Member Info for Goolang

I do not think you can read a balance sheet.

Placing is already

Just noticed a CLN issues for £2mill at 8% convertible into shares for 2022. Basically a 33% share dilution? reference below, seems to be buried in the annual report and i am still hunting...
https://www.proactiveinvestors.co.uk/companies/news/986017/mode-global-holdings-expands-in-anticipation-of-further-growth-in-2022-986017.html

Depends on the trading to date if they raise cash. They defo need cash but it is how they get it and how much. Interesting to see what the year end cash position is. They sold the BTC to help with cash. I think they have dialed down their marketing spend so far this year.

This is not how you communicate to the market. Users were reported to be 55,000 in 2020 so we are at 140,000 ish which is something. The former CMOs marketing spend was out of control.

Mode has nothing to do with the BTC price. It benefits from volatility in BTC. JR even said in his twitter feed that this month has been the best month for BTC trading ever with Mode.

It is in Africa.

It is gonna be massive.

Management are still not in a rush to publish the cash position for the 2020 year end. Shareholders are pretty well in the dark regarding the business stats for over a year now. Alot of bitterness towards stakeholders by JR is not helpful. Communication by the management team today is still shockingly poor despite everything that has happened. While form a regulatory point of view the annual accounts for 2020 are not late; they are late in spirit and that can only be read into negatively.

Nice

i though they were close to production, clearly not.

Depends on the user base.....

Do we know the exact date of release?

If no fundraise then cashflow could be positive now....and then they just delay for a few months the roll out of some of the new products which i think the shareholder base will accept if it means no raise.

It is growing, but expenditure was out of control according to the H1 2021 results. It continued into H2 2021. Communication is shocking.

Placing announced at the time of results i think, Sure, a bounce i think when the results come out, we are so low it cna only go up. Sad how there is no preliminary results. Sad.

The placing is not speculation! JR already said in one of his recent interviews after Ryan Moore left that he will raise funds.

over valued

will be published next month.

TR1s will not tolerate the shares suspended for long.