Esports company Gfinity (LON:GFIN) has secured a fundraising of up to £1.5m at 0.15p a share. The cash is required for Gfinity to push ahead with its strategy. The cash should last for 12 months. Technology platform Athlos still requires a strategic partner and there is enough funding for this for around four months. If […]

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Gfinity (LON:GFIN) will require more cash in March so management wants to raise £1.5m via a share issue. That will finance a corporate restructuring, invest in Athlos and reach breakeven. The share price slumped by 0.1p to 0.25p a share. Last March, the esports business raised £2.7m at 1.25p a share. That took the amount […]

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Gfinity (LON:GFIN) is an example of how a growth market is not enough to make a business profitable. The esports business is raising a further £2.7m at 1.25p a share. This is a tiny proportion of the cash the company has raised since joining AIM at the end of 2014. The placing price is a […]

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It has taken more than two decades but fully listed Highway Capital (LON: HWC) has finally found a suitable reverse takeover target. Originally known as Superframe, the original business manufacturing retail display equipment was sold to its management at the beginning of 2001. That was when the name was changed to Highway Capital. That year […]

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Esports is a fast-growing sector and Semper Fortis Esports has the management experience to exploit that. However, quoted esports companies have so far failed to show that esports can be a lucrative investment for small investors. Gfinity (LON: GFIN) has promised much for many years and has eaten up millions of pounds without making a […]

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Gfinity (LON:GFIN) should be prospering because of its exposure to the fast-growing esports sector, but it is a long way from being a success. Over ambition and a failure to run the business to generate cash have led to the departure of the chief executive. This has happened one week before the interim figures are […]

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Frontier Developments PLC (LON:FDEV) have told the market they have won the licence for a new Formula One game. The video game development firm said that its future confidence has been reinstated as it signed a multi year gaming licence along with two third party publishing deals. Following the signing of this deal – the […]

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Blue Star Capital PLC (LON:BLU) shares have dived on Thursday afternoon, as the firm published its’ full year results. The firm reported that its’ net assets had fallen, as the esports and gaming markets described as ‘a year of consolidation’. Blue Star noted that net assets were 4.6% lower totaling £5.2 million compared to £5.5 […]

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