News blog
Huy
- BY: Andrew Hore |
- POSTED: 11/05/2009 |
Shares in cash shell Huy have been suspended because it has not found a suitable acquisition.
Huy, formerly known as Blue Star Mobile, said last year that it had been approached by parties wanting to reverse into it but there has been no further news.
There was a cash balance of £118,000 at the end of September 2008 and £50,000 of deferred consideration for the mobile content business was collected in November 2008.
The shares were suspended at 0.85p each, which values Huy at £250,000.
Huy has six months to find an acquisition or the quotation will be cancelled.
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