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Does look good... added to watchlist for now.
Mine shown as a sell.
Got in at 6.55 so wonder whether some of the earlier trades are buys not sells ?
Most of the reports would seem suggest it is a good tie up. Heck , maybe I do now buy at around 6.5 secure there will be no addtl fund raising.. Was tempted at 11 so ....
Involving PI's is long winded, whereas the route taken relatively fast. If it is a good buy (I have no idea) then it is a good deal for holders, and that is the crux of the issue not a short term loss. Is it a good buy?
Have watched this little company for a few months ever since a good write-up in the Times. Why was it necessary to raise £ 10.5 m by issuing shares at virtually half price without giving existing shareholders any opportunity to participate in the fund raising ? Would appear to be a good purchase but existing s/holders have been maimed in the process
Nasstar, which describes itself as a cloud services provider, has announced that Garnes Data, a Norwegian service provider, has joined Nasstar's partner programme to distribute the Hosted Desktop service. The company will start to receive revenues from the partnership soon, it said. The firm believes Garnes Data is in an ideal postion to be a successful distributor for it in the Nordic Markets.
A qualified chartered accountant, Ari started his career as an analyst at J Henry Schroder Wagg. In 1983, Ari became Chief Executive of Heritable & General Investment Bank and having built it up was instrumental in its sale to Landsbanki, the Icelandic clearing bank in 2000. During this time he also co-founded and was chairman of Beeson Gregory (now part of The Evolution Group plc) and was chairman and a major shareholder in Alpha Gamma Ltd, a private commercial property company which was sold to Hammerson plc in 2006. In 2001 Ari, as chairman, led the IPO of plant centre Blooms of Bressingham. Throughout his career he has been involved in acquiring stakes in and advising UK smaller companies, both quoted and unquoted
Nice one Ari!!
Wednesday 27 July, 2011 Nasstar PLC Holding(s) in Company RNS Number : 2138L Nasstar PLC 27 July 2011  TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Nasstar PLC 2 Reason for the notification: An acquisition or disposal of voting rights 3. Full name of person(s) subject to the notification obligation: Ari Zaphiriou-Zarifi 4. Full name of shareholder(s): As above 5. Date of the transaction and date on which the threshold is crossed or reached: 11 July 2011 6. Date on which issuer notified: 27 July 2011 7. Threshold(s) that is/are crossed or reached: Above 4% 8. Notified details: A: Voting rights attached to shares Class/type of shares if possible using the ISIN CODE Situation previous to the triggering transaction Number of Shares Number of Voting Rights GB00B0T1S097 0 0 Class/type of shares if possible using the ISIN CODE Resulting situation after the triggering transaction Number of shares Number of voting rights % of voting rights Direct Direct Indirect Direct Indirect GB00B0T1S097 2,500,000 2,500,000 - 4.93% - B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial instrument Expiration date Exercise/ Conversion Period Number of voting rights that may be acquired if the instrument is exercised/ converted. % of voting rights - - - - - C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial instrument Exercise price Expiration date Exercise/ Conversion period Number of voting rights instrument refers to % of voting rights Nominal Delta - - - - - - - Total (A+B+C) Number of voting rights Percentage of voting rights 2,500,000 4.93% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Iomart Hosting, a wholly owned subsidiary of Iomart Group (IOM) and provider of managed hosting, data centres and cloud computing services, has joined the Nasstar (NASA) partner programme to sell hosted desktop under the Iomart Hosting brand. Commenting on this, Angus MacSween, chief executive of Iomart, said: "The ability to white label [Nasstar's] platform and offer the service under the Iomart brand means we can quickly integrate the service into our portfolio of cloud services." Shares in Iomart were unchanged at 85.5p, while those of Nasstar fell 1.375p to 9.75p.
Just noticed your April posting JOFISH great purchase and hope you are still in as there is more to come
Good find. I'm in here and ACC - the way to go! Also have a look at PSQ
This stock will do well in both the near and medium term for patient investors
Could not resist at this price (80,000 @ 7.75), will buy more if it dips. Well run and in a good space.
Nasstar plc ("Nasstar" or the "Company") Results of Annual General Meeting & Trading Update Nasstar is pleased to announce that at the Company's Annual General Meeting, held today at the Company's registered office 14-18 Old Street, London EC1V 9BH, all resolutions put to shareholders were duly passed. At the meeting the Company's Chairman, Lord Daresbury, made the following statement: "Since the release of the preliminary results for the year ended 30 September 2009 Nasstar has continued to build momentum with sales and the partner programme. 32 partners have now signed up to the Nasstar partner programme, with a further 8 who have entered discussions or undertaken training and initial interest from an additional 12. The Company is trading in line with the Board's expectations and sales from both the partner programme and direct marketing give the Directors confidence in the Company's expected future growth. A further update on trading will be provided with the interim results that cover the period to 31 March 2010."
starting to get some real traction now and volumes building up. expect a strong rerating once monthly profitability is confirmed.. gl.
premium having to be paid for any decent sized stock now as starts to pull away from 10p support, looking for big gains this week as buyers try to secure stock before next reseller update. gl.
but mm's trying to stop any rise by marking it down. risky.
possible someone moving holdings around, the shares were placed at 6p so possibly an arranged deal, in price either way. if buying continues monday we could see a bit of a spurt upwards. gl.
Hi mate, have you any idea what 600k @ 6p is about? Late traded with conditions but 6p?? Not in yet just trying to get some wonga together
Hope you got some tuggers. Looks set for a decent run with uptrend now being established. Tipped in moneyweek today so that'll help as well. gl.