Braveheart Investment Group (BRH)

Sector:

Financials

Index:

FTSE AIM All-Share

33.00p
   
  • Change Today:
      1.00p
  • 52 Week High: 128.50
  • 52 Week Low: 16.60
  • Currency: UK Pounds
  • Shares Issued: 52.24m
  • Volume: 1,682,931
  • Market Cap: £17.24m
  • Beta: 0.00

Braveheart upbeat on progress with Paraytec

By Josh White

Date: Friday 16 Oct 2020

LONDON (ShareCast) - (Sharecast News) - Braveheart Investment Group updated the market on progress with the proof-of-concept for a Covid-19 test that Paraytec was conducting with the University of Sheffield.

The AIM-traded firm had announced on 5 October that proof-of-concept was achieved for the Optical Detection System.

Since then, the focus of the proof-of-concept trials had been on the Capture & Signal Generation Modules.

Braveheart confirmed on Friday that proof-of-concept had now been achieved for the Capture & Signal Generation Modules, meaning the proof-of-concept trials had been successfully completed.

The directors of Braveheart said they believed that the test would be the first to combine a rapid result with very high detection sensitivity.

Work would now turn toward the acquisition of clinically-relevant data, to facilitate optimisation of the functional capabilities of the test, together with a programme of product refinement and development.

Meanwhile, regulatory approval for live virus trials and the acquisition of clinical data was being sought.

"This is a phenomenal achievement for all concerned," said Braveheart chief executive officer Trevor Brown.

"The inspirational leadership and innovative brilliance of professor Carl Smythe and his talented team have resulted in proof of concept in a little over four months."

At 1347 BST, shares in Braveheart Investment Group were up 28.86% at 45.67p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

BRH Market Data

Currency UK Pounds
Share Price 33.00p
Change Today 1.00p
% Change 3.13 %
52 Week High 128.50
52 Week Low 16.60
Volume 1,682,931
Shares Issued 52.24m
Market Cap £17.24m
Beta 0.00

BRH Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
28.47% above the market average28.47% above the market average28.47% above the market average28.47% above the market average28.47% above the market average
21.21% above the sector average21.21% above the sector average21.21% above the sector average21.21% above the sector average21.21% above the sector average
Price Trend
34.32% below the market average34.32% below the market average34.32% below the market average34.32% below the market average34.32% below the market average
31.43% below the sector average31.43% below the sector average31.43% below the sector average31.43% below the sector average31.43% below the sector average
Income Not Available
Growth
24.20% above the market average24.20% above the market average24.20% above the market average24.20% above the market average24.20% above the market average
13.33% above the sector average13.33% above the sector average13.33% above the sector average13.33% above the sector average13.33% above the sector average

BRH Dividends

  Latest Previous
  Special Final
Ex-Div 10-Dec-20 19-Sep-19
Paid 06-Jan-21 11-Oct-19
Amount 42.75p 0.50p

Trades for 15-Oct-2021

Time Volume / Share Price
16:29 25,000 @ 33.70p
16:28 25,000 @ 33.70p
16:28 9,189 @ 32.75p
16:26 25,000 @ 33.56p
16:21 40,000 @ 32.45p

BRH Key Personnel

CEO Trevor Brown

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