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DiscoverIE Group PLC upbeat on trading outlook


Petra Diamonds in demand as gem prices recover
A look at the major movers on the London market on Tuesday
3.08pm: Diamond company sparkles
Petra Diamonds Limited (LON:PDL) has a bit of sparkle after its latest update.
Its shares have added 3.33% or 0.05p to 1.55p after it reported a 16% rise in third quarter revenues to US$106mln, with prices back to to pre-COVID-19 levels.
After the period end it sold what it calls an exceptional 11.82 carat blue stone for US$9.5mln and an exceptional 39.34 carat blue stone was recovered, to be sold via special tender.
A successful capital restructuring saw net debt fall from US$700mln to US$290mln. ....

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DX Group PLC drives ahead after adding 300 new vehicles to its delivery fleet


DX Group drives ahead after adding 300 new vehicles to its delivery fleet
A look at the major movers on the London market on Tuesday
DX Group PLC (LON:DX.) has moved higher after delivering expansion news.
The parcels and courier group is up 4.13% or 1.25p to 31.55p after announcing the addition of 300 new vehicles to take its fleet to more than 900 strong.
Chief executive Lloyd Dunn said: [This is] a significant expansion of our fleet, and part of our wider investment programme in the business. The new vehicles support our ambitious growth plans, increasing our capacity and operational efficiency in support of our ambitious growth plans. ....

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Investegate |Avacta Group PLC Announcements | Avacta Group PLC: Issue of Equity


 
Avacta Group is developing novel cancer immunotherapies and powerful diagnostics based on its two proprietary platforms - Affimer® biologics and pre|CISION™ tumour targeted chemotherapies.
 
The Affimer platform is an alternative to antibodies derived from a small human protein. Despite their shortcomings, antibodies currently dominate markets, such as diagnostics and therapeutics, worth in excess of $100bn. Affimer technology has been designed to address many of these negative performance issues, principally: the time taken to generate new antibodies and the reliance on an animal s immune response; poor specificity in many cases; their large size, complexity and high cost of manufacture.
 
Avacta s pre|CISION targeted chemotherapy platform releases active chemotherapy in the tumour, which limits the systemic exposure that causes damage to healthy tissues, and thereby improves the overall safety and therapeutic pote ....

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