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As of late as well the additions have been non existent, what is the telesales team doing?
Tanya don’t give it about the delivery, if you call a restaurant and they do all three Dine in, delivery and collection then add them for all, or for just one if they insist
If you can’t entice them to join when it’s free what chance do you have when a subscription is demanded?
It’s time Dish got it act together as it could be the last chance!
You’ve been listening to JW too much daz.
I struggle to see there being a vaccine in October, we never have one for the common cold so how can we produce one so quickly.
Another positive worth considering imo ......
"When a vaccine is announced, in October, hot covid stocks will bomb & bombed out travel, leisure & hospitality stocks will boom"
Tanya BigDish has. It lived up to its expectations. Too many bumps and myself and other investors are overexposed and have no choice but to hold, they have failed to deliver continuously and we are sick of your ramping and subjectivity, just because they will launch delivery doesn’t mean it will succeed, there up against the giants who have the dominant market share and have large marketing budgets and resources, Dish need to get its name out there and really start to add thousands of restaurants just to have a chance of competing!
Incorrect, it’s the marker that doesn’t agree with the update, you refuse to answer the question if the LOI for whatever reason doesn’t go ahead, does Dish have a back up or another investor!
All a joke to you but the genuine investors are clearly concerned and rightly so, we want reassurance not ifs and maybes!
Hitt, I would email Aiden for more clarity on the funding
Yeab I guess it could be. Don’t think it will be the Covid loan wording doesn’t make sense for it.
Maybe annual report will spell out the funding in more detail
From what Iv understood the loan 500K is to keep the lights on till June 2021 and build the tech
If Dish meets the criteria by March 2021, the 5 Million investment will be made for international, if not Dish will go bust due to becoming insolvent
Now become a gamble, hence why the market hasn’t welcomed the recent RNS
It says high net worth individual, not cbil. It’s an investment not a loan
The benefits of the loan is to try and make the uk work.
If it works and dish do well in the uk then this can easily be 10/20x where it is today. If it doesn’t work then there is every chance dish could go bust.
Guess it all comes down to risk but I would say it’s 50/50
And in answer to your question bob, the loan is to keep dish going. The £5mil I imagine dish get something out to it but the provider of the £5mil will have the better deal as they hold all the cards
But either way dish won’t have international as the provider of the £5mil will take majority of that
This was my post the other day:
This potential funding is non dilutive in some aspects, but very dilutive in other.
Why do you think they are setting up the spv and ringfencing the money away from dish? What do this company get from dish in return? Will they be taking all the rewards of the international expansion? At the moment it is risk free for this company as they can just walk away
What rate is this £500k loan at? Is there a reason dish hasn’t mentioned? So much left out of the rns. Never get full truths with dish
Big one. I’ve raised the spv bit and bob wasn’t willing to answer me
Tanya they can only get as far as Q3 next year UK as no funds after this and loan repayments due
With results due this week I’d be surprised to see 3p
Don’t think dish meet the criteria
You need to show that your business:
would be viable were it not for the pandemic.
has been adversely impacted by the coronavirus.
If you want to borrow £30,000 or more, you also
need to confirm that your business wasn’t classed as a business in difficulty on 31 December 2019.
Dish have never proved this is viable and according to Bob they have benefitted from Covid
Could dish not be receiving a CBIL?
A tech company (total processing) has used an investment alternative lender (boost&co) to tap into a coronavirus business interruption loan for around £5mil (they are slightly bigger in size)
Dish are looking to help solve a problem which is hitting the hospitality industry and I’m sure I heard news of Rishi would help and assist those companies looking to support that industry?
The idea of funding in the rather distant future is still causing some, and even myself, to question how effective that will actually be.
You need to spend money at this phase to break into the market.