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I think low6 listing could easily take us to 1.5 + / Hopefully either a new investment or one of our shares has a big move 50%+ to help
abstract from 8th April 2021 - Gunsynd PLC RNS
User Base
Low6 now have over 122,000 users. 85% of the users are Gen Z and Millennials - a target demographic of many gaming companies worldwide. Its PubWars apps went into soft launch on the 1 April 2021
So if going by the stats we could be looking at 500k users by next year.
Getting excited about this IPO
On Twitter - what's interesting is that on July 30th 200k then 31 August the users was at 250K
Now 28th November 300k users
Impressive - noted that the last was slower coming
To put in context if you said that we are looking at a 50% growth in 5 Months then no wonder Low6 is duly waited for a IPO.
Wonder what this will add to GUN valuation ??????
Low6
@low6sports
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Nov 28
We are delighted to announce that we now have over 3??0??0??,0??0??0?? users across our platforms! Star-struck
A fantastic week for Low6 topped off with this morning’s news! Rocket
Thank you to everyone for their continued support and congratulations to our great team for making this possible Clapping hands sign
I saw on friday the low6 ceo saying he will update there share holders within 10 days
I gather from what I’m hearing including the recent interview that there will be a dual listing. Probably ASX and possibly Nasdaq
Does that mean they will IPO in US rather than on Aussie ? Nothing on ASX
ATB APR
LOW6 tweeting about something big coming outside NASAQ office............ Hopefully the IPO
I agree. No idea why someone would sell after only 24 hours at a fairly big and silly loss. Maybe they were spooked by this new variant which is understandable but experience would have taught them to not panic. Fact is that we are very near the bottom here. Like you say the NAV is a lot higher than these levels and the company is well cashed up which Ruse confirmed hasn’t changed up to the present day in an interview with Zak Mir.
There is serious value at these levels I expect others will jump on when we get some more positive news from our investee companies.
Unfortunately it is a bear market at the moment but once the tide starts to turn in all markets it will reflect in the share price here too. Would be handy to have a load of spare cash for picking up any bargains!
GLA
if you check the trades on Thu someone bought @3.3m at 1.00p...on Friday the exact same amount was sold for 0.87p
He lost about 4000gbp on an outlay of 32k...why on earth would he do that?
So I agree..we just need catalysts to kick in here...a couple of IPOs or a TR1 from a name showing they are incresaing
I suppose I am very laid back knowing the NAV is 1.5p, dont need to sell for a while, so dont really care what the MMs do with the share price
I wish I could be more like that on other shares tbh...I do the research but then doubt myself when the price drops. Amateur of me really
GL all
should go back to 2P soon on the back of fundamentals. which should be the bottom..
Looks like MMs played on fear and managed to steal some cheap shares last week. They have put the price back up on a few buys. Strange it’s still hovering under a penny after those results last week.
Interestingly Rogue Baron director has bought more shares at almost double the open market price which tells me something positive is going on there. GUN holds around 20% of the company (about £1.4m worth) so could be very rewarding for shareholders here.
GLA
Covid 19 seems to be the threat today , over reaction
What a day for the micro cap stocks.
9m sold here and only 1.85m bought.
Sellers winning and the MM's have no issue but to lower the share price to find some buying activity.
Seems to have been walked down too low by the MM's. Should only go higher from here.