Joining dots24 May 2022 19:19
CEO gets huge payday when BIDS RTO's into the SPAC
Sp drops
CEO sells large chunk of shares getting paid out again
Sp drops
Fundraise after fundraise
Sp drops
CEO doubles his salary
Sp drops
CFO leaves unexpectedly & hasnt been replaced to this day
Sp drops
Bids post lofty revenue targets, lower those targets then miss them.
Sp drops
BIDS specify in annual report they will run out of cash this year. At AGM today seek approval to have a placing
Chart looks shjte, revenues all... second half weighted, H1 numbers will be shjte, Admin costs going through the roof cancelling out any uplift in revenues
Sp is more likely to rocket or drop in the short term? Honestly take ur. blinkers. off. These markets ARE BRUTAL and these are overvalued