Allergy Therapeutics (LON:AGY) . It is down 45% at the mo, having been "surprised" by the failure of trials on its new treatment. BUT the company has cash of £31.6m, had an oversubscribed placing at 26.5p last summer, and has a portfolio of successful allergy treatments already in use. There is also a peanut allergy treatment in the pipeline. Is this a…

Is Volution (LON:FAN) of interest to anyone? Today's interims give revenue up 16% but profit only rising 1.4%, EPS down 2% and net debt almost doubling to a fifth of the market cap due to acquisitions. Is this a growth story or is it a stagnating business grabbing at straws?

Brokers at Barclays (LON:BARC) dropped the GVC Holdings (LON:GVC) target price by 20%.

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