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tinyBuild – “rapidly evolving market… reversal of market dynamics”. I bet that possible combination was not being emphasised on the 2021 IPO roadshow!…

By Steve Moore | Tuesday 5 December 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 video games publisher and developer tinyBuild (TBLD), in September with the shares heading back towards 8p on the back of “pleased to announce” interims I noted what about the massive loss and cash burn?! – and concluded I retained cash burn concern. The shares most recently closed at 6.125p and what of now a “Trading Update and Litigation Settlement” announcement… and the shares currently at 4.5p?

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