Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Blue Star Capital ( (GB:BLU) ) has provided an announcement.
Blue Star Capital plc has announced the settlement of an outstanding debt by issuing 100,000 new ordinary shares at approximately 7 pence each. This move will increase the company’s total share capital to 33,813,865 shares, impacting the total voting rights and potentially affecting shareholder interests under the Financial Conduct Authority’s rules. The new shares are expected to be admitted to trading on AIM by 31 March 2025, maintaining parity with existing shares.
More about Blue Star Capital
Blue Star Capital plc is an investing company with a focus on new technologies, particularly in the fields of blockchain, esports, and payments. Its portfolio includes SatoshiPay Limited, known for innovative payment solutions; Dynasty Media & Gaming, offering a B2B white label gaming platform; Paidia, a female-focused gaming platform; and Sthaler Limited, which provides identity and payment technology using biometric solutions.
YTD Price Performance: 114.29%
Average Trading Volume: 186,848
Technical Sentiment Signal: Buy
Current Market Cap: £2.53M
For a thorough assessment of BLU stock, go to TipRanks’ Stock Analysis page.