Member Info for itisagame

Dips and then Get NT to buy £500 shame.

20m volume since the drop, 26m in issue, 2m shares issued that have come to market today, (28m total issue now) and they have oversold by forward selling the remaining stock due to come to market in June.

There are buyers and sellers waiting either drop it or raise it, don’t sit here with a 10-15% spread just to milk traders in either direction.

taking the **** with the spread, come on we know there’s bigger all shares around close the spread and let it move.

Probably similar to how they indicated they would be in the March trading update, with some revenues delayed from 22 to 23

“As announced in its half year report on 5 December 2022, the Company had a commercially challenging first six months of trading due to a combination of factors, including a number of valuable projects being suspended by clients due to delayed investment into those businesses. There continues to be uncertainty over the timing of commencement of several such anticipated orders which is out of our control. Consequently, revenues and earnings for FY 2023 are now expected to be significantly behind current market expectations: the Board anticipates that revenues for FY 2023 will be not less than £2.8M.

In line with the Company's previously announced strategic change to focus on larger integrated service contracts, the Company has engaged with several potential clients for the broader service offering, which has been very positively received. In particular, negotiations concerning a significant order for an integrated service contract have progressed but have not materialised in time for the end of this year. While there is the possibility that negotiations could be completed in the near term, the majority of the revenues would be recognisable in the financial year commencing 1 April 2023.”

Nice only 2m extra shares taken by retail = less shares kicking about cheaply short term.

Cashed up ready for bounce, only main placing stock being forward sold.

Forward selling at its best, and yes they normally sell anything and everything they can down to placing price and slightly below if they have made money overall.

But it would Be a shame if 15m shares worth of shareholders voted against the terms of this placing lol

Will bounce, then fall, then bounce then Fall, and if they can turn a profit eventually it will stay up, otherwise it carries on - falls, then bounces

From here on I think selling slows till shares issued so chance of bounce in to low liquidity increases, until issued.

If full take up on the retail Rex off then the directors stakes go from ~3.75% atm, to about 5.6%.

A Partial uptake on Rex of say 3m will mean directors own about 6%.

Expect to see other TR1s as large changes in share issue.

Rather miss out on saving 2 pennies over losing 30 in one day.

(great deletes half my post.)

simplified :

enlarged company as it stands : sub £5m mcap, £2m cash, £3m rev with room for upside, new board members, director buy ins, few bits in pipeline, 5p might be bottom but back to teens very possible.

just need to let it churn, 11.6m volume today when average is 30k illiquidity could be the issue at later date once noise dies down.

Dont * done

If they were not clowns they would have dont this anyway and maybe not have needed the placing at this time anyway.

"In light of the macro-economic headwinds which the Company and its customers are facing, the Board has identified up to a further £2.2 million of annualized costs savings that can be implemented in the near-term. "

will look more over weekend but it doesnt look as bad as i expected, not much debt what they have is basically trade payable out vs trade payable in, who knows the lower rev might come back in at a later date as they mention them having "delayed investment"

"including a number of valuable projects being suspended by clients due to delayed investment into those businesse"

In any case cant grumble compared to the poor buggers here before 10am this morning. (who knew the revs were lower from the 6th march RNS) and worse case enlarged its currently sat at equiv to :

11m volume, always nice to see the mm pull 1/3rd -1/2 the share issue in volume with shares from nowhere, especially when this placing was only for 2.6m shares. With remainder weeks away.

What’s the deal with them trades Friday? That kinda match some and not all of the big trades today, did gati sell Friday or is he creating a taxable events to write off?

11-May-23 11:09:27 1.45 3,982,930 Unknown* 57.75k O

15-May-23 08:47:22 0.3357 3,982,930 Unknown* 13.37k O

11-May-23 11:09:08 1.45 2,807,929 Unknown* 40.71k O

15-May-23 09:11:37 0.338 2,957,929 Unknown* 9,998 O

11-May-23 11:09:32 1.45 6,790,859 Unknown* 98.47k O

15-May-23 13:29:13 0.18 8,744,242 Unknown* 15.74k O

15-May-23 09:11:06 0.35 3,697,879 Unknown* 12.94k UT

Haha another +100% day, good luck holders, im still cheering from sidelines for you.

Good luck for Friday all, ITS D day MK2.0

Do you notice how many threads got deleted while the share price was down, compared to none that ive spotted since it started rising

coincidence im sure, but its almost like someone somewhere is on one side of the trade ;-)

70m volume, 52m in issue.
…just a thought (might be right this time) Maybe Adams sold, why get 0 or 0.2p when he can get 0.5p. ;)

If he has to whom and what would their interest be.
That’s the question I ask myself here and why I saw potential, still think you see >1-1.5p if it goes how I foresee, but I have been wrong many times.

Just Cheering from sidelines

Grit is sh IT, loaded with debt, illiquid stock with CLN sellers who can’t get out. Avoid.

And I have said that since they changed business plan years ago.

Neil we play a dangerous game of chicken with the delisting stocks, sure anything can happen but we get burnt easily many times while doing so a win is a win, no need for greed.

I try to avoid Double dipping the same stock on same day for another taste of that glory as it normally ends bitter.

0.65, paid guys you know what to do.