Quantum Blockchain Technologies (QBT)

Sector:

Financials

Index:

FTSE AIM All-Share

1.75p
   
  • Change Today:
    -0.050p
  • 52 Week High: 3.85
  • 52 Week Low: 1.18
  • Currency: UK Pounds
  • Shares Issued: 997.55m
  • Volume: 2,093,936
  • Market Cap: £17.46m

Clear Leisure narrows losses following shift in focus

By Iain Gilbert

Date: Friday 20 Sep 2019

LONDON (ShareCast) - (Sharecast News) - Investment outfit Clear Leisure said on Friday that losses narrowed in the first half as it shifted its investment strategy away from the leisure sector towards the broader technology sector.
Clear Leisure cut total losses 70% in the six months ended 30 June to €477,000, while operating losses were narrowed 25% to €526,000.

The AIM-listed group, which switched its focus from the leisure sector towards the broader technology sectors, with special focus on interactive media, blockchain and artificial intelligence, saw its net asset value remain stable throughout the half at €1.5m.

Finance charges were down 28% as a result of reduction and rescheduling of debt.

Clear Leisure acknowledged that challenges still needed to be overcome before it achieves its goal of realising "meaningful value" for shareholders but said it was confident that by continuing with its "well-founded strategies", its goal would be achieved.

Chairman Francesco Gardin said: "We are now starting to witness some positive results with regards to monetising our historical assets, as well as seeing successes with our technology sector investments, which are proving their innovative potential.

"The board remains confident that by continuing with its well-founded strategies, its goal of returning meaningful value to shareholders will be achieved."

As of 0930 BST, Clear Leisure shares had fallen 2.22% to 0.22p.

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QBT Market Data

Currency UK Pounds
Share Price 1.75p
Change Today -0.050p
% Change -2.78 %
52 Week High 3.85
52 Week Low 1.18
Volume 2,093,936
Shares Issued 997.55m
Market Cap £17.46m

QBT Star Ratings

Compare performance with the sector and the market.
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Key: vs Market vs Sector
Value
26.94% above the market average26.94% above the market average26.94% above the market average26.94% above the market average26.94% above the market average
Sector averageSector averageSector averageSector averageSector average
Price Trend
50.00% above the market average50.00% above the market average50.00% above the market average50.00% above the market average50.00% above the market average
49.25% above the sector average49.25% above the sector average49.25% above the sector average49.25% above the sector average49.25% above the sector average
Income Not Available
Growth
53.13% below the market average53.13% below the market average53.13% below the market average53.13% below the market average53.13% below the market average
52.46% below the sector average52.46% below the sector average52.46% below the sector average52.46% below the sector average52.46% below the sector average

QBT Dividends

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Trades for 11-Aug-2022

Time Volume / Share Price
16:24 860 @ 1.75p
16:18 4,111 @ 1.71p
16:09 250,000 @ 1.74p
16:02 287 @ 1.74p
15:32 80,000 @ 1.71p

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