Re: VOLARIA (+1) + UCHAŃSKI + COFAŁA

Detalion Games S.A. (→ Volaria AI S.A.)
90‑day performance: +75 % (1.04 → 1.85 PLN)
Price action

• Started April at 1.04 PLN, peaked at 3.24 PLN on 12 June (up from 0.99 PLN the previous day)
• Massive volume spike: 179 000 + shares on the peak day
• Corrected and stabilised between 1.80 – 2.50 PLN
• Mid‑July price around 1.85 PLN

Trading activity

• Total volume: 2.44 million shares over 90 sessions
• Transaction value: ~5.3 million PLN
• Highest single‑day volume: 459 000 shares on 4 July at 2.16 PLN

Transformation

• July 2025: Volaria sp. z o.o. acquired a controlling stake
• Full pivot from gaming to AI solutions; rebranding to Volaria AI

Catalysts

• Early‑July rumours of Movie Games exit and Volaria entry lifted price from 1.80 to 2.50 + PLN
• 9 July takeover confirmation pushed price to 2.48 PLN
• Profit‑taking and lack of fresh news pulled price back to 1.85 – 2.00 PLN

Outlook
High‑risk, high‑reward AI transformation. A breakout above 2.50 PLN on strong news or contracts could extend gains; a drop below 1.50 PLN would caution that hype is fading.

Garin S.A.
90‑day performance: +232 % (1.26 → 4.18 PLN)
Price action

• Rose from 1.26 PLN (April) to 4.88 PLN (mid‑June)
• Closed at 4.18 PLN on 17 July

Trading activity

• Total volume: 463 000 shares
• Transaction value: ~1.6 million PLN
• Peak activity May – June (up to 70 000 shares / day)
• Sharp liquidity drop in July

Events & drivers

• 30 June: shareholders approved a company‑name and statute change
• No strategic plan, filings or contracts released
• Rally appears purely technical: breakout above 1.50 PLN in late May triggered momentum; profit‑taking set in mid‑June

Outlook
Speculative momentum play with no current fundamentals. Consider entry only on a break of 4.50 – 5.00 PLN with strong volume; a close below 3.50 PLN signals waning momentum.

Di Volio S.A.
90‑day performance: +42 % (1.09 → 1.55 PLN)
Price action

• Traded 0.96 – 1.20 PLN for most of the period
• Jumped from 0.96 PLN (26 June) to 1.55 PLN by 17 July

Trading activity

• Very low liquidity: 80 000 shares over 90 days
• 27 000 shares traded on 17 July
• Transaction value: ~100 000 PLN

Company restart

• January 2025: operations relaunched after inactivity
• Sporting and leisure goods under the di volio brand

Catalyst

• 16 July 2025: Q2 sales of 7.25 million PLN; year‑to‑date sales 8.65 million PLN
• Market responded with the first meaningful price surge since relaunch

Outlook
Turnaround narrative with growth potential. Attractive accumulation at 1.20 – 1.30 PLN; a clear break above 1.60 PLN could target 2.00 PLN. Stop below 1.00 PLN. Watch Q3 / Q4 results for confirmation of improving margins.

Ranking (based on risk‑adjusted appeal)

1. Detalion Games S.A. — AI‑pivot story with solid 90‑day gain and clear strategic buyer.
2. Di Volio S.A. — Early turnaround signs backed by fresh sales figures.

3. Garin S.A. — Largest price move but driven mainly by technical momentum, not fundamentals.