Guild Esports Share Discussion Threads

[7rademark] 31/1/2023 19:55

You've never seen it before yet chose not to question it, rather post your predictions of massive dilution or administration. Obviously for the good of those who do not understand.

[henchard] 31/1/2023 19:41

Now that is funny ace I have to admit.

[henchard] 31/1/2023 19:31

I've never before seen a company publish an annual report with an auditor's statement it must surely have read, and then subsequently advise the market that it thinks the auditor's statement is misleading. (Does the auditor agree, I wonder.)

Having said that, GILD has only "clarified ... in order to avoid ambiguity" that "as yet no financial adviser has been engaged to conduct a fundraising and no timetable or pricing for such an issue has been decided."

More significantly, GILD evidently felt there was no ambiguity or need for any clarification about the part of the auditor's report that stated "the company’s ability to continue as a going concern is dependent on the ability to secure additional funding through completion of an equity fundraise."

[smithie6] 31/1/2023 19:27

8p to 1.2p

blah blah & blah !!

[smithie6] 31/1/2023 19:26

....my guess is that on next Tuesday the price will be lower than the closing price today.

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imho
most recent posts/posters on this thread.
0/10.

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btw
if no fund raise by issuing shares (with drop in share price) or new loan from somewhere then I assume that the shares will be suspended, due to the co. not being in an on-going situation.

And some posters (idiots) here will say that that is a positive !! je je !

[7rademark] 31/1/2023 19:20

Did he email them or did they read this board.

[7rademark] 31/1/2023 19:07

It was a good spot I'll give henchard that but as I pointed out highly unusual, and as it turns out wrong wrong wrong, guild have had discussions regarding a fund raise, of course they have that's prudent as new sponsorship may not happen as soon as they would prefer, look at it this way countless people sold out today on this oversight, that's why you could sell nearly 4m shares online at the close, they have been duped.

[jasperthemonkeygod] 31/1/2023 19:01

erm, logic?

if someone wasn't wrong, I generally consider them to be right

but that's just me

[jasperthemonkeygod] 31/1/2023 18:58

Henchard wasn't wrong

They are having discussions about a possible fund raise, the directors refer to it before the auditors did, in the full report posted earlier

apart from the dilution, if say they wanted a couple of £mill, I've no real problem with it

BOOM were always doing small, meaningless placings in their early days, a few hundred thou here and there, pointless I thought, instead of just getting a large chunk done and dusted

Jasmine is obviously very focussed and proactive, and her CV on LinkedIn is pretty impressive

[jasperthemonkeygod] 31/1/2023 18:49

RNS Number : 4866O

Guild Esports PLC

31 January 2023

Clarification: Annual Results

Earlier today the Company announced by RNS its audited results for the year ended 30 September 2022 in the usual abridged format and in addition uploaded a full set of its statutory annual report and accounts on its website.

In the full statutory accounts the independent auditor's report states that the Company is in the process of conducting an equity fund raising. The Company would like to clarify that it has had initial positive conversations with its brokers about a fundraise, however, as yet no financial adviser has been engaged to conduct a fundraising and no timetable or pricing for such an issue has been decided.

In order to avoid ambiguity, these results are being reissued in full in this announcement, which replaces the Company's earlier announcement.

[boysie72] 31/1/2023 18:22

He is another troll that has been on my filter for yonks. Social media really gives you perspective on the obscene volume of morons in society. Filtering is healthy for own well-being.