Member Info for roleybirkin

Market is not broken but there are a set of issues out there that means prices still falling-

- MM's cannot keep taking stock on board each and every day as they simply do not have the cash or balance sheet strength to hold huge amounts of stocks - hence it gets to a point where net selling lowers the share price disproportionately

- A lot of retail and high net worth plus some small institutions trade on leverage and as such every fall in the share prices of their holdings strikes a margin call. These holders simply have no cash left and the prime brokers (like an IG) simply sell their positions into the MM's and hence any fall is exasperated by sales forcing further falls

- and finally, the level of falling is testing every retail holders emotions and many will succumb and sell.

In summary, most market crashes and this is certainly a micro cap and nano cap crash generally fall further than they should and that is where the value lies.

Good luck timing that bounce.

I think you need to re-visit your calculations Hallowed....

But is it £30m....

I would suggest nearer £40m as the three we know total £29.3m.

And that leaves two others announced without numbers?

Cathal once suggested that they would not RNS anything under £5m so I would suggest ORPH have at least another £10m contracted delivering close to £40m...

And how many have been signed this last three months under that RNS worthy number?

No real size, but great to see
17 buys
4 sells

Another week bites the dust until news.

What would you expect them to say?
DOT at $8.84 down from high of $54???
The NAV sits above 33p but the volatility is huge in these holdings.
And the 2nd issue is so much is locked up for one year or more.

Would be nice to see
- a current NAV
- Cash held whether tokens or Fiat
- Staking yield on a monthly or quarterly basis

The MM's are
0.0793 bid for 10,000,000 and
0.0753 bid for 12,500,000
Better

Share prices fall on net selling and the selling has been incessant.
Until that sentiment changes you will likely see further falls.

As for the company itself, all I want is further progress in the coming 18 months.

Yep - better day.
All buys bar the
- 2m at 0.0761 at 14.34 and
- 211,371 at 0.0729 at 08.54 on Aquis

Fingers crossed the buying continues.

https://audioboom.com/posts/8096655-john-clarke-of-gfinity-discusses-their-f1-series-extension-v10-r-league-finals

https://audioboom.com/posts/8096655-john-clarke-of-gfinity-discusses-their-f1-series-extension-v10-r-league-finals

Correct, RGO owns 19% and change plus also around 6m warrants I gather at 4p - if they have not expired?
The Pires deal is good on one point as the deal values each Pires at 51.61% of each Tern share - 8p at last nights closing Tern price of 15.50p.
The bad part is you hold shares in the more volatile Tern and get Trevor Brown for your troubles.

"Brandshield Systems jumped 17pc or 1.4p to 9.65p after Sir Terry Leahy revealed a 6.96pc stake. The former Tesco boss, who is Chairman of Morrisons among his corporate interests, bought shares in the cybersecurity company's £1m fundraising this week. Chief Executive Yoav Keren said the money means it can capitalise on 'a significant market opportunity'. Last month it won a contract with a pharma firm to identify threats, including fake pharmacies."

Gfinity PLC: Esports Solutions
5,431 followers
5 hours ago

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It was a cross.

Gfinity PLC: Esports Solutions
5,416 followers
40 minutes ago

RealSport101's Facebook strategy has seen some impressive growth this year, with the page growing by 633% in the past two months ??

This has a direct impact on site traffic, with a recent post covering EA's licensing battles with Konami yielding nearly 800k impressions and generating 90k visitors to the site ??

I disagree Girdz.
The shareholder has to complete a TR1 (or a TR2 if a MM or Custodian)
That TR1 is an FCA form that drives out a TR1 RNS notification which in turn notifies the company/issuer.
A company may well feel it necessary to email a copy of the TR1 to the company/issuer.
Bidstack were clearly aware of the holding as it is reflected in their investor section within there website.
The companies obligation is to reflect the significant holding within their website under Investor Information.

The Azerion two year agreement contractually commenced 1st March.
The programatic technology has been delayed for a variety of reasons. Nothing to suggest anything untoward.
Revenues yet to commence in earnest.
So, the clock is ticking as each week lost is in effect around 1% of opportunity lost?
That is why the revenues are again skewed to 2nd half…

Let's just clear up 'The Fundraise'...
Yes, the company will require funds this year.
It is a simple calculation.
Bids announced they had £7.1m in cash at year end Dec 2021.
The company may well (I have seen it happen) have held some costs/invoices back to make that number look slightly more positive, but we have no evidence to suggest that to be the case?
So £7.1m in cash...
We know costs have increased - even if just the director salaries being hiked - so Draper and Fran will lift costs by some £448k if you include salary raise plus associated benefits...
The company are continuing to hire rightly or wrongly and
Revenues to June are pencilled in at £2.6m (as opposed to £4.4m - which would be 50% of the 222 target number)
Then we can see the loss forecast for 2022 is £7.8m...
So the company has a shortfall and the cash burn to end June will be higher than 2nd half due to 'revenues weighted to the second half'.
Also bear in mind HMRC are reviewing all R&D credit applications for 2021 and may review 2020 and earlier on a government crackdown on claims - so the bonus of a cash windfall is less assured this year?
All in all, I would pencil cash burn until June to be higher than 2nd half - so let's suggest £4.5m loss to June with £3.3m loss 2nd half to meet guidance.
So the company is burning through £750k per month and that leaves £2.6m in cash at end June.

In summary, I would suggest the company start the funding process 1st July with a raise completed by end of August purely out of prudence...

Thoughts?

At 38.5p the shares are valued at a massive discount to NAV.
NAV seems to be around 67 - 70p.

I am attending this weekend. Looking forward to it as a great chance to get to meet and hopefully chat with some companies I am invested in.