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The latest update is out from Blue Star Capital ( (GB:BLU) ).
Blue Star Capital plc has announced a capital reorganisation, a conditional subscription to raise £150,000 through new ordinary shares, and amendments to its Articles of Association. This move is part of a strategic effort to address financial constraints and reposition the company amidst a challenging market environment, following significant investment write-downs and operational adjustments. The capital reorganisation seeks to consolidate shares and maintain the nominal value, while the raised funds will support investments in SatoshiPay and Vortex, although the company acknowledges ongoing challenges in completing these initiatives.
More about Blue Star Capital
Blue Star Capital plc is an investment company focused on the esports and blockchain industries, particularly in gaming and payment applications.
YTD Price Performance: -80.0%
Average Trading Volume: 21,106,678
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.02M
See more data about BLU stock on TipRanks’ Stock Analysis page.
