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‘Saturday debate funding’ - sounds like the shorting anonymous committee’s agenda item.
thechancers you read TW blog’s who said 5 weeks so you’ve discounted you original timeframe by half. That’s not how you should assess assumptions.
Mathematically Bidstack had 5 months from Jan after sensitising with a 20% increase in run rate costs and after discounting revenues 100%. So now you’ve read that on a bulletin board and because I’m far more qualified than TW why don’t you implement this into your fickle funding calculator? If needs be I can turn it into a blog post to make it seem that much more authoritative.
Can I also suggest Sunday’s Shorter Anonymous discussion be called ‘Sunday debate AAA games’?
Wouldn’t want an unbalanced LSE board would we? It tends to drive people away from any kind of discussion. Alternatively you could do what Jilson has done and pop by for a peek and a real debate on the hTTps://Bidlievers.com forum and post your note into either the funding thread or the bear vs bull thread. You’ll also have plenty of research to help you with your Sunday AAA game discussion.
Who knows? If you guys got there quick enough you’d have been able to ask James Draper harder hitting questions - there were 27 questions from 134 members after all - shame.
Just seen Twitter headline, 5 weeks to save bids.
Share Prophets
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Just posted: Tom Winnifrith Bearcast: 5 weeks to save Bidstack with a bailout placing
Tom Winnifrith Bearcast: 5 weeks to save Bidstack with a bailout placing
In today's podcast I look at the overall marjet bloodbath asking whether we see capitulation and a buying opportunity or if things could get much worse. I look at Bidstack and the spped at which it...
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Ok, let's debate the elephant in the room. Investors of bids are blind to the outside world of bids and believe that the next good news RNS will be at 7am the following morning, we are now heading into march and what have we seen since the 30th September, 1 deal , 1 new part time advisory member, that's the positives, the negative is, the tech is not working the way it should and it's not bringing in the revenue that was promised. All the above is correct.
I personally thought that bids had money to mid July but the latest headlines from TW is 5 weeks to save bids. Now he is a far better person than me with his knowledge, so I am splitting the difference and I will say that bids will run out of money by the 3rd week of may.
Now looking at funding, the last round of funding was 12.5p based on the hype and the hype seen the share price rise to 36p. Now sentiment has changed to fear hence the share price sitting at 6p.
If placing is going to happen, the placing price will need to be lower than this price. With a 20% discount, so looking at 4.8p , now that's what I think, what do you think, am I wrong.
With this virus going around, this is making matters worse, people will only invest in a safe stock, so maybe JD who needs to raise up to 10 million to see them into revenue in 2021, the biggest issue is, if he cannot raise the money and needs to get a cln. Not sure that it would come to this, but it's the last resort.
Tw has been correct so far, so why could he be wrong this time. Let's debate.
By the way, you can copy and pasted this in the bids website, it should be debated.