I could now sell for 8.50 😊
No-one could call this share boring, love how it moves so quickly. |
Bladderman MM and institutional investors will try every trick in the book to shake out the PI investors, in their minds you've had your profits, they know this is worth multiples of current SP, so expect more volatility , as they try and rattle loose your shares |
Loss making business as no revenue0.7m cash as at jun 2024No fees or revs for another 12 months and thats if the bank take up the productThey will need to raise The ladder effect now is mms take it up and unload the sellsThen it moves down buyers buy in and seller offloads moreIm telling you a small placing is coming and it wnt be at a good price 2/3p area or less Dnt believe the ramp squad |
I didn't even have to wait a minute!
I could sell now for 8.26.
Hold for me. 👍 |
Nice top up, |
Could be in profit soon.
Buy when others fear! |
Took advantage of the fall, got avg to 8p. |
To be fair there is a lot of talk in their half yearly on raising funds from investors and with only 700K presume they'll need some at some point.
Low cashburn though so maybe not an immediate need? |
Still holding tight regardless of latest treeshake 🚀🚀🚀🚀8640; |
McKinsey's research shows that revenues in the fintech industry are expected to grow almost three times faster than those in the traditional banking sector between 2023 and 2028. Right sector Right time."Fintechs will continue to benefit from the radical transformation of the banking industry, rapid digital adoption, and e-commerce growth around the world, particularly in developing economies".In summary, the white-label BaaS deal with a UK Bank is a tipping point for the banking sector and the value attributed to it could be huge for BANK. Irrespective of the fluctuations in the share price the medium to longterm future is a share price much much higher than that of today.https://www.mckinsey.com/industries/financial-services/our-insights/fintechs-a-new-paradigm-of-growth |
Shame on those who said a placing comes today, they really will try everything! |
MM and institutional investors will try every trick in the book to shake out the PI investors, in their minds you've had your profits, they know this is worth multiples of current SP, so expect more volatility , as they try and rattle loose your shares. |
Totally agree
Many panicked yesterday, no placing RNS.
Still happy with my buy. |
The board and II's own so much they're not gonna do some huge placing at a massive discount and dilute themselves into oblivion, dewscope offered a line of credit that might be back on the table and hopefully with all the renewed interest over the last few weeks private investments will get them the funds needed for the banking license. |
Totally expected look at the after hours trades they've had to find shares for! Mostly buys |
Hi mate, we have been in a a lot of shares together and even share tips on the GG's if you remember good to see you posting and yes we both know own to a good thing so time will tell |
Well that was an interesting day. However the slight retrace is more than expected and hardly any need for concern. Nothing has changed, the potential, the expertise of the management and the sector, all points towards one thing.JACKPOT. I'm with BMW and shares are staying firmly in my account. Now let's see what tomorrow brings.🚀8640;🚀Ԇ40;🚀 |
look at that daily chart, 10p to over 14p back to 8p, I got in at 4p, but was shocked to see the day unfold.
Placing fwd selling or just MM and sorter crews plus traders realising they have made their money now, there is a while to go on this reading the RNS again. |
 CEOVery impressive https://fiinuplc.com/marko-sjoblomMarko is a successful second-time entrepreneur and the Founder of Fiinu. He is a former elite athlete with a doctorate in artificial intelligence and unbundling banking services. His fintech experience includes over 20 years on Wall Street and in the City of London including ten years with leading banking, treasury, risk and payments companies. He has served as a treasury steering committee member at four DAX-30 companies.Prior to Fiinu, Marko founded one of the largest overdraft-style lenders in the UK which developed a fully automated software robot that lent and recovered over $1 billion in small increments in the UK without reliance on credit bureau data. His previous business was independently valued at $171 million after five years. Prior to becoming an entrepreneur, Marko was a sales director at Reval, a Wall Street based hedge accounting and quant risk modelling platform. The company was acquired by Carlyle Group, through a $280 million LBO. Marko was a director at Kyriba, an in-house bank and payment factory SaaS platform which became a unicorn after receiving a $160 million investment from Bridgepoint Capital. Marko was also with Trema for six years, helping large incumbent banks and corporate treasuries to manage their risk through straight-through-process automation. The company was acquired by Warburg Pincus, through a $150 million LBO in 2006 and later by ION Group. |
A banking licence if they were going to would cost them 32-40m Then would take 6-12month to get approved They had 0.7m cash last JuneLoss makingNo revenue And now £30m mcap12 month exclusivity with the new bank to test their product. Company does need to update their website and do a new presentation on their plans |
Not me Pedro been in since 4p last week and holding for the big gains daily fluctuations I do not care about |
Honestly, some of the posts on these boards are just ridiculous. One minute people are saying “they are all in buy buy buy” and next it’s “this is doomed, going nowhere etc” then they are all in again! we all get it, we want people to buy when we hold and sell when we have sold! We don’t have to continually shout about it though surely?….. |
1500 percent rise then 15 percent decline an and everyone shixing themselves you couldn't make it up |
Think about it If there was a placing what would the funds be use for a licence maybe? now that would be great news, Fiinu becomes a bank so where would the share price go then |
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