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I am disappointed that the share price hasn't gone up with the addition of so many quality restaurants to the platform.
Okay, there is the argument that Big Dish are not charging as yet so they are not creating revenue but the market should still be reflecting the big increase in numbers. For example, if a company is exploring for oil or gold or whatever and they get lucky then the prospective asset will see a huge increase in the value of the company even though it may be years before production and any revenue. Nearly 1500 restaurants make the platform worth far more than when there were 200 last week.
Also, the share price should be reflecting the superb quality of these new listings. Previously the platform has struggled to add quality restaurants and has been full of tea shops, fish and chip shops and a lot of Indian and other various foreign cuisines. I do not have an issue with foreign cuisines and variety is fine but the truth is that a Nepalese, Sri Lankan, Jamaican, Thai, Turkish, Vietnamese, Malaysian, Lebanese, Korean, etc restaurant is not going to be bringing in the same number of customers or get as many people using the App/website as a Harvester, Toby Carvery, TGI Fridays or Pizza Hut. These big household names will make Big Dish a success far more quickly than the single independent foreign cuisine outlet.
Also, I do not feel that Big Dish need to get involved in whether any restaurant groups have hard times or go into administration. All of the groups that have gone bust so far this year have been quickly bought out of administration and are back up and running, mostly with the same staff. These are now prime targets for the Big Dish App/website.
Yes, I am truly confused and disappointed with the lack of a share price rise. Let's hope it starts moving up soon.
Just had a message on my phone "Big Dish now has over 2000 restaurants to choose from" with a link to the App. I counted 1448 yesterday and as far as I can see the number is still the same. Not sure where the other 550 are.
Art I had that notification too! Has anyone updated the count today? I don’t get why the SP is still drifting though
I counted them alphabetically and have my counts. I have rechecked some of the smaller letters and London and the numbers are the same - or very near anyway. Actually London is now 234 against the previous 229 so maybe there are a few more than yesterday. There may be a few more on overall but I wouldn't say 1500 as yet.
Who receives the notification those signed up to dish or those who have it downloaded?
Those who have the app downloaded Jsmith
I have it downloaded, no message
Jsmith you have to of had it downloaded and notifications turned on, now they have done it you won’t be able to see the notification, surprised it hasn’t lifted the SP at all :/
When was funding announced Tanya ??
I would have liked to see the share price rise here if only to reflect the sheer quality of the new restaurants added to the platform.
Anyway, while Monday was a share price drop day for the restaurant sector, probably in response to news articles about the risk of further lockdowns, the last two days have seen rises in the sector, with Restaurant Group, Marstons, and Mitchells and Butlers, etc all rising up to 10% over the last two days. It's time Big Dish started to move up too.
how can funding be announced soon when sp is 2p?
Tanya you said funding was announced, so have you got information to back up your claim, yes or no ???
Tanya thinks it will be 10p when funding is announced
how can it go to 10P?
if funding's announced at current sp level it will drop further as big dilution @ 2p
The funding cloud is the only thing holding this back
I don't understand why it hasn't been sorted by know.
The longer it plays out the the more dangerous any investment here becomes and any potential deal gets worse by the day imo.
They have also added to there FB story today!!
On holiday can someone give quick update as Mrs will kill me for looking at shares lol
Apparently over 2000 restaurants including pizza hut, Miller & carter, Toby Carvery, All Bar one etc
are they buy's or sells going through?
Minus 10 restaurants in Aberdeen, which are going back into lockdown for a while:
https://www.bbc.co.uk/news/uk-scotland-53666665
Localised lockdowns shouldn't hamper the share price.
You do wonder...........is 2.2p a good selling price or a fantastic buying in price
I know what Tanya thinks, and I know what Greenspan thinks
Guess I'll hang on for a bit, though it really does need to get going
I have no cash in my account to check is 2.20p the buy or sell price?
Obviously it's a good buy price. We were at nearly 5p back in February with only 600 restaurants, a lot of which were small independents. Most of the trades have been buys today but the volume is tiny.
All of the restaurant chains were up 10% yesterday and are up another 10% today. We are falling behind.
Another phone notification so Aidan is trying his best but still only down on the SP need further news to move anywhere