FoggyIsle.XYZ | Market's view on Getbusy

Stock watchers observed a significant interest with 442,030 total trades, predominantly buys, except for an initial sell of 10,030, with the majority of buys in 25k lots.
A financial update confirmed by RNS regarding the upcoming fiscal year results, including projected revenue of GBP 21.1m, adjusted EBITDA of GBP 0.7m, and a forecasted adjusted loss before tax of GBP (0.8)m.
Concerns are raised about the company’s share price continuously drifting downwards, with no clear resolution in sight.
After the release of anticipated results, there was a notable drop in share price by 11.5p, reinforcing the pessimistic outlook for dividends in the near future due to high cash interest payments.
The company is described as still engaging in cash-burning activities despite generating revenue.
The publication of half-yearly results was slightly delayed, yet expectations were met as per preceding announcements.
A significant volume of shares exchanged hands in a short period suggesting institutional activity, possibly indicating ‘institutional swapsies’.
There was an unexpected increase in trading activity with numerous but small trades, hinting at possible exposure in a financial publication or platform.
A positive indicator was noted with the company trading in line with expectations, although publication of results was delayed compared to the previous year.
Stock watchers discussed the impact of no dividends and the availability of interest on cash deposits as contributing factors to the downward trend in share value.
The company announced another partnership, suggesting efforts toward strategic alliances and growth.
Speculations arose regarding the company’s main banking relationship, especially in light of issues surrounding Silicon Valley Bank, urging the need for official clarification to reassure stakeholders.
The company secured a loan, which was perceived as a well-timed strategic move, especially considering the banking turmoil with Silicon Valley Bank.
General anticipation and requests for insights were evident among stock watchers, highlighting a community interested in detailed analyses and future projections.