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Blue Oar
- BY: Andrew Hore |
- POSTED: 01/05/2009 |
Aim adviser Blue Oar has changed its nominated adviser and broker to the firm that performs the same function at parent company Evolve Capital.
In the case of Blue Oar, Fairfax IS is nominated adviser and joint broker, because Blue Oar remains joint broker to itself.
Blue Oar is changing its name to Astaire and is still in talks with fellow Aim adviser Dowgate Capital about a merger.
At 4.25p a share, Blue Oar is valued at £7.14m. The company had net cash of £13.5m at the end of 2008.
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