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An update from Gunsynd ( (GB:GUN) ) is now available.
Gunsynd PLC, listed on AIM under the ticker GUN, has successfully raised £30,000 through a Broker Option by issuing 25,000,000 new ordinary shares at 0.12 pence per share. Each participant in the Broker Option will receive one warrant for every two shares subscribed, exercisable at 0.2 pence, with a total of 12,500,000 warrants issued. The new shares are set to be admitted to trading on AIM around 23 July 2025, increasing the company’s total issued share capital to 1,487,245,222 shares. This move is part of Gunsynd’s strategic efforts to enhance its capital base, potentially impacting shareholder interests and market positioning.
Spark’s Take on GB:GUN Stock
According to Spark, TipRanks’ AI Analyst, GB:GUN is a Neutral.
Gunsynd faces substantial financial challenges, with persistent negative revenues and cash flow issues, which are the primary factors influencing its low score. The technical analysis suggests mixed market sentiment, while the valuation remains unattractive due to substantial losses. However, recent corporate events, including investments in promising mining projects, provide some potential upside if these ventures are successful. Overall, the company’s financial instability overshadows its strategic investments, resulting in a cautious outlook.
To see Spark’s full report on GB:GUN stock, click here.
More about Gunsynd
Average Trading Volume: 9,489,684
Technical Sentiment Signal: Hold
Current Market Cap: £1.17M
Find detailed analytics on GUN stock on TipRanks’ Stock Analysis page.