Gfinity Share Discussion Threads

[encarter] 09/8/2023 10:08

That's were the share price is heading then imho.

[encarter] 09/8/2023 10:07

Timber!!!!!!

[tomboyb] 09/8/2023 09:59

placing at 0.06p -

[encarter] 08/8/2023 08:59

And we're off.

[encarter] 01/8/2023 08:25

And we're off.

[parsons4] 29/7/2023 11:03

"The Company has also made extensive cost savings across the business and the monthly cost base in July will be GBP185k (annualised at GBP2.2m) compared to a monthly average of GBP600k in H1 FY23. The Company currently has cash reserves of GBP0.4m. The Directors believe that these cost savings provide the Directors with an organisation that can achieve operating profitability on an EBITDA basis in the near term."

"Chairman, Neville Upton commented "This has been a difficult year for Digital Media with the Company having losses across all verticals, however after a significant re-structuring, we are confident that Gfinity will flourish without the requirement to raise further working capital. By focussing on our core web offering for Gamers, we are able to remove the capital intensive businesses of software development and esports events, and focus on returning to a positive return on investment. We will update the shareholders shortly on a more detailed strategy."

The above was included in the 6th of June RNS where they explained the closing down of the esports division and the sale of 72.5% of the ATHOS Btechnology.

July has nearly gone and we are awaiting "more detailed strategy". Dare I suggest that perhaps the new format is working to plan and a market cap of £1m is on the low side for a company with turnover of say £3 to £4m which is ebitda positive !! and a carried interest in ATHOS which could be successful food for thought ???

[genierub] 21/7/2023 11:57

Its a pump and dump and another one is about to begin in VAST.

[newstead40] 21/7/2023 11:04

Just another 400% and I'll break even ?

[johnjames876] 21/7/2023 09:49

Get out get out

[orchestralis] 21/7/2023 09:07

Not if it is inherently undervalued.

[microscope] 21/7/2023 08:54

Up 52pc on no news? Even though this is the AIM jungle, I'm pretty sure they'll be asked by regulators to comment, even if it's 'know of no reason' type RNS

[roberth176] 21/7/2023 08:43

Pump n dump

[johnjames876] 21/7/2023 08:32

Alrighty pump n dump

[roberth176] 21/7/2023 08:11

Do not get caught

[parsons4] 21/7/2023 07:40

Tried to buy a few million yesterday but could only get 500k !! Now I can see why with a 7 million purchase this morning (only £5k). They should be breaking even this month otherwise surely there would be an RNS ?????. No posts this is completely off the radar.

[parsons4] 17/6/2023 07:13

"We are confident that Gfinity will flourish without the requirement to raise further working capital". It seems that the market simply doesn't believe that statement !!! If it turns out to be true then the shares could multi-bag from here !!!

[papillon] 06/6/2023 12:06

genierub 6 Jun '23 - 07:39 - 2370 of 2379
0 0 3
I think this is going to fly today.

>>>>>>>>>>>>>>>>>>>>>>>>>>>

🤣 🤣 How wrong can you be? genierub? A pumper of rubbish! 🤣

[goforgold1] 06/6/2023 10:01

I told you long time ago. This is a lifestyle scam

[czar] 06/6/2023 07:42

market cap is covered by the stake in Athlos so worth a punt now they are EBITDA positive imho