Gfinity Share Price (GFIN)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Gfinity Plc	LSE:GFIN	London	Ordinary Share	GB00BT9QD572	ORD 0.1P

	Price Change	% Change	Share Price	Shares Traded	Last Trade
	-0.025	-2.22%	1.10	2,326,040	10:25:38

Bid Price		Offer Price	High Price	Low Price	Open Price
1.05		1.15	1.125	1.075	1.125

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Media	7.87	-12.06	-0.04		6

Last Trade Time	Trade Type	Trade Size	Trade Price	Currency
12:19:59	O	420,000	1.1375	GBX

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Gfinity (GFIN) Latest News

Gfinity News

Date	Time	Source	Headline
02/4/2020	11:37	ALNC	Gfinity To Raise GBP2.3 Million To Support New Strategic Focus
02/4/2020	07:27	ALNCF	Alliance News Flash Headline
02/4/2020	07:00	UKREG	Gfinity PLC Proposed placing to raise GBP2.25 million
31/3/2020	16:06	ALNC	Gfinity Shares Jump As Interim Loss Narrows Despite Revenue Drop
31/3/2020	15:30	UKREG	Gfinity PLC Half Year Results
27/3/2020	16:35	UKREG	Gfinity PLC Price Monitoring Extension
27/3/2020	15:48	UKREG	Gfinity PLC Notice of interim results
26/3/2020	11:05	UKREG	Gfinity PLC Second Price Monitoring Extn
26/3/2020	11:00	UKREG	Gfinity PLC Price Monitoring Extension
25/3/2020	11:21	ALNC	Bidstack Signs Advertising Partnership With Gfinity And Venatus Media

More Gfinity News

Gfinity Takeover Rumours

Gfinity (GFIN) Share Charts 1 Year Gfinity Chart
1 Month Gfinity Chart	Intraday Gfinity Chart

Gfinity (GFIN) Discussions and Chat

Gfinity Forums and Chat

Date	Time	Title	Posts
08/4/2020	12:24	Gfinity: Leading eSports Tournaments Organiser	783
23/1/2020	11:00	Gfinity (GFIN) One to Watch	1
18/2/2015	13:02	GFinity - welcome to the world of Online Gaming and Watching Video Games Online!	20

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Gfinity (GFIN) Most Recent Trades

Trade Time	Trade Price	Trade Size	Trade Value	Trade Type
11:20:00	1.14	420,000	4,777.50	O
10:39:06	1.13	131,381	1,491.04	O
10:25:50	1.08	37,473	404.75	O
10:16:57	1.14	87,726	999.99	O
10:04:24	1.14	87,205	994.05	O

View all Gfinity trades in real-time

Gfinity (GFIN) Top Chat Posts

Date	Subject
09/4/2020 09:20	Gfinity Daily Update: Gfinity Plc is listed in the Media sector of the London Stock Exchange with ticker GFIN. The last closing price for Gfinity was 1.13p. Gfinity Plc has a 4 week average price of 0.30p and a 12 week average price of 0.30p. The 1 year high share price is 6.80p while the 1 year low share price is currently 0.30p. There are currently 536,402,920 shares in issue and the average daily traded volume is 15,497,261 shares. The market capitalisation of Gfinity Plc is £5,900,432.12. Read Full Thread Reply
02/4/2020 07:58	timbo003: I acquired a few in the placing, but was scaled back to 60%. The warrants are handy to have, but they will act as a bit of a brake on the share price if business starts looking up. Read Full Thread Follow Reply
02/4/2020 07:47	mcfly79: Not the best placing price but I guess the share price was 0.3p less than 2 weeks ago. Read Full Thread Follow Reply
25/3/2020 07:51	hazl: https://uk.advfn.com/stock-market/london/gfinity-GFIN/share-news/Gfinity-PLC-Gfinity-partnership-with-Bidstack-and/82075328 Wow this company has suddenly started to behave! Read Full Thread Follow Reply
07/2/2020 12:18	jforshaw1953: Very possibly. Margin improving, stream of good news about the potential, still recruiting and yet its down down down on the share price Read Full Thread Follow Reply
01/8/2019 17:21	czar: Gents this is a placing, we all know the share price has to fall below the placing price to flush out the loose holders, it happens every time. If this gets down to 3.5p I will top up, otherwise lets see where we are trading in three months when the punters are out. Read Full Thread Follow Reply
12/5/2019 11:06	jungmana: Ileeman , this is a good investment at this level. I think the slight concern is their cash burn due to the nature of the business. But I agree is just a matter of patience for the company to attract the investor crowd and share price to recover. Read Full Thread Follow Reply
11/5/2018 08:41	timbo003: >>>22350220 Thanks for the heads up on the MM recommendation, it is always helpful to know what is behind a rise (or fall) in a share price when no news has been announced. Good luck with your new investment. Read Full Thread Follow Reply
28/7/2017 07:59	timbo003: Irrespective of whether this morning's announcement has any effect on the share price, it should definitely increase mainstream awareness of e-sports in general and specifically Gfinity's Elite series. Read Full Thread Follow Reply
12/5/2017 11:04	timbo003: The placing was first offered around the broker circuit at 14p (soon after the Microsoft announcement). I heard about it on April 11th but declined the offer to participate as it was not EIS qualifying and I wasn't sure whether Charles Street would invest. There was no way I would have invested unless Charles Street were following their own money (remember, we got screwed by them in the last placing at 5p) The company were obviously surprised by the share price action soon after then and so presumably went about renegotiating the terms. I am relieved to see that Charles Street are participating, had they not, the Chairman (Tony Collyer) would have got both barrels from me (again) at the next AGM. Read Full Thread Follow Reply
27/12/2016 23:52	timbo003: As posted on the ShareSoc AGM forum..... This year’s Gfinity AGM was held on Tuesday 20th December commencing at 10.00 at the company Solicitor’s HQ (Fladgates, 16 Great Queen Street, WC2B 5DG). For Investors who are unfamiliar with the company, Gfinity is an AIM listed esports business that provides a hub for the global community who compete against, or view on-line competitors playing a range of best-selling electronic games such as “Call of duty” and “League of Legends”. Gfinity listed on AIM during December 2014 at 17p/share, raising £3.5m which valued the company at around £13m. Since the IPO there have been two placings: the first at 20p/share (Nov 2015); the second at 5p/share (July 2016). The company is currently valued at around £20m with a share price of 13.5p (mid). Gfinity is currently loss making, The house broker (Allenby) forecasts on November 8th suggested that the company should achieve its first full year profit for year ending June 2019 (0.56p/share) without the need for further equity funding. On November 17th Allenby issued a new note suspending earnings forecasts, (this followed Gfinity’s announcement concerning the Elite series), the broker stated “that the series represents a major investment for Gfinity and commercialisation is at an early stage. As a result we are suspending our forecasts until proof points start to emerge” Links to Gfinity’s main gaming web site, main investor web site, the Annual Report, the AGM resolutions and the recent Broker notes are here: Gamer's Web site Corporate Web site Annual Report AGM Proxy form Allenby Research Notes There were around 12 attendees at the AGM including the Board of Directors and the usual AGM functionaries (Broker, PR and Registrar), I was the only ordinary shareholder present. The Chairman (Tony Collyer) opted to begin with questions before moving on to the formal resolutions, so I duly obliged My questions mainly centred around the last fund raising in July which was a heavily discounted placing at 5p/share. The directors did not need reminding that I had attended the general meeting at the end of July (which was held in order to seek shareholder approval for the placing) and that I had voted against both the resolutions at the previous meeting (my notes from the GM meeting in July are attached). Q: Could you please go over the rationale for why you went for such a large discount for the placing in July, the placing was oversubscribed, therefore you should have adjusted the price upwards so demand matched supply, rather than demand exceeding supply. A: The cornerstone investor (Charles Street) would not negotiate on the price (5p) or the percentage of shares they should own post placing (29.9%). We wanted them on board, they are well connected in the industry and will help the company develop. Q: That is a lame excuse, you are rubbish negotiators. The non-execs should be looking after all shareholder’s interests, on this occasion they have failed to do that, unless you can come up with a more convincing reason I will be voting against both non-execs who are up for re-election this year A: I can understand why you would want to vote against the NEDs, although note that one of the NEDs up for re-election (Jonathan Varney) currently takes no remuneration for his services. Q: Should you need to conduct another fund raising, it should preferably involve an open offer to accompany a placing, should that not be possible for any reason, could you please ensure that at least existing shareholders who have supported the company in previous fund raisings are given the opportunity to participate, I know of several other AIM listed companies that have taken steps to do this in the recent past. A: If we do raise further funds we will try to involve existing shareholders, but we cannot give any firm undertaking to do this. Q: Could describe (on a sum of the parts basis) how revenues are currently generated, and how they might be generated in 2-3 years’ time which is when the House Broker estimates the company will achieve break even ? A: Jonathan Hall (CFO) elected to answer the question Gfinity revenue comes from 4 main activities: * Gfinity’s own events: Gfinity branded events/competitions where Gfinity exploit all commercial rights through advertising sponsorship and broadcasting * Partner events: Paid events/competitions for Games Publishers or sponsors (fee for service) * Online digital: Online tournaments for hobbyists (revenue from sponsorship and advertising) * Venue: hiring out the Gfinity arena at Fulham Broadway for events and product launches For the current financial year the revenue split might be (reading down the bullet point list above) 20% : 60% : 10% : 10% . In three years’ time there should be a big increase in revenue from Gfinity’s own events to give a revenue split of around 55% : 25% : 10% :10% (Note: I assume this includes revenues generated from the proposed investment in Elite Series) I indicated that I had no more general questions, so the Chairman moved onto the AGM resolutions. Apart from pointing out a typo in the Annual Report I had no further comments on the Annual Report or the Resolutions. When it came to the voting there were around 26m votes in favour of all 7 resolutions (which corresponded to around 17% of the total shares in issue), the only votes recorded against the resolutions were my votes against resolutions 2 and 4 (re-election of the two NEDs) and against resolution 7 (disapplication of pre-emption rights). After the meeting I realised that I hadn’t asked whether any future fund raisings were likely to be eligible for EIS/VCT tax reliefs, so I put that to the CFO who then confirmed that the company should meet all the new criteria and therefore they should still qualify. Since the meeting I have had time to reflect on whether I should sell, hold or accumulate. Given that I benefited from EIS tax relief in the IPO and the first placing, selling now is out of the question, so I will definitely hold at least until the 3rd anniversary of my purchases. I would definitely not buy in the secondary market at around the current price (such a purchase would not qualify for EIS tax relief), however if there were another funding round I would consider participating, but only if two conditions were met: * The investment would have to be EIS qualifying * I would need an assurance that the investors who took the placing shares at 5p/share were following their money and investing again. If I didn’t have these assurances, I would definitely pass. [Note this is not a verbatim record, I did not make a recording of the event) Read Full Thread Follow Reply

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