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Gfinity – shares soar on interims announcement, but is it really now “well positioned”?

By Steve Moore | Tuesday 19 March 2024


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 Gfinity (GFIN), with the shares down to 0.06p in November I questioned how ‘significantly’ a disposal improved its financial position. The shares had since fallen further, to most recently 0.0325p, but what about them currently back above 0.05p on results for the company’s half-year ended 31st December 2023?

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