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11:00 am

Welcome to Markets Live

Yes, we’ll have to talk about banks

11:01 am

And we’ll have to talk about the sudden realisation that we voted Brexit

But it’s Friday

And it’s a bank holiday weekend

11:01 am

So have a picture of a ceiling light

I hate these things

11:02 am

I have them in my kitchen, but they screw up the ceiling plaster

When you change the bulbs

But we need to discuss, cos this is today’s major mover

11:03 am

Photonstar LED

Photonstar Led Group PLC (PSL:LSE): Last: 2.71, up 2.14 (+371.48%), High: 2.77, Low: 2.01, Volume: 18.13m

Yes, really

11:03 am

This is pure dot comedy stuff

The connected lightbulb

Internet of things

11:04 am

Maybe you need some historical perspective

11:04 am

A decade ago

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And now it’s finally found share price traction with the IoT

PhotonStar LED Group Plc (AIM: PSL, “PhotonStar” or “the Company”), the British designer and manufacturer of intelligent lighting and building control solutions is pleased to announce that it has received a letter of intent (the “LoI”) regarding the proposed roll out of the halcyonPRO2 and its halcyon CloudBMS platform.

11:05 am

The LoI has been received from a leading manager and developer of student accommodation in the UK

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