RE: Price16 Aug 2019 12:05
Klozza, after being demobilised they were rebranding their Facebook pages, and as expected that would account for dropped views as they build that back up.
They were also diversifying into other social media outlets to become less reliant on FB, again takes time.
The last 6 monthlies did contain a profit warning, and your post reiterates this point. So we know the year end results won't be that great.
They need to rebuild again and move forward next year.
The most annoying thing about bbsn for me is their lack of information issued to shareholders, if there is good news, let us know.
I'm out of here for the moment, but looking to reinvest here shortly I believe.
But so far this has been a poor investment, 50% of what is was a few months ago and with the viewing numbers you have posted and the profit warning issued recently and knowing the year end accounts will be poor, what do we think the catalyst will be for a material share price increase?
Sorry on phone so not proof read, ignore typos!