ADVFN (AFN)

Sector:

Financials

Index:

FTSE AIM All-Share

 12.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 23.50
  • 52 Week Low: 10.50
  • Currency: UK Pounds
  • Shares Issued: 46.29m
  • Volume: 76
  • Market Cap: £5.79m
  • RiskGrade: 525

ADVFN forms conference venture for cannabis, blockchain tech

By Josh White

Date: Monday 20 Nov 2017

LONDON (ShareCast) - (ShareCast News) - Financial market information provider ADVFN announced on Monday that, following the MJAC2017 exhibition organised by its US platform InvestorsHub.com, and launched in Los Angeles during September, its has formed a new venture titled MJAC InvestorsHub International Conferences.
The AIM-traded company said MJAC InvestorsHub is based in Las Vegas, and will develop the MJAC conference and new exhibition opportunities starting with MJAC2018, which will be held in the autumn of 2018 in Las Vegas.

US-based THC Therapeutics agreed to take a 50% interest in MJAC InvestorsHub for a cash payment of $0.5m.

THC is publicly listed on the US Over-the-Counter market.

"After a very pleasing start with the MJAC2017 LA show, MJAC InvestorsHub plans to develop conferences and exhibitions focusing on disruptive technologies including blockchain, lithium and medical marijuana," said ADVFN CEO Clem Chambers.

Chambers added that linking up with THC Therapeutics would leverage that opportunity with an increased US footprint, finance and enhanced market knowledge.

"Having met Clem Chambers, CEO of ADVFN, and spent time with their board of directors as we've worked to establish this partnership, I am very impressed with what they have accomplished and their vision not only for ADVFN, but also our shared vision for MJAC LTD as a leading force in the convention/expo space for these disruptive technologies," commented THC Therapeutics CEO Brandon Romanek.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

ADVFN Market Data

Currency UK Pounds
Share Price 12.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 23.50
52 Week Low 10.50
Volume 76
Shares Issued 46.29m
Market Cap £5.79m
RiskGrade 525

ADVFN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
21.32% below the market average21.32% below the market average21.32% below the market average21.32% below the market average21.32% below the market average
24.07% below the sector average24.07% below the sector average24.07% below the sector average24.07% below the sector average24.07% below the sector average
Price Trend
50.64% below the market average50.64% below the market average50.64% below the market average50.64% below the market average50.64% below the market average
51.72% below the sector average51.72% below the sector average51.72% below the sector average51.72% below the sector average51.72% below the sector average
Income Not Available
Growth
60.86% below the market average60.86% below the market average60.86% below the market average60.86% below the market average60.86% below the market average
54.13% below the sector average54.13% below the sector average54.13% below the sector average54.13% below the sector average54.13% below the sector average

ADVFN Dividends

  Latest Previous
  Interim Final
Ex-Div 24-Mar-22 23-Dec-21
Paid 11-Apr-22 24-Jan-22
Amount 0.75p 1.50p

Trades for 14-Jun-2024

Time Volume / Share Price
10:02 76 @ 13.00p

ADVFN Key Personnel

CEO Amit Tauman

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