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Thanks UrbanWolf. Agree these could be lucrative but with no detail how would anyone know? (BTW 7DIG hasn't signed a deal with Shopify - it signed a deal with Single, LLC which is a plugin app for Shopify that has about 30 reviews on the app store: https://markets.ft.com/data/announce/detail?dockey=1323-14398252-6PVCCTOS6EPIN2ARQ31JEHB1CO).
All I'm saying is, it would be helpful if 7DIG provided some details of the value of these contracts. Keen to learn more before buying - I don't like guessing.
Will be interesting to see how it unfolds. (BTW Directors didn't pay much for their skin in the game.)
ShareHunter, welcome aboard. The deal in January with Shopify could be lucrative, along with other contracts gained this year. We have no sight of the value, but Shopify is a significant partner to have. Better than expected 2020 results, this is likely to rise and fast from this level. 2019 results were said to be in line with expectation in January’s RNS, so not expecting any hidden surprises. Directors now have a lot of skin in the game with their approximate 50% concert agreement, guess they will be working extremely hard behind the scenes to ensure this is a success with the new structure and leadership. Costs have been streamlined. With only 2 negative posts to your profile, I’m guessing this perhaps isn’t news?
Don't go near 7DIG until you see financials! There's been no financial information for 10 months.
Their's a buying process at the moment, managed by a few companies. With the dismiss of MP3 and the onslaught of COVID19, streaming is more accessible, sounds good enough but who has the biggest catalogue. The tracks maybe widespread but are they worth it? It won't be long before we hear about it :)
COVID slowing plans down a little. No news, sp tends to drift down. Great opportunity to buy the dip imho
Can someone please explain why this share keeps on dropping if the company has supposedly turned a good corner ? Such a frustrating share t own ! Like most on Aim !