RE: esports26 Aug 2022 10:25
Money the ppl who will lend gild money and that's a big if IF they will even get money lent don't care about how cheap the company is it is based on there ability to pay it back and the level of risk and ease of getting money elsewhere right now now it is clear , that the market is not easy to raise money in interest rates are already high and for loss making companies with no guarantee of paying back we can all forget getting a loan as this will be a fundraise.
Company will run out if money by year end meaning cash raise is imminent the market knows it hence the price no amount of sponsorships now are going to come I time. Why do you think the ceo kalhourd has not brought, any, shares, at, all. If insiders not buying why we should?
Gild are going to need about 10m and to get that to keep lights on any investors are going to want a huge discount and a load of warrants to boot for the risk level they are taking. Gild could easily go bust we saw recently in Australia other esport team go bust so it does happen
This is uninvestable right now its just a pure gamble.