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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| World Chess Plc | CHSS | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 3.75 | 08:00:09 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 3.75 | 3.75 | 3.75 | 3.75 | 3.75 |
| Industry Sector |
|---|
| EQUITY INVESTMENT INSTRUMENTS |
| Top Posts |
|---|
Posted at 04/9/2024 15:24 by papillon "Letter to the FCA: please investigate if a false market was created in World Chess""Shares in World Chess (CHSS) have halved today but it is still valued at almost £40 million. A couple of months ago it was valued at £140million. It is fundamentally worthless. I have written to the regulator of the Standard List, the FCA." |
Posted at 07/8/2024 13:56 by jaknife Citys2874,It's a pump 'n' dump scam, the underlying business is a total pile of poo. Take a look at the last accounts: P&L * Revenue down 16.1% - not a growth company * trivial revenue of of just €2.3m - companies this small shouldn't even be listed! * gross margin of just 7.6% = £179k in cash * massive admin expenses of €4.3m and other costs mean an operating loss of €4.5m! * after other costs a total loss for the year of €4.7m Balance Sheet * Net tangible equity is negative at -€2.1m * liquidity ratio of just 0.12 points to imminent solvency crisis * cash of just €187k explains why they had to desperately raise cash in February Cash Flow * Cash burn city! This is a complete and utter dog. Whomever has tipped this to you is pulling your plonker! JakNife |
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