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Share Price Information for Star Energy (STAR)
Share Price is delayed by 15 minutes
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Share Price:
9.98
Bid:
9.28
Ask:
9.98
Change:
-0.16 (-1.63%)
Spread:
0.70 (7.543%)
Open:
9.56
High:
9.98
Low:
9.56
Prev. Close:
9.79
Last checked at -
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Don't have an account? Click here to register.Starcom raises £300,000 for interim working capital
Fri, 21st Oct 2016 10:41
(ShareCast News) - Starcom says it has raised £300,000 at 2.5p a share with the proceeds to provide additional working capital, citing delays in payments expected late in 2016.The company said last month it had sufficient cash for its present needs, but on Friday added that was based on assumptions regarding account settlement by specific distributors."The company has since received formal confirmation of the timing of the receipt of these payments, which will now be made in early 2017 rather than in the last quarter of 2016 as originally planned," Starcom said in a statement."The proceeds of the placing will provide additional working capital for the company in the interim period."AIM-quoted Starcom is a technology company specialising in the development of wireless solutions for the remote tracking, monitoring and protection of a variety of assets and people.At about 11:02 BST, shares in the company were flat at 2.62p.
More News
8 Apr 2015 10:47
8 Apr 2015 09:46
Starcom plunges as change in accounting policy means results will miss expectations
Shares in Starcom fell over 8% on Wednesday, after the technology group warned that a change in accounting policy will lead to its annual results coming in below market expectations. The Jersey-based group said it will no longer recognise revenue in respect of "bill and hold" sale prior to the deliv
Read more29 Dec 2014 08:08
Starcom soars on German Porsche deal
Shares in Starcom rose to the top of the tree on Monday on news that the AIM-listed company's vehicle tracking technology had been selected by a Porsche retail dealership in Germany, raising hopes of wider adoption. Starcom's Helios TT vehicle tracking system will be offered to customers of Porsche
Read more17 Jul 2014 11:49
17 Jul 2014 10:25
27 May 2014 09:13
Starcom Wins USD1.8 Million Contract But Sees Slow Start To Year
LONDON (Alliance News) - Starcom PLC said Tuesday that it had won a new three-year contract worth USD1.8 million with a Guatemalan distributor, but added that it had seen a slow start to year, hit by events in Ukraine, in a statement ahead of its annual general meeting. Starcom said the dis
Read more2 Apr 2014 08:42
Starcom 2013 Profit Hit By Ukraine Crisis, Exchange Rate Losses
LONDON (Alliance News) - Starcom PLC said Wednesday it saw pretax profit drop in 2013, despite posting a rise in revenue, as it was hit by the crisis in Ukraine and exchange-rate losses. The wireless tracking and monitoring products company posted a pretax profit of USD794,000 in 2013, down
Read more