Gfinity Share Discussion Threads

[markstevenkirby80] 09/3/2022 14:10

I must be mad I did a small top up too ,

[jungmana] 09/3/2022 14:02

Decided to buy about 400k shares in 2 trades at 1.20p.An opportunity at this level imo

[kemche] 09/3/2022 13:11

Yet another John's Story / Barry special served.

[senseibull] 09/3/2022 12:14

Yep I got in on the last placing and will average down on this one.It has some good contracts

[jungmana] 09/3/2022 12:02

hTTps://audioboom.com/posts/8044344-john-clarke-of-gfinity-discusses-their-trading-update-and-reiterates-pathway-to-profitability-in

[dennisbergkamp] 09/3/2022 11:38

Definitely didn’t buy cos of that numpty. Anyone that does, needs their head examined!

Agree.. get the raise done and that’s where I’ll average down, and leave it for a few months

Similar to what happened to bids

D

[useless23] 09/3/2022 11:33

Another Justin disaster

[charlie9038] 09/3/2022 11:10

Jung agreed not that bad for a growth company, way too harsh mms have pulled this!

[jungmana] 09/3/2022 11:00

Had time at the day job to properly look at this update. Yes they will need to raise cash but is a good result compared to h1 2021. Company definitely on the up and now I think the 50% drop is too harsh. The sooner the funding is done the better

[pngasef] 09/3/2022 10:34

Don't know if you know this but Justin's discord app is a total fix. If you say anything negative that he disagrees with he hits a 'take a break' button on you. It is all manipulation and lies from him in afraid. Only positive views get aired, so it is not an honest debate in my opinion.

[jungmana] 09/3/2022 09:35

The Directors have therefore taken the decision to undertake a fundraise over the next few weeks in order to secure a MINIMUM of GBP1m in new working capital.

[jungmana] 09/3/2022 09:32

"The Directors currently expect the placing to be accompanied by the issue of one warrant for one new ordinary share subscribed for. The exercise price for the warrant will be the same as the placing price and will need to be subscribed for within 1 year. In the event that the Company does not raise new working capital, the Directors of the Company will have to revise its intended growth strategy."

[jungmana] 09/3/2022 09:29

Agreed raise and warrants also will be at the same price clearly someone is passed off and dumping

[dennisbergkamp] 09/3/2022 09:25

Seemed decent, outside of the raise
D

[senseibull] 09/3/2022 09:22

Doesnt seem such a bad update

[jungmana] 09/3/2022 09:17

Sold my small 100k earlier about 1.4p and added the proceeds to bids.Let's see what price the placing is done in this horrible market for tech stocks. My guess is 1p.Good luck punters

[bertiebingo] 09/3/2022 09:15

I cancelled my subscription to Sharepickers because it was full of sycophants very few question his views. I saw too many people describing his picks as "great companies" when they are hugely loss making. Too much focus on revenues and little on cash burn. Shame I can't see the reactions on his Discord channel now to this and other screw ups.

[actybod] 09/3/2022 09:09

Tru softens the blow but real one under radar at this price is xpf.

[markstevenkirby80] 09/3/2022 08:53

Yes I am one of the mugs that has followed him, lost 20 grand on bids , and now this, I just have to hold and wait and wait and wait, 10 p :))

[charlie9038] 09/3/2022 08:48

Market has overreacted the mms have pulled this down.

[actybod] 09/3/2022 08:40

Wait for years? Overhang. No man confidence. Small position and out at 1.5

[2magpies] 09/3/2022 08:38

(1) "Gfinity plc (AIM: GFIN), a world-leading video game media and technology business............ "


(2) "Cash position:

... The Company has current cash reserves of GBP0.8m. "

'world-leading', you know!

Heaven only knows what the lesser 'video game...' businesses have in their coffers!

Is that even funny?

[markstevenkirby80] 09/3/2022 08:38

I know this some people need to stop giving advice ,