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Share Name | Share Symbol | Market | Stock Type |
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Blue Star Capital Plc | BLU | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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0.0175 | 0.0175 | 0.0175 | 0.0175 | 0.0175 |
Industry Sector |
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GENERAL FINANCIAL |
Top Posts |
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Posted at 17/12/2024 11:04 by gb904150 So they want to consolidate 200:1.5000m shares becomes 25m shares. 0.02p share price becomes 4p. Then they issue 7.5m new shares at 2p/share. i.e. 50% discount to the new share price Raises £150k. Gets dropped into Satoshipay. Nick Slater who owns 11.44% is going to take on 1.75m of those new cheap shares. i.e. stump up £35k as a cornerstone investor. It's not clear who is subscribing for the other 5.75m shares? Or if that is open to existing investors. I assume if the resolutions are passed at the GM then existing shareholders get to participate. It's quite the departure from 'we are going to sell satoshipay' to now being 'we are going to raise £150k at a 50% discount to share price and put some of that into satoshipay'. More importantly: - why so quiet on satoshipay's performance. How is it doing? What are its revenues? Does it make any profit? - why does satoshipay need to raise money for Vortex? As an incubator, these things are usually financed by token sales just like they did for Pendulum: $5m Raised in Pendulum Private Presale The SatoshiPay team has raised $5m for building Pendulum from an oversubscribed private sale round of the upcoming PEN token, with strategic partners from all over the world. Among the presale participants were coinIX, LD Capital, Duck DAO, 6K Starter, CRT Capital as well as high-profile angel investors like Daniel Masters and Shiyan Koh (Hustle Fund). So they should either sell satoshipay if it has value. Or they should fund Vortex in the above way. Instead of just dumping more money into BLU which has been a massive destroyer of value. Seems more likely it goes into salaries for the BOD. Nick Slater clearly sees some potential. But why would anybody trust this co. when communication is so poor? |
Posted at 10/12/2024 15:47 by findingways100 Do we think once BLU actually has cash this could see a surge on back of satoshipay and BTC hype |
Posted at 05/12/2024 07:53 by ace ventura11 Things getting interesting. BTC going up forever, most say. Crypto Bull Run inbound d all related parties gonna do very well. Including Pendulum and Blu. |
Posted at 03/12/2024 19:36 by 888icb This may well be a new dawn because upto now the attempts to put a value on Satoshipay and from that a value on our shareholding in Satoshipay has not been successful. The second part of todays RNS states:“ Further to its announcement of 7 October 2024, whilst the Company has no further information in relation to the success of SatoshiPay's fundraise for Vortex, the Company has expressed an interest in participating. For this to occur, the Company would need to conduct its own fundraising, conditional on shareholder approval for a capital reorganisation as the nominal value of its shares is currently below its share price.” If Satoshipay undertakes a fundraising that should put a proper current value on it which would be very useful in determining the value of BLU. Crypto is coming into fashion big time which should create a very good environment for Satoshipay to finally prosper. |
Posted at 03/12/2024 14:06 by haba1 BLU own 100% of Vortex, so they will be diluted.My guess is they will get a grant like the previous one from Stellar, raise about £100k via a placement and get some private investments too. If all this happens, it's a good sign. Vortex has unbelievable potential |
Posted at 03/12/2024 13:57 by ace ventura11 BLU should not Dilute to invest in VORTEX. Vortex I have heard has had a successful fund raising round.Nothing unknown in the RNS. CRYPTO and Pen due for an immense 2025. BLU will be dragged upward as well. Raise a little cash then. |
Posted at 03/12/2024 12:05 by tomboyb Exciting times for crypto -Blu one of only a handful investing in this area - |
Posted at 03/12/2024 11:17 by ace ventura11 Tend to agree Dandy. 2025 is the year of the biggest Bull run yet in crypto history.Crypto is going mainstream, as the old analogue system fails. BLU will respond as Pen Flys. Wait till PENDULUM is getting Ramped all over Twitter and You Tube:) From 0.03c to $3-5 . Imagine what Blue Stars share price does then>>????? |
Posted at 03/12/2024 10:30 by ace ventura11 Crypto across the board and all related projects/companies, which includes Blu and PENDULUMs Token price. Will absolutely go Ballistic, once Trump announces a definite USA strategic BTC reserve.That will send MKTS Giddy. IE buy now before the FOMO goes Through the Roof. |
Posted at 03/12/2024 10:19 by ace ventura11 Gotta forget past price here. share price is what it is TODAY and it's a GIFT. So have been averaging down myself, PEN Token will take off, and Blu will follow suit.IMHO |
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