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  5. Blue Star Capital Shares Suspended Amid Takeover Talks With SatoshiPay (ALLISS)

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Share Price Information for Blue Star (BLU)

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Share Price: 0.0375
Bid: 0.035
Ask: 0.04
Change: 0.005 (15.38%)
Spread: 0.005 (14.286%)
Open: 0.0325
High: 0.0375
Low: 0.0325
Prev. Close: 0.0325
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Blue Star Capital Shares Suspended Amid Takeover Talks With SatoshiPay (ALLISS)

Thu, 26th Jul 2018 13:07

LONDON (Alliance News) - Shares in Blue Star Capital PLC where suspended from trading Thursday after it announced a potential reverse takeover with investee SatoshiPay Ltd.

Blue Star has a 30% stake in SatoshiPay, following a fundraise by the online payments platform on Wednesday worth EUR566,000, with the interest worth around EUR5.3 million.

The company has signed a heads of terms to acquire the rest of SatoshiPay, and the fact it would be a reverse takeover means its shares have been suspended temporarily.

As a result of the talks, Blue Star will not be converting a EUR200,000 convertible loan note it made to SatoshiPay in December until the talks either complete or are ended.

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30 Jun 2010 07:50

Blue Star Capital 1H Pretax Loss GBP389,917 Vs GBP1.18M

LONDON (Dow Jones)--Blue Star Capital PLC (BLU.LN), said Wednesday that it made pretax loss of GBP389,917 for the half year ended March 31, compared with GBP1.18 million. -Operating loss GBP391,196 versus GBP1.14 million -Net assets were reduced by GBP389,917 to GBP4.359 million -Cash po

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24 Feb 2010 08:52

Blue Star Capital shrinks losses

Investment firm Blue Star Capital shrunk full year losses after it reduced costs and saw improved returns from its investments. The group, which invests predominantly in unquoted companies within the Homeland Security Industry sector, said it had made substantial progress during the year. Blue Sta

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6 Jan 2010 09:20

Blue Star hooks up with US big hitter

UK investment company Blue Star Capital has formed a strategic partnership with Washington based security and risk management advisory firm Chertoff Group. The Chertoff Group will collaborate with Blue Star performing due diligence on revenue generating opportunities in the home security, defence a

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24 Jun 2009 08:57

Small caps round-up: Slingsby, Goldshield, Blue Star...

Pallet truck provider H C Slingsby said its interim profits will be substantially below last year's levels and there is little sign of a pick-up in trading in the foreseeable future. The company, which is free of debt, continues to be well positioned to withstand the impact of the current trading d

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