London, July 3, 2026, 18:07 (BST)
- Oberon stayed flat at 2.05p at the mid on Aquis. Bid was 2.00p and ask at 2.10p.
- Friday saw just one reported trade: 487,142 shares changed hands at 2.02p for a total of £9,840.27.
- Oberon’s market cap at £16.40 million is under 1.4x what it expects in revenue for the year ending March 2026.
- Oberon’s Aquis announcements page didn’t show any RNS from July 2 or July 3. The most recent post was from June 3.
Oberon Investments Group plc AQSE:OBE held at a 2.05p mid-price on the Aquis Growth Market’s Apex segment Friday, flat for the session and 7.9% above its 1.90p year low. Trading was limited to one deal at 15:41, with 487,142 shares moving at 2.02p and turnover at £9,840.27.
No new headlines out this week. The latest Oberon RNS on Aquis’s site is a June 3 director/PDMR shareholding update, so Friday pricing just leans against April guidance, past funding prints and scant trading.
Oberon said in April it was looking for revenue for the year ended March 31, 2026, to climb over 25% on a like-for-like basis, pushing above £11.7 million. Assets under administration are seen topping £1.4 billion. The board is aiming for revenue over £14 million in the following year and wants to hit monthly breakeven before that year is out.
| Measure | Latest figure | Market read |
|---|---|---|
| Mid-price | 2.05p | Down 52.3% from the 4.30p high this year |
| Year low | 1.90p | Now trading 7.9% above the low |
| Market value | £16.40 mln | Less than 1.4 times predicted FY26 revenue |
| AUA | >£1.4 bln | Market value works out to around 1.2% of AUA |
| Friday trade value | £9,840.27 | Roughly 0.06% of market value traded Friday |
That’s an issue since liquidity can drown out the basics. On Friday, volume was 0.061% of Aquis’s 799.9 million shares in free float. The bid-offer was 0.10p, about 4.9% of the mid.
Oberon’s April update included a regulatory point. The company said it’s agreed to a voluntary measure with the FCA for its Wealth Management arm after recent growth and discussions with the regulator. While old clients can carry on as usual, new wealth-management clients and new investment managers need FCA signoff until Oberon finishes its systems and controls review. Other units are still running normally, the company said.
CEO Simon McGivern told investors back in December the key was Oberon’s shift to a new operating platform, with spending on automation, finance systems and reporting. Revenue for the first half climbed 13.6% to £5.4 million. The group’s EBITDA loss before exceptionals moved further out to £1.1 million.
The current price sits far under the issue prices set for the company’s latest fundraisings.
| Date | Equity event | Issue price | Gap to 2.05p mid |
|---|---|---|---|
| February 2025 | £2.5 mln placing | 4.5p | 54.4% below |
| September 2025 | £1.58 mln fundraising | 4.0p | 48.8% below |
| December 2025 | £0.625 mln fundraising | 3.7p | 44.6% below |
The gap is important for a company backing its hiring and growth with equity. When the company raised funds in September, McGivern called the deal “support for our strategy” and pointed to interest from both new and old investors. Aquis
Latest audited numbers are out. McGivern called FY25 “a year of record growth.” Revenue climbed to £9.36 million, while EBITDA loss before exceptionals narrowed to £2.1 million from £2.9 million. The report also showed £3.4 million in net current assets and £6.0 million total net assets. Aquis
