Nasstar Hosted Desktop changes the way you work. Forever.
04 Oct 2008 Share Watch: Hot-desking company could be hot property
Financial Times, By Philip Stafford
Aim-listed Nasstar is effectively a bet on a future trend in computing. It is developing a hosted desktop, whereby customers can access all their desktop applications through the internet, rather than have companies spend cash on their own IT servers and systems. This is a trend that Google and Microsoft are both betting on. This week, Nasstar’s technology was recognised as “Business Application of the Year” at the CNET Networks UK Business Awards and in September it won a four-year deal from Allied Healthcare. House broker Ambrian is now forecasting full-year revenue to March 31 to double to £2.2m with a pre-tax losses narrowing from £348,000 to £18,000. The absence of a profit warning this week also suggests Nasstar has met interim expectations. Its shares have dropped 30 per cent in the last three months, but its technology may make it a takeover target for a big company looking for a route into a fast-growing market.
Regulatory News Service
- 26 Apr 2010 Interim Results
- 14 Apr 2010 Release of interim results
- 25 Mar 2010 Holding(s) in Company
Financial Reports
Financial reports: Latest: Interim Results for the 6 months ended 31 March 2010.
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Board of Directors
Lord Daresbury, Chairman
Charles Black, Chief Executive
Tony Eve, Finance Director
Damion Greef, Operations Director
Company documents
Admission Document, Memorandum & Articles of Association.
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Company Information
Find information required by the Companies Act 2006.
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Share Price
Bid: 6.00p
Ask: 6.75p
Percentage change: 0.00%
Volume: 0
Last change: 16:30:03
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Share Capital
Market cap: £2.28m
Shares in issue: 35,733,224
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AIM Rule 26
The information in this section is provided to ensure compliance with AIM Rule 26.
Last updated: 26 April 2010
London Stock Exchange Information
LSE code: NASA
ISIN: BG00B0T1S097
Date shares commenced trading on AIM: 29 December 2005
FTSE AIM All-share Index: Technology
FTSE Sector: Software & Computer Services
FTSE Sub-sector: Internet
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