By Steve Moore | Friday 23 December 2022
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Previously writing on company which describes itself as “a world-leading esports technology and media business” Gfinity (GFIN), in March with the shares at 1.425p I noted interims, the equity raise “for working capital purposes”?, concluding continue to avoid. Now it announces results for its year ended 30th June 2022 headlined “Continued progress on path to profitability”. Why announce the results now, at prime no one watching o’clock, then?
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