RE: 0.5p raise in July.1 Jul 2021 23:48
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.