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Past AIM star in desperate race for survival
Thursday 29 Jun 2017 Author: Steven Frazer

Business service marketplace Blur (BLUR:AIM) is in a frantic dash for cash to save it from complete collapse. At the end of May the company had just $1.14m, which may only be enough for three or four months before it runs out of money.

Blur has previously raised around £25m since it floated in October 2012. Cash call prices were struck at 82p, 150p and 75p per share respectively. The stock is now trading at 3.38p having collapsed by 60% last week.

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