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Small caps round-up Westminster Group, Angle, Asterand – MoneyWeek

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DefencetechnologyfirmWestminsterGroupsaiditsinvestmentinaWestAfricanairportwaslookingpromisingandthataninitialaggregate$150mrevenueforecastcouldbeachievedbythecontractseightyearbreakpointratherthanthefullcontracttermof15years。

Shouldthatbethecase,therevenuepotentialforthefullcontracttermwouldbesubstantial,thefirmsaid。

ItaddedthatithadissuedalmostthreemillionnewsharestoastrategicinvestorwhohassignificantinterestsinWestAfrica,raising£500,000intheprocess。

Westminsterssharesrose14%aftertheannouncement。

SharesintechnologyinvestmentfirmAnglejumpedagainonMondayafteritannouncedanotherbreakthroughwithitsParsortixcancercellseparationdevice。

Thefirmsaidithadsuccessfullycapturedcirculatingtumourcellsinprostatecancerandbreastcancerpatientblood,whichwouldaidinthediagnosisandmonitoringofcancersufferers。

Ithasalsosolvedissuesofsamplevolumeandprocessingtime,bringingthedevicemuchclosertomarketlaunch。

Thecompanyssharesrose12。


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