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need 100% + more to break even on my punt in this one long way to go yet... when is this grand order coming in? or was it pipe dreams early in the year?
There is a blog post on our website by Roger Lawson regarding the recent departure of founder and CEO of Blur Group (BLUR) Philip Letts. It is available here: hTTps://www.sharesoc.org/blog/company-news/departures-aa-blur/
5P I hope
rising nice and steady now which is good and im off out now,but I suspect there will be another surge tomorrow as momentum gathers pace.
Read the placing announcement. The executive chairman gets 2.5% of the share capital if the share price stays above 10p for 3 months, 2.5% if above 15p for 3 months and 2.5% if BLUR are EBITDA positive. He also put £150k of his own money in. These are only going one way at t he moment.
Letts has gone & with a residual stake which is much smaller than it was , Cook has been appointed CEO & we have a new Board.My view is that Blur would have gone into Admin if our new Board & Cook were not optinistic ofsalvation & they certainly would not have encouraged or supported a fundraising.I would not berr surprised to hear soon of progress with one or more of our prospective clients but whether that will be sufficient to justify our current MV remains to be seen.I picked up a few months ago at about 5p & thought I had a total loss & certainly regretted ( as I still do ) not selling for around 20p-will I never learn ??
Cos 3p before the placing they were priced to go bust. These should have a market cap of £10m now there is a new board - they've been £15m with the old shower of shite so a 10m mcap shouldn't be crazy. £10m = 7p ...and then hover around there until there is news. Any positive could send them mental.
blur Group plc ("blur", the "Group" or the "Company") Board Changes blur Group plc (AIM:BLUR), the market-leading Indirect Spend Management platform, announces that Laurence Cook has been appointed CEO of blur Group and replaces Philip Letts, the company's founder, who will no longer be a director of the Company with effect from today. Laurence joined blur in November 2016 as Chief Commercial Officer and has been instrumental in driving customer acquisition in the Enterprise sector. Laurence has 25 years experience in the ICT industry, successfully bringing disruptive products and services to market while leading global sales teams at Siemens, C&W and NTL. David Rowe Chairman said "We are delighted that Laurence has agreed to drive the next phase of the company's development and growth and I would like to pay recognition to Philip's contribution as founder and the driving force behind the company's history". A further announcement will be made following the expected appointment of Laurence to the PLC board (on completion of routine director due diligence) in compliance with the AIM Rules.
44% without news? Why the increase?
Could well be 8p by lunchtime at this rate.
21p. Ouch. Good luck. Hope u get there...
a nice steady increase will do me from here.
selling looking at bigger money and bigger picture here,will pick up again quite strongly,some people have no patience.
don't knock the rise! I need this to get to 21p to get my money back so a way to go yet!! Live SP 4.25 (with the ask at 4.75!) up 44%.
I have followed this share for over 2 years and witnessed the downfall of Letts leadership so a new CEO was very over due. They have the USP but can they turn this around - Maybe?
I have followed this share for over 2 years and witnessed the downfall of Letts leadership so a new CEO was very over due. They have the USP but can they turn this around - Maybe?
Numpty - try reading up before making inflammatory/misleading statements
Read the recent news - new CEO in place - additional funding, etc etc....BLUR may well surprise us all with this new direction.
Pumped for a placing I'd say
Or is this a classic p&d?
Why the rise?
in a blur.......
offer bid tight as well good sign, getting excited now as I know from the past how quick BLUR can move.
I remember the run up to the mid 20's not so long ago. Seems to be a similar pattern today.
this morning as I see a good re rate on the cards, never done me any harm this share so those buying now I hopefully will be a good omen. Bought in a few times over the years and never lost,best one was the run up tp 800p.