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Nice 13m buy just above ASK just in
Should be up up up from here
He’s long gone on this one, cost a lot of people a lot of money with some awful picks
What you saying sarn?
Exactly. On 31st March they reported revenue up by 106% over the last 6 months. i.e. H1 Revenue of £4.1m (H1 FY22: £3.3m), up 26% year on year and up 106% on the previous six-months. Plus GFIN guided the market that revenue at the esports business was up 70% year on year to £2.5m (H1 FY22: £1.5m). Plus Robert Keith (Eidos / Lara Croft) took a 12.02% holding in GFIN recently. He is a serious investor and one to watch having sold his business, Fast Search & Transfer, to Microsoft for $1.2bn, I wonder if an MBO or bid at a bargain basement price is on the cards / being planned? Something doesn't feel right about the very upbeat guidance dated 31st March and the announcement today, just 2 months later ......
Good luck, Brighty
Anyone else sniff a management buy out here?
GFIN is about to mooooooon
Watch it on open tomorrow
Incredibly undervalued
LPORTER YOUR POST YESTERDAY ABOUT THIS SHARE THAT YOU POSTED ON MANY OTHER BOARDS!!!
WOW HOW HAVE YOU NOT BEEN BANNED!!!
DISGRACE
Scandalous by the board of directors after the RNS 31/03!
GL.
Gfinity (AIM: GFIN), a world-leading esports solutions provider today announces that it is closing down its Esports division
Retained earning losses of £53m at HI
blimey... a long and winding road to..... nowhere
Well done guys ....
Gdm if profitable has considerable value.
Expecting board changes
I work in publishing, the mention of using AI to write some content makes me naturally very uncomfortable, but seeing it already had a positive impact in May is nonetheless interesting.
This may never deliver anything like what we'd hoped but assuming they can be trusted at their word... To outrun the now slimmed cash burn then it might yet still deliver at least something.
My holding is 80% down, but overall feeling on today's update is neutral, clearly drastic action was needed and it has been taken. I shall wait for this strategy update for more detail. If it survives this blow to sentiment then it may just turn slowly from here if revenue from digital media is profitable.
It you wanted to buy a shell why would you buy GFIN at £3m market cap
When ITS has a market cap of only 120k
Look at everyone trying to buy in
Warrants at 15 boys
Terrible
Update
All this news was priced in all year around. Now they post something positive and you want to try and say it’s going to pot
Hahha. We all thought this was done and dusted. That RNS says otherwise.
Why would you trust a single word they say? They've either been wrong or worse misled shareholder with almost every update they've put out.
There's not much left here, a few wordpress sites with chatgpt writing conent and the crappy stockinformer site, it'll be lights out by the end of the year imo.
Let’s see what happens on open boys. Plenty more research everywhere.
Positive EBIT
No need to raise
30% in Athlos now for free
Cash burn down 5 fold
Focussed on AI offering that’s producing profits
Again let’s see where we go on open.
I think he’s joking
I don’t understand how this can go north? They have sold off the arena, closed the esports division and given away the “groundbreaking” athlos for a quid. They now only operate in the digital media space with AI making content for them? There are 10,000 agencies globally that all know this realm better than them?
They rule out a placing.
Ebitda positive in sight.
Should see a nice rise today with 0.15 warrants exercised to bring cash in.
Eh? Did you even read the RNS. They literally said they have approximately half a million and are going to show a positive EBITDA and are NOT going to raise.
So clear that derampers want this to drop. Read the RNS buddy. This has been on its knees for ages. It’s finally time for this to go North
Where did all the placing money go. Down to 180k
Expecting a big drop on open. I still haven’t digested that RNS
If you believe their EBIT statement then it’s a wonderful update. If you are dubious then it is a depressing RNS. Guess you all have to decide whether you trust their forecasts based on previous….
They needed to do something to turn the business around and it seems like they’ve made some massive changes.
Also no placing needed:
"This has been a difficult year for Digital Media with the Company having losses across all verticals, however after a significant re-structuring, we are confident that Gfinity will flourish without the requirement to raise further working capital”
This could go boom todays. It’s been dead for over a year
And there we have it, 10s of millions of pounds of shareholders money over the years and what’s left? A few wordpress sites and a two bit stock availability site that you could throw together in a weekend that we somehow paid someone millions of pounds for.
Athlos turned out as expected to be vapourware but the good news is we’ll get 25% of nothing going forward.
The mismanagement of this business is almost criminal but hey it’s not their money….
WTF is that the RNS