Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBlue Star Share News (BLU)

Share Price Information for Blue Star (BLU)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.03
Bid: 0.025
Ask: 0.035
Change: 0.00 (0.00%)
Spread: 0.01 (40.00%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 0.03
BLU Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: Cap-XX surges as settles agreement with Tesla

Thu, 21st Mar 2024 10:43

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

----------

AIM - WINNERS

----------

Cap-XX Ltd, up 76% at 0.34 pence, 12-month range 0.058p-2.90p. The manufacturer of supercapacitors for portable electronic devices says that it has been signed a settlement agreement with Tesla Inc. "Whilst the terms of the settlement agreement are confidential, they do not involve payments to Tesla that the board of CAP-XX considers to be material to the company," Cap-XX says. Back in September 2019, Cap-XX alleged that Maxwell Technologies had directly and indirectly infringed on CAP-XX's patents for several capacitor products. Maxwell, a California-based manufacturer of energy storage and power delivery products, was acquired by Tesla in 2019 for USD218 million. However, last year, Tesla filed a counter complaint against Cap-XX in a US District Court, alleging infringement of two patents by Cap-XX.

----------

Getech Group PLC, 8.4% at 8.95p, 12-month range 4.10p-15.95p. The geo-energy and green hydrogen company says it has made a "strong" start to 2024. Revenue for the first two months of the year are about 40% ahead of the same period in 2023. In 2024 to date, Getech has secured contract wins totalling GBP900,000, including three new annual software subscription customers as well as the renewal of eight annual licenses for the Globe geoscience platform and software products. Chief Executive Richard Bennett comments: "Getech has had a good start to 2024, and I am pleased by the improved financial position of the company. Importantly, prospects for the business continue to build as we retain our long-term clients, as well as attract new brands to our growing subscription base."

----------

AIM - LOSERS

----------

Blue Star Capital PLC, down 20% at 0.026p, 12-month range 0.026p-0.25p. The investment company reports a pretax loss of GBP6.3 million for the financial year that ended September 30, 2023, widened from GBP1.3 million in financial 2022. The main factors behind the significant loss were the write down in value of the company's investments in Dynasty Media & Gaming and Sthaler and losses incurred on the realisation of the company's quoted investments. Executive Chair Tony Fabrizi says: "The last year was one of considerable disappointment for all those connected with Blue Star. The material and unexpected write down in value in our investment in Dynasty has had a significantly detrimental impact on the company's net asset value and this has obviously impacted sentiment towards the company."

----------

By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
21 Apr 2021 11:46

IN BRIEF: Blue Star investee Dynasty raises USD5 million

IN BRIEF: Blue Star investee Dynasty raises USD5 million

Read more
16 Apr 2021 09:40

NFT Investments in AQSE record as IPO sees "unprecedented" demand

NFT Investments in AQSE record as IPO sees "unprecedented" demand

Read more
15 Apr 2021 19:37

TRADING UPDATES: HSBC announces redemption of US dollar securities

TRADING UPDATES: HSBC announces redemption of US dollar securities

Read more
10 Feb 2021 11:24

TRADING UPDATES: Dekel's Ayenouan Sales Up; Pittards Order Book Strong

TRADING UPDATES: Dekel's Ayenouan Sales Up; Pittards Order Book Strong

Read more
9 Feb 2021 17:09

IN BRIEF: Blue Star Hires Rowbotham To Board As Lew Takes Over CEO

IN BRIEF: Blue Star Hires Rowbotham To Board As Lew Takes Over CEO

Read more
1 Feb 2021 16:06

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
12 Jan 2021 11:34

Blue Star 2020 Valuation Uplift Drives Profit Swing; CEO To Step Down

Blue Star 2020 Valuation Uplift Drives Profit Swing; CEO To Step Down

Read more
23 Dec 2020 19:50

UK TRADING UPDATE SUMMARY: Polarean And Amryt Get US FDA Boost

UK TRADING UPDATE SUMMARY: Polarean And Amryt Get US FDA Boost

Read more
15 Dec 2020 22:00

UK TRADING UPDATE SUMMARY: Triple Point Social Ups Credit Facility

UK TRADING UPDATE SUMMARY: Triple Point Social Ups Credit Facility

Read more
6 Oct 2020 19:28

UK TRADING UPDATE SUMMARY: Petra Strikes Deal With South African Union

UK TRADING UPDATE SUMMARY: Petra Strikes Deal With South African Union

Read more
6 Oct 2020 13:44

Blue Star Capital pleased with progress at Dynasty eSports

(Sharecast News) - Technology-focussed investment company Blue Star Capital updated the market on its investee company Dynasty eSports on Tuesday, reporting that it had signed three separate software-as-a-service (SaaS) agreements in the third quarter.

Read more
29 Sep 2020 14:31

David Beckham's Guild Esports Raises GBP20 Million In London IPO

David Beckham's Guild Esports Raises GBP20 Million In London IPO

Read more
23 Sep 2020 19:09

UK TRADING UPDATE SUMMARY: Joules In Lockdown Hit But Online Surges

UK TRADING UPDATE SUMMARY: Joules In Lockdown Hit But Online Surges

Read more
23 Sep 2020 08:54

Blue Star Capital invests in French start-up Formation Esports

(Sharecast News) - Technology investment company Blue Star Capital has invested €0.125m (£0.12m) in Formation Esports, it announced on Wednesday.

Read more
22 Sep 2020 21:25

IN BRIEF: Blue Star's SatoshiPay Launches New Payments Platform

IN BRIEF: Blue Star's SatoshiPay Launches New Payments Platform

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.