London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
You will only have one login account. Registering with multiple accounts is not allowed. Any user found to have more than one account on this site will have all, and any future accounts suspended permanently.
Your email and password must only be used by you. If a post is made under your account, it will be considered that it was posted by yourself.
Your account nickname must not be the same, or contain, listed company names or board members' names.
While debating and discussion is fine, we will not tolerate; rudeness, swearing, insulting posts, personal attacks, or posts which are invasive of another's privacy.
You will not;
discuss illegal or criminal activities.
post any confidential or price sensitive information or that is not public knowledge.
post misleading or false statements regarding the share price and performance. Such posts are deemed as market abuse, and may be reported to the appropriate authorities.
post any private communication, or part thereof, from any other person, including from a member of the board of directors of a listed company. Such posts cannot be verified as true and could be deemed to be misleading.
post any personal details (e.g. email address or phone number).
post live price or level 2 updates.
publish content that is not your original work, or infringes the copyright or other rights of any third party.
post non-constructive, meaningless, one word (or short) non-sense posts.
post links to, or otherwise publish any content containing any form of advertising, promotion for goods and services, spam, or other unsolicited communication.
post any affiliate or referral links, or post anything asking for a referral.
post or otherwise publish any content unrelated to the board or the board's topic.
re-post premium share chat posts on regular share chat.
restrict or inhibit any other user from using the boards.
impersonate any person or entity, including any of our employees or representatives.
post or transmit any content that contains software viruses, files or code designed to interrupt, destroy or limit the functionality of this website or any computer software or equipment.
If you are going to post non-English, please also post an English translation of your post.
If you are going to post non-English, please also post an English translation of your post.
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium and Verified Members
Premium Members are members that have a premium subscription with London South East and have access to Premium Chat. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Dont think i would take part in any fund raise at 2p! feel sorry for everyone here some of you will need to see bids valued at 100mill and over to even get your money back!! looks like GFIN all over again without the happy ending!!!
I agree and I'm glad it's done and dusted now. Creates stability. There is a excellent board now in place . I'll sit back and let them deliver. Yes tomorrow won't be good but long term I'm very confident. Hope helx will be ok after the 10 million is raised and the SP rises . Buy some helx we know you want to or you wouldn't be here
Spot on Bottomzup, I’m with you on this one. helx has been put back in his box, that hand puppet won’t be needed for a good 18months... As I’ve said on balance this is probably good news, we can now sit back and let them get on with it.
Absolutely neon, good to read someone posting with a cool head. Of course the MM`s will drop the price in the morning, but there will be plenty taking a long position after the appointment to the BOD of Bryan Neider. This is a significant move by both parties. He brings more than 25 years of experience during his tenure at Electronic Arts, a global leader in digital interactive entertainment. He served a variety of leadership roles including managing global business development, EA Partners, corporate finance and CFO and COO for EA.com, CFO of Worldwide Studios, COO for EA's global development organisation and SVP of Global Operations.
All the bedwetters and panty p**sers are coming out of the woodwork calling a disaster, blood bath and catastrophic doom and gloom, but only a few months ago some of the same Bids bashers went from calling a placing in Q1 at 3p, to definitely in April at 2p... then if it doesn`t happen in May its turn the lights out time. Then it went to a 1.5p placing in June and if they don`t raise at least £10m it`ll be pointless and won`t last the company long enough, and will need another placing in 6 months. Then it was 1p and as low as 0.5p, to finally they won`t be able to raise anything because nobody will want to get involved in this sinking ship.....etc etc etc!!!
Now they`ve raised £10m at 2p its all doom and gloom catastrophic disastrous blood bath and sinking ship won`t survive etc etc.....I see a pattern here.
I see helx has gone a bit quiet when you would have thought he would be posting about every 5 minutes on this massive news, but no. I suspect he`s on the phone, or zoom call with his paymasters as I write, being briefed on how to put the next negative spin agenda together now that the placing bashing stick has been wrestled from his hands. I might take part in the inevitable drop tomorrow, if I can get in at 2p! One thing is for sure, the bedwetters will be taking their losses, while the savvy bargain hunters will gladly take their shares off them for the inevitable bounce back when the market assesses the massive potential of this fully funded leader in the In-game net new advertising category. £10m in the bank, and moving in to the significantly H2 weighted revenues season sounds good to me...onwards and upwards.
Well well well. What a royal duck up ! Told you so, but certain individuals would not listen. Which joker kept buying shares to try and spite me because I annoyed him?! You couldn't make it up.
Blood bath tomorrow. Then the city boys will flip the shares to get their easy 20% odd gain.
The price will plummet to 1.5p soon enough in the weeks to follow
No need for JD to take part in the fund raise everyone! Why would he when he can cream off the easy money in salary and expenses lol (paid for by those taking part in the fund raise) Blood bath tomorrow.
Well, atleast Draper managed to raise the funds, well more than I thought at a lot less price but I'm surprised to see he finally managed to raise the funds but ofcourse shareholders paid for it. It will be blood bath tomorrow and based on last fund raise, I think the SP will probably open around 2p ish and if the shorters get on board then expect 1.80ish but will bounce back pretty quickly.
Dilution isnt the issue for a private investor with a tiny, tiny % holding in any company ...it is the EFFECTS of dilution that matter
..and it is the EFFECTS of any forthcoming share issue that are there in the declining share price....the old 12p high could become a new 6p high ....so a new trading range of 3p to 6p could be the equivalent of the old 6p to 12p (100% rise)
The EFFECTS of dilution hit the capital value of a holding ..because of course the share price is adjusted for there being more shares ( although there is cash raised too)
Holders have been seeing the EFFECTS of any forthcoming dilution for weeks on their capital value...
250M shares at 2.50p will give them £6.25M before expenses which should give them enough runway for the next 12/13 months or so when I calculated it last time considering their burn rate around £475k/month. But if it’s raised with CLN then expect selling pressure to intensify! Regardless a good CEO would certainly understand and address these issues before the can get even bigger. Unfortunately because of the constant BB bashing and his own arrogance, I personally fail to see how Draper is going to handle it.
Helx.. i dont think it was as much as that...but ..it wasnt good for current holders for sure.....but they did sell it down to 32p before the 60p fund raise notice finally arrived ....i have some..still sitting on them....share price stuck at 57-60p going nowhere at the moment
I have a feeling that a placing could be announced on Thursday at 3p a share..or if not next Tuesday.......surely everyone involved is going to want to get it out of the way before the key summer break period....and the wait to find out has really gone on long enough..
Sorry but could you please show me the RNS where gfinity raised money at 0.5p please? They raised funds at 1p on 2nd April 2020, in the middle of the pandemic. Are you talking about this raise? If yes then please correct your post. It’s not nice to scaremonger BIDS investors in this way. Who knows, bids might secure debt funding or other means of funding to avoid equity raise. Good people lost money because of a certain CEO, it’s really not nice to keep poking who are already suffering.
Last placing was done at 29% discount to the sp on the day.
Similar thing happened at Gfinity. Only people who have made money there are those who came in after the placing and options at 0.5p, when it hit rock bottom. If same does happen here, getting out at 2.5p would give you 5x more shares if a placing is announced at a similar level. It’s The only way to protect yourself from dilution is to get out before the placing.
Absolute madness the CEO has told the market a placing will need to happen and then let the company run on fumes while the sp is decimated.