By Andrew Schonberg
Date: Tuesday 09 May 2017
LONDON (ShareCast) - (ShareCast News) - Blue Star Capital said investee company Sthaler Ltd has successfully raised £3m at a pre-new money valuation of £20m.
This represented a significant uplift to the post-new money value of Sthaler of about £9.4m in January 2017 when Sthaler last raised capital.
Blue Star invested £50,000 into Sthaler in June 2015 as part of a total raise by Sthaler of £450,000 with a post money valuation at that time of £3.4m.
Sthaler was an identity and payments technology business that enabled a consumer to identify themselves and pay using just their finger at retail points of sale.
This latest round of investment in Sthaler valued Blue Star's stake of 1% at £227,000.
Sthaler is a UK based technology business that has jointly developed Fingopay in conjunction with Hitachi.
At 12:19 BST, shares in AIM-quoted Blue Star Capital were flat at 0.13p each.
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Currency | UK Pounds |
Share Price | 0.033p |
Change Today | 0.000p |
% Change | 0.00 % |
52 Week High | 0.19p |
52 Week Low | 0.028p |
Volume | 6,233,107 |
Shares Issued | 5,093m |
Market Cap | £1.66m |
RiskGrade | 560 |
Value |
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Price Trend |
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Income |
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Growth |
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No dividends found |
Time | Volume / Share Price |
08:12 | 138,420 @ 0.030p |
08:00 | 6,094,687 @ 0.032p |
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