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Click on your posting history and ask yourself this question... what am I doing with my life ?
Dear oh dear man, don't get your y-fronts in a knot. I'd obviously like to see Bidstack making massive profit and winning huge contracts, but i just can't see this happening. Draper is to Bidstack what Corbyn was to labour. Surely there's someone better for them to have at the helm, that would be a move forward in my opinion for a kick off. There will no doubt be another dilution too. You can dream as much as you like about these growing like John Holmes's gentleman's sausage and I'll be the first to congratulate everyone involved IF this comes to anything whatsoever. You'll see.
Why rewind 12 months? Because thats when he did do regular podcasts? How about looking at the most recent relevant history like the last 6 months when he has virtually said nothing? Because it doesn't suit your narrative? You said stop time for him to stop talking. He hasnt been talking, and thats a fact. In stark contrast to yourself who feels the needs to make negative comments usually daily, and more often than not several times daily.
I asked you the other day what you hope to see from Bidstack this year. Other than 'profit' which is a glib answer, what are the things you want to see them deliver that will help them achieve that? No answer. Are you too scared to say anything forward looking in case it happens? Would give you nothing to moan about day in, day out? You like to take the pi55 out of people who talk about what might happen, or speculate about the future but you literally bring nothing but negativity to the table. Complete cop out.
Blimey martbmth, you must have a either a very short or selective memory. Rewind 12months and start there...then tell all the boys and girls just exactly what Draper has achieved. I think you'll find he has delivered nothing apart from excuses and a share dilution. They aren't the kind of things that will do us a lot of good unfortunately.
Think you're the one talking shyte, Helx, he has done one interview, with Proactive, in 6 months. You'd struggle to find an AIM CEO who has talked less. Damned if he does, damned if he doesn't.
Agreed Girdz. Draper is absolutely great at talking (shyte)...but has delivered absolutely nothing so far.
You having a laugh is right.
Perfect entry point now for people to take a punt on success for Bids.
Me, helx, the chancers and others (I only named the ones moaning - me included) need a multi bag form here to break even.
Any snippet of material news eg a free well known battle royale game, then I think we are off at the races.
Yes may need some more funds, but of everything is going in the right direction at least it won’t be at 4p.
Down to Draper and Team BIDS to stop talking and deliver
Greenspan, position sizing is critical.
As for share price vs fundamentals, sp was way too high vs fundamentals.
Look over the chart, it has happened before too.
It will happen again and could be on steroids if they get a few news pieces right.
It's a speculation, position sizing matters.
They might develop a sustainable model that rises and doesn't look back. The potential us there. Certainly the potential is there for a much higher sp even if it doesn't finally stand on it's own 2 feel.
helx, you bought high at the wrong time.
The rear view is tainting your feelings.
Recency bias etc.
Looking through the windscreen looks much better imho.
5.5m should take them through til next May, plus anything they can bring in on top could extend that. I'd bet vast majority of companies on AIM can't offer any more security of no further fund raise for that period, especially after Coronavirus. You're seeing plenty of FTSE companies raising funds right now too, or cutting dividends
At the end of the day, if you don't like the risk reward, don't invest here or sell up and put your money where you think you can get better returns.
Just because they “need” a much higher share price doesn’t mean that they will get one. That will only happen if people see value creation in the future either from revenue generation or from a bigger player takeover. Funding is secure until early next year so no need to worry about dilution yet and if they can prove the tech (which is excellent and world leading) can draw in the advertisers then great.
If you bothered to read my post you will see that I think its worth a punt. But most can’t read either a balance sheet, and RNS or a postS. When I said here a few weeks ago that they needed money and that a fundraising would come at a massive discount with massive dilution, all I got was abuse.
Buying one share on the back of what has turned out to be nothing but utter krap spouted by the CEO is too many unfortunately Mr laugh.
Btw, anyone think a company in the position of BIDS Zwont need to raise before take-off is too inexperienced to be here.
Doesn't mean it's going bust, doesn't mean it cant be a mult-bagger, does mean you dont have a clue.
BTW, time to sustainable growth and revenue is accelerated by access to cash.
Don't like the risk/reward then move on.
I think it a steal at this price and worth a small allocation.
Position sizing matters.
If you over did it that's not the company, that's you.
If they need more money, guess what else they need.
A much higher share price.
It was in the broker note that funds would need to be raised. The target share price was even massively reduced to reflect that. I believe James Draper talked about the need to raise funds early in the year too.
We were told every month from certain commentators and posters that they had run out of money, even what we can now see were blatant lies that they were in the process of placing shares. This went on nearly every month from December through to June when they actually did, which was long past when most people predicted. They were never going to give advance notice of a specific date to raise for obvious share price reasons, most companies keep it highly confidential so lets not pretend its somehow unusual or underhand. I'd have been alarmed they did.
Its up to Bidstack now to start telling investors what the plan is in H2. The AGM RNS hinted at some exciting things and that they are confident in hitting targets this year. But hints won't move the share price. There is a void of information that needs to be filled, we can see already some people starting to panic and it's only June. Silence didn't end well last year, and people understandably have that fresh in their mind. Some people will knock and twist whatever is said, Bidstack just have to take that on the chin and get on with it, and put their head above the parapet a lot more on the investor relations front.
Exactly Greenspan. They will need more funding. Game over.
The revenue projections are £1.5m for this year and £9m for next year. Their op costs are over £5m a year, soo however you skin the cat they will need another massive fundraising in Q1 next year.
JD has failed to make any inroads into increasing revenue and that’s been during the time that he has been saying that advertisers are looking at the gaming sector even more than they are at the moment. If he fails again in making their meagre target for this year it means that they will be unable to make the whole concept work. No second chances.
Price is consolidating around the placing price and I can’t see many flipping at much lower and PIs are mainly trapped in at this level and won’t want to sell for a loss, so limited downside at the moment. Make the revenue target and there’s a good chance of a good upside. Balance the Risk reward and its worth a punt, but I wouldn’t put my life savings into it
Certainly not Fomo Girdz. I'm just amazed so many people think it must be going ok, simply because Draper says it is. The fact that there was 2months between him telling us that we're in a situation where we don't have to raise immediate funds and then raising funds and diluting the shares would make most people invested here (like me obviously) very concerned. Do you think that at the end of March he didn't know that they would need to find some money from somewhere in the near future? He did say immediate funds....but come on man! Wake up.
If you've accepted it, why go on and on and on?
You need to get over it more like.
Why don’t you just see what you have then helx?
Ive accepted I'm not going to see my money invested here again. I suggest you gents do the same.
He can’t coz he hasn’t got any! Very likely he still left his shorts open when others are closing, just being greedy I suppose lol
Then sell your shares Helx.
Oh right bernie. So we'll just wait for Draper to tell us next January that everything is going incredibly well and that immediate funding won't be required. Then it'll either be MORE dilution....or good night Vienna.