Thalassa Holdings exits Corridor Resources investment
9th Mar 2020 09:56
(Sharecast News) - Thalassa Holdings updated the market on its trading on Monday, announcing that it has completed the disposal of one of its 'miscellaneous holdings' it referred to on 2 March.
Read moreThalassa 'well positioned' amidst period of market volatility
2nd Mar 2020 10:58
(Sharecast News) - Investment group Thalassa Holdings said on Monday that it was "well positioned" going into the current period of market volatility, through being both long in cash and hedged through a combination of different strategies.
Read moreTake no action on Thalassa offer, says Local Shopping REIT board
7th Mar 2019 09:26
(Sharecast News) - The Local Shopping REIT responded to an offer for the company's shares from Thalassa on Thursday, recommending its shareholders took no action on the offer.
Read moreThalassa Holdings' pretax losses widen amid rising costs
6th Feb 2019 16:05
(Sharecast News) - Thalassa Holdings on Wednesday reported that its annual pretax loss widened as increasing administrative expenses and cost of sales eclipsed revenue gains.
Read moreThalassa considering takeover of The Local Shopping REIT
9th Jan 2019 09:28
(Sharecast News) - Thalassa announced a possible offer for The Local Shopping REIT (LSR) on Wednesday, following an update from that company on 12 December, which confirmed the failure of proposals including a members' voluntary liquidation (MVL).
Read moreThalassa receives second earn-out balance from Fairfield Geotechnologies
19th Nov 2018 11:07
(Sharecast News) - Thalassa Holdings announced on Monday that, following its announcement on 23 October, it has received the second balance of $0.6m of the earn out from Fairfield Geotechnologies.
Read moreThalassa Holdings reourchases another 50,000 shares
21st Sep 2018 15:33
(Sharecast News) - Thalassa Holdings announced on Friday that, on Thursday, it purchased 50,000 of its shares at a price of 94p each.
Read moreThalassa aims to 'reinvent' itself after swinging to profit
17th Sep 2018 08:24
(Sharecast News) - International surveying company Thalassa Holdings reported on Monday that it swung to a profit for the first half of the year after disposing of its marine seismic subsidiary, WGP.
Read moreThalassa's Norwegian tax appeal succesful
17th Aug 2018 12:19
(Sharecast News) - Surverying services firm Thalassa was on Friday advised by the Norwegian tax authorities that its appeal in relation to the 2014 tax year has been successful.
Read moreThalassa's robotics subsidiary waves ex-navy advisors aboard
16th Aug 2018 16:06
(Sharecast News) - Thalassa's Autonomous Robotics arm on Thursday appointed a new defence advisor and defence consultant to provide strategic on potential applications for an autonomous underwater vehicle technology.
Read moreThalassa set to exceed expectations amid geopolitical uncertainty
23rd Jan 2017 10:42
(ShareCast News) - Energy holding company Thalassa announced on Monday that it expects profit for the year ended 31 December 2016 to exceed market expectations. The AIM-traded firm said it estimates that it will report revenue of approximately $14m and profit before tax - excluding consolidation of
Read moreThalassa Holdings expects revenue to jump nearly 30% next year
16th Dec 2016 12:38
(ShareCast News) - Thalassa Holdings, which provides services to the oil and gas industry, expects operational revenues to rise next year for its subsidiary WGP Group. The AIM-listed company expects operational revenue to increase about 29% to $15m in 2017, compared to the estimated operational reve
Read moreThalassa improves forecasts for WPG Group's FY pre-tax profit, revenue
21st Nov 2016 13:04
(ShareCast News) - Thalassa anticipates wholly owned subsidiary WGP Group (WGPG) will book full-year results that beat the expectations for revenue and pre-tax announced stated back in September. Directors were now hiking their estimate for WGPG's full-year revenue to $13.9m and for pre-tax profit t
Read moreThalassa slams Local Shopping performance, cleans out board
10th Nov 2016 14:15
(ShareCast News) - Thalassa announced on Thursday that it exercised its rights as a holder of 23.48% of the issued share capital of the Local Shopping REIT to requisition the convening of a general meeting of LSR on Wednesday, to remove from its board of directors Stephen East and Nicholas Vetch and
Read moreThalassa acquires Papua shares while subsidiary sells more data
10th Oct 2016 11:48
(ShareCast News) - Thalassa announced on Monday that WGP Survey, a wholly owned subsidiary of Thalassa's own subsidiary WGP Group, has made further sales of the multi client data acquired with TGS-NOPEC Geophysical Company ASA in 2014. The AIM-traded firm said these sales will generate approximately
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