REMINDER: Our user survey closes TODAY, please submit your responses 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: 0.03
High: 0.03
Low: 0.03
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
9 Sep 2020 11:52

David Beckham's Esports Franchise Guild Sports Seeks London Listing

David Beckham's Esports Franchise Guild Sports Seeks London Listing

Read more
11 Aug 2020 12:36

UK TRADING UPDATE SUMMARY: Codemasters On Up As Finds Right Formula

UK TRADING UPDATE SUMMARY: Codemasters On Up As Finds Right Formula

Read more
3 Aug 2020 18:22

UK TRADING UPDATE SUMMARY: Tiziana Offering to Raise GBP57 Million

UK TRADING UPDATE SUMMARY: Tiziana Offering to Raise GBP57 Million

Read more
30 Jun 2020 17:03

IN BRIEF: Blue Star Capital Assets Rise, Positive On Esports Holdings

IN BRIEF: Blue Star Capital Assets Rise, Positive On Esports Holdings

Read more
24 Jun 2020 15:15

IN BRIEF: Blue Star Investee Partners With Malaysia ESports Federation

IN BRIEF: Blue Star Investee Partners With Malaysia ESports Federation

Read more
23 Jun 2020 14:26

Blue Star Capital shares up on record revenue for Leaf Mobile

(Sharecast News) - Blue Star Capital shares were in positive territory on Tuesday, after an update on its investee company Leaf Mobile.

Read more
9 Jun 2020 11:26

Blue Star Capital Raises GBP500,000 For Working Capital And Investment

Blue Star Capital Raises GBP500,000 For Working Capital And Investment

Read more
28 May 2020 18:26

Blue Star Praises Stellar Development Foundation SatoshiPay Investment

Blue Star Praises Stellar Development Foundation SatoshiPay Investment

Read more
4 May 2020 18:28

Blue Star Placing Raises GBP35,000 To Fund Follow-On Investment

Blue Star Placing Raises GBP35,000 To Fund Follow-On Investment

Read more
17 Apr 2020 13:57

UK DIRECTOR DEALINGS SUMMARY: Ferguson Chair Buys GBP250,000 In Shares

UK DIRECTOR DEALINGS SUMMARY: Ferguson Chair Buys GBP250,000 In Shares

Read more
5 Mar 2020 13:00

Blue Star Capital Shares Slide After As Net Assets Fall

Blue Star Capital Shares Slide After As Net Assets Fall

Read more
19 Feb 2020 11:23

Blue Star Capital Banks GBP50,000 Through Warrants Exercise

Blue Star Capital Banks GBP50,000 Through Warrants Exercise

Read more
3 Feb 2020 18:30

Blue Star Capital Portfolio Company Merges To Expand In Asia

Blue Star Capital Portfolio Company Merges To Expand In Asia

Read more
3 Feb 2020 14:01

Blue Star upbeat on merger plans of its esports investment

(Sharecast News) - Esports-technology focussed investment company Blue Star Capital updated the market on its investee company Diemens Esports, formerly known as The Cubs Esports, on Monday.

Read more
6 Nov 2019 16:34

Blue Star Capital Gains Approval For New Chair, Esports Investments

Blue Star Capital Gains Approval For New Chair, Esports Investments

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.