Gunsynd Share Discussion Threads

[tomboyb] 09/3/2021 13:54

Thanks Pennyfalls -

[tomboyb] 09/3/2021 13:53

back to square one -

[pennyfalls] 09/3/2021 13:42

Low6 investment..
Hi Tomboy.. Low6 has 544381 shares in issue, so Gun (without the additional convertible loan note) has 6,667 (approx 1.3%), adding the Loan Note at equal valuation takes Gunsynd to approx 2%.
Happy to be corrected

[tomboyb] 09/3/2021 12:02

small buys trickling in -

[tomboyb] 09/3/2021 10:26

Suspect Akers "may" add on weakness -

Some of the selling maybe management who got their shares at 0.0085p or ord -

[tomboyb] 09/3/2021 09:52

1 million now available at 1.66p or 1.25mill at 1.678p -

12th March Rogue BARON comes on AQSE exchange -

[tomboyb] 09/3/2021 09:37

I think if it falls further Akers may look to add as he has certainly been adding further up -

[tomboyb] 09/3/2021 09:29

I will add I hold at average of 0.97p so I have a cushion here and have held for a while and sold higher at around 2.4p for ease of holding -

[tomboyb] 09/3/2021 09:26

Herb -

The 1.3p warrants expire June next year -

delayed 412k buy -

Someone def offloading as I can buy 1mill at 1.675p now 0R 1.25Mill at 1.69p -

If Akers keeps buying we will be 2p+ -

[herb clark] 09/3/2021 09:18

How long will it take for all the warrants to flip?

[tomboyb] 09/3/2021 09:14

Well -

1.25 million available online now -

Someone def offloading or warrant conversion -

750k at 1.67p or 1.25mill at 1.69p -

[tomboyb] 09/3/2021 08:59

Need Akers to do a Delia and buy up the warrants -

Online limits have increased again to 750k at 1.68p -

[tomboyb] 08/3/2021 22:26

So if those figures are correct still 35.8mill warrants available at 1.3p -

Trapped between that and 2p with 56mill warrants at 2p -

[tomboyb] 08/3/2021 22:11

I can't see how GUN will hold 2% if they have only invested 260k and PIRI invested first at 30 quid a share and they already raised 12mill??-

[tomboyb] 08/3/2021 22:06

hxxps://www.crunchbase.com/organization/low6-ltd

So gun hold 2%? -

[pennyfalls] 08/3/2021 21:15

Low6 Funding up to now is £12-£14Mill isn;t it..with another large batch coming pre/ at IPO

[tomboyb] 08/3/2021 20:33

£260k for 2% -

Roughly Low6 valued then at 11million? -

[pennyfalls] 08/3/2021 17:31

Warrants?
Yes, a double-edged sword; bringing money in but at a cost of weighing-down the share price between news events.
I think Brokers are offering these far too readily these days, making easy money for those in fundraisers, but affecting the dynamics of the share price.

As far as Low6 is concerned - I believe GUN are circa 2% at the moment - which would mean Gun valued at £20Million on Low6 alone (if it became a Unicorn)

I believe the LOW6 CEO is aiming to emulate Pointsbet, which also launched on ASX and shot up to just under $4Billion Aussie quite rapidly

[tomboyb] 08/3/2021 17:01

AGM details possible issue of further shares "if" required -

Authority expires at next AGM and I do agree with above poster is that if dilution means attractive investment and Bod do deliver than that is reasonable.



Resolution 4 – Directors’ Authority to Allot Shares
This is an ordinary resolution to grant to the Directors the authority to allot and issue shares and grant rights to subscribe for shares in the Company for the purposes of Section 551 of the Act up to the
maximum aggregate nominal amount of £527,000 (representing 620,000,000 new ordinary shares of 0.085 pence or approximately 154% of the current issued ordinary share capital of the Company). This Resolution replaces any existing authorities to issue shares in the Company and the authority under this Resolution will expire at the conclusion of the next annual general meeting of the Company.

Resolution 5 – Disapplication of Pre-emption Rights
Resolution 5 proposes to dis-apply the statutory rights of pre-emption in respect of the allotment of equity securities for cash under Section 561(1) of the Act. This is a special resolution authorising the
Directors to issue equity securities as continuing authority up to an aggregate nominal amount of £527,000 (representing 620,000,000 new ordinary shares of 0.085 pence or approximately 154% of the current issued ordinary share capital of the Company) for cash on a non-pre-emptive basis pursuant to
the authority conferred by Resolution 4 above. The authority granted by this Resolution will expire at the conclusion of next annual general meeting of the Company

[tomboyb] 08/3/2021 16:05

Post from LSE TODAY:

RE: Was yesterday’s RNS about Rogue Baron good or bad?08 Mar 2021 12:58
@socialist Thanks for the information, but for balance just need to point out that the recent AGM provided approval to the BoD the ABILITY to issue a further 620m shares. Remember GUN is an investment company and its primary source of raising new cash for further investments is via its existing shareholders and/or new investors by issuing new shares to raise the necessary cash.

For me an investment is GUN is simply do you or do you not trust to BoDs judgement in finding and securing new investments at decent rates with manageable risk and then identifying a path to an exit and monetisation at attractive returns?

We know Peter Ruse is currently hunting for a Copper investment as he has told us so and both Low6 and Rogue Baron are planning to IPO in the next few weeks. What he cannot control is timing of exit/monetisation and when something juicy may darken his door. Pre-approval of issuance up to 620m new shares gives him that optionality and firepower. No one likes dilution, but as long as he does it AND delivers increased shareholder value in short order then I am okay with that.
ATB APR

[tomboyb] 08/3/2021 15:33

Slowly and steadily -

As long as Akers decides to hold, warrants exercised - we can get back above 2.20-2.50p -

[tomboyb] 08/3/2021 14:36

Must be a dump coming -

1 million max online at 1.694p -

[tomboyb] 08/3/2021 14:19

This is the problem with warrants although it does bring in monies for the company -

If you don't hold them and are a simple equity holder then the share price is at your mercy -

warrants at 1.3p and 2.0p will keep within range -

[tomboyb] 08/3/2021 14:11

online 750k max at 1.69p -

someone definitely having a dump -