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GST Gstechnologies Ltd

0.81
-0.05 (-5.81%)
20 Sep 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gstechnologies Ltd LSE:GST London Ordinary Share VGG4164C1005 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.05 -5.81% 0.81 0.80 0.82 0.855 0.81 0.85 11,723,762 13:19:57
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Communications Services, Nec 1.55M -1.22M -0.0006 -13.50 16.94M
Gstechnologies Ltd is listed in the Communications Services sector of the London Stock Exchange with ticker GST. The last closing price for Gstechnologies was 0.86p. Over the last year, Gstechnologies shares have traded in a share price range of 0.555p to 2.075p.

Gstechnologies currently has 1,970,000,000 shares in issue. The market capitalisation of Gstechnologies is £16.94 million. Gstechnologies has a price to earnings ratio (PE ratio) of -13.50.

Gstechnologies Share Discussion Threads

Showing 1376 to 1390 of 2125 messages
Chat Pages: Latest  61  60  59  58  57  56  55  54  53  52  51  50  Older
DateSubjectAuthorDiscuss
06/7/2023
14:48
Soon 0.003
johnjames876
06/7/2023
12:21
Waiting the tr1 muppet to declare he is out
johnjames876
06/7/2023
11:55
The only reason people were buying was sandboxNow thats deadIts over
roberth176
05/7/2023
15:40
Well that happiness didn't last long
cahus
05/7/2023
11:58
Good to see blue for a change
cahus
30/6/2023
12:45
Rrr has fired up
1choip
30/6/2023
11:31
They haven't long raised funds for another venture so i topped up big time here hoping for good news on that soon.
bri15
30/6/2023
10:49
Big monies thrown on this one -

could even go 0.80p+ -

tomboyb
30/6/2023
10:44
Trade to 0.70p -
tomboyb
30/6/2023
10:43
GSTechnologies Limited

("GST" or the "Company" or the "Group")

Stablecoin Update

GSTechnologies Limited (LSE: GST), the fintech company, provides an update on the Company's stablecoin application for admission to the UK Financial Conduct Authority ("FCA") Regulatory Sandbox (the "Application"), as announced on 20 February 2023.



The Company has been informed by the FCA that they have concluded that the Application does not currently meet the FCA's strict criteria for admission to the FCA Regulatory Sandbox. As an alternative the FCA have offered the Company a place on their Innovations Pathway programme, an initiative designed to support financial services firms in launching innovative products and services, which the Company is pleased to accept.



Under the FCA Innovation Pathway programme, the Company will be provided with a dedicated FCA case officer, with a comprehensive range of support services, designed to assist GST to further develop the appropriate path for the progression of its stablecoin plans. This may involve a future Regulatory Sandbox application or preparation for regulatory authorisation without the need for supervised testing.



The Company will make further announcements in due course, as appropriate.



Tone Goh, Chairman of GST, commented: "Since the launch of GS Money stablecoins in late November 2021, we have made considerable progress, not only in this area but also with our other GS Money offerings. Although we initially viewed admission of our stablecoins to the FCA Regulatory Sandbox as an ideal next step, we understand and appreciate the FCA's rigorous admission criteria. Therefore, we are very pleased to have been offered a place on their Innovations Pathway programme. This opportunity will enable GST to benefit further from the guidance of the FCA and I would like to thank them for their assistance and feedback through the application process. We do not view this as a setback in any way, but rather as an alternative and appropriate pathway offered by the FCA. We look forward to providing further updates, as appropriate, as we progress."



Enquiries:

tomboyb
30/6/2023
09:05
100% upside easily
1choip
29/6/2023
09:33
CAB on IPO valued 850m
1choip
26/6/2023
13:43
0.7s coming
roberth176
22/6/2023
19:16
Rise tomorrow
zxie
22/6/2023
11:16
Not looking good
johnjames876
Chat Pages: Latest  61  60  59  58  57  56  55  54  53  52  51  50  Older

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