RE: Anti dilution rights26 Jan 2022 16:25
The anti dilution rights are with Dynasty. Which means we retained our 13% holding of Dynasty at its new increased value after Dynasty had a placing of its own.
In the great scheme of things, Blue Star will have very little in the way of cash. Not enough for a round of drinks in a London pub, but its assets have certainly grown. Especially with Dynasty where Blue Star's investment, based the new Dynasty valuation, increased from approximately £1,300,000 to approximately £4,600,000 which is expected to be reflected in the Company's full year accounts due soon.