Latest On Small Caps: Versarien, Gfinity, Drumz

London's AIM Index had a small increase on Monday but did not end as high as it started. It ended up with only a one-point gain at 790.59.

The stock for Versarien went up 43% in one day and reached prices it hadn't seen since March. There was no new information that caused this increase and even though people were interested, the number of trades was not as high as it has been before.

Gfinity is up 20% and is in second place. The company is into esports and trading surged. However, there is no new news yet.

Drumz [LON:DRUM] went up 16%. The spouse of a NED moved shares into a SSAS, which shows long term commitment. But with a spread of over 7% and limited trade flow, there's not much to analyze.

Itsarm's shares fell by 36% today. The company's attempt to cancel its share listing failed. Investors pushed back against this decision. Now, Itsarm is looking to take the business into compulsory liquidation with High Court support.

Deepverge (LON:DVRG) had a bad day, down 19%. They shared an update today. They will cut costs and may not file their accounts on time. They're struggling to find an auditor. Management is looking at raising funds or selling a business line. There's good news too, a new £2.3m contract in Ireland, but it's spread over four years.

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