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Just need to see placement price then ,wait and see or top up ready for newson Athlos deal. I know my plan
JD it was in December RNS more funding might be required,not a secret
It's called sharing information City and not hiding anything! I wonder if you had mentioned it to those 'pals' who were invested would they have sold out as you have known for a few days now!
Hi Pokerchips sorry to track you down to here just thought I'd share this with from select committee meeting today with BOE go to 11.42am and listen to the "transfer of £123.8 billion interest from the BOE to the government (Treasury)" just to confirm my conversation on THG a month ago
https://parliamentlive.tv/Event/Index/297352c0-d18d-4ba9-9bcc-6f5e95e5d9b8
Can you believe it they lend money to themselves and take the interest back be nice if we could all borrow money like that and they complain about how much debt they have what a load of bull
Mobile Streams confirmed they had sold off their holding in GFIN over a period of time! Wonder did they know it was coming!
Dreadful situation and LTH's are having their pants pulled down and given a right thrashing with the forthcoming equity raise. This should have been a great company ... but it just goes from bad to worse.
And to say that the new raise will take the company to breakeven ... well, if I recall correctly they've said that quite a few times in the past and here we are again.
cash down to £400k - what r they doing? Is CEO burning it to keep warm.
What a joke
"John Clarke, current Chief Executive Officer, will step down from his role and will leave the Company with immediate affect .."
not surprising really...
probably need to consolidate the shares and then find a new fund raise price from that ..the number of shares is going to become a touch ridiculous otherwise
Another placing at undisclosed level, so price obviously bombing. PI absolutely shafted, again.
Just noticed a sudden crash in the share price! Currently DOWN 30.4% - WTF is going on?
Down they go
Could do with the CEO John Clarke coming out of hiding.
The cashburn is still too high and i suspect that this year being our 1st profitable one may slip.
The last few RNSs have the chairman not the CEO commenting which is a little worrying.
I suspect back in March 2022 they thought they could use the newly issued warrants to keep the cashflow ticking over, however, we are c65% below the exercise price now so no chance of these being cashed in.
Athlos and GDM are great businesses and the Saudi tie up looks encouraging, however, the silence is deafening!
Don't think they are going bust as seen 2 new jobs advertised...growth strategist and business development manager combined at apporx 85k salary. Hoping for some RNS to clear things up though
Calm down Justin.
Maybe people will take blind little notice of the misinformed Mr Waite . Tipsters He's definitely not in any league to do so . Crystal ball , and tea leafs expert anyone..
Oh! It's all justin waite's fault, never mind got to have a go at somebody weed head.
Justin Waite was banging the drum loudly for this company......Now the silence is deafening. He has been silent on Twitter since the year end also. No doubt he will wait until one of his s*** share tips does something positive before banging his drum again. Just proves he's as poor as the next expert when it comes to tipsters. Must be making a living spouting his drivel on the likes of Vox Markets.
It does make you wonder. I know they've scaled back on the venue at Fulham.by giving up the the premises That was giving them less income verses the drop of people coming through the door, and concentrating on the on line side of things . You think this would be picking up momentum with acquisitions they've made and third parties taking an interest..
I was just thinking the same thing, and have tried to contact the company at their HQ, but recorded messaging stating "There's no one here to take your call, please leave a message with name, number and reason for calling." Contacted Vox Markets, as I know Justin who does the podcasts is invested in Gfinity, and his colleague stated that he would try to chase John Clarke up for comment about the current situation with the share price. I have also emailed both John Clarke & Jonathan Hall since the Zoom meeting I had with them both back in August last year to arrange a follow up, but been met with a wall of silence. So, is the company in real trouble, even though they've been hiring top and very experienced execs, plus there's the recent Athlos announcement, Saudi Pro League partnership, as well as someone being brought onboard to manage the GDM side of the business. In other words, I just don't get it! Shareholders need some answers fast, or the share price will continue to drift as investors sell on the uncertainty. Although, it does give you the opportunity to top up as well, it would be common sense for the company to put investors minds at ease, even if it is to publish an RNS stating we know no reason for the drop in the share price.
Is gfinity going bust ??
There's plenty of other companies to invest in royga
SIL3NT Ceo is milking the company. Only interested in getting as much as possible before this company goes bust. Bofd has been doing that for couple of years.
I have added here at this price. Small risk at this price now imo