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Gfinity – from a claimed “world leading esports solutions provider” to “closing down its Esports division” (and more) within 4 months?!

By Steve Moore | Tuesday 6 June 2023


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 then describing itself as “a world leading esports solutions provider” Gfinity (GFIN), in February with the shares down to 0.16p I noted hopefully my prior warnings were heeded as here’s the (significantly discounted, natch) bailout equity raise, concluding still cautiously as this business doesn’t tend to go to plan. So what of now a “Disposal and Business Update” announcement?

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