Small companies roundup: Polish Domino's gets private equity boost
DP POLAND, which owns the rights to operate Domino’s Pizza in that market, served up a 4p rise to 611⁄2p amid speculation that a private equity group was looking to take a sizeable bite of the company at a premium price.
Obtala Resources was steady at 43p amid talk that it was about to be chosen from a recently announced shortlist for a gold project in Tanzania.
Contract wins worth more than £640,000 boosted healthcare software provider Avia Health Informatics 31⁄2p to 371⁄2p, while ZincOx Resources climbed 23⁄4p to 461⁄2p after lining up loans of $50million (£32million) to develop a South Korean recycling plant.
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Russia-focused Amur Minerals Corporation struck it 4.38p richer to 91⁄2p after a positive update on its application for a mining licence on its Kun-Manie nickel-copper exploration prospect, while Red Rock Resources firmed 11⁄4p to 16p after identifying significant copper drilling targets in Kenya.
Copper Development Corporation closed at 381⁄4p on its Aim debut, having raised £40million at 35p to develop its Hinoba’an project in the Philippines.