RE: Counter ramping narrative4 May 2022 11:17
When Alan Ngai left BIDS he openly called the rest of the directors "crooks"
When John Mcintosh, the ex CFO, left unexpectedly last year that should have rang alarm bells, even more disconcerting now after checking his LinkedIN is that he has deleted any reference to ever working for BIDS from it.
Very weird - anyone have any thoughts why this may be. Are we missing something (other than who the mystery AAA publisher is).
Nina Mackie also appeared less than enamoured with Bids when she left.
CEO James Draper had a whopping great payday when BIDS RTO's into the SPAC. He subsequently then went onto dump a big number of his shares in the company, effectively being paid out again. Now we find he has treat himself and his mate to a 110% payrise thereby being paid out a third time from BIDS!!
Has he delivered shareholder value or a profit making company in that time to justify this rise, clearly not.
How do people feel about the above? Is anyone wanting to debate the points or are long term holders berrying there heads in the sand praying the future won't be as bad as the past.
Perhaps one reason they keep trying to disrupt this post and get it deleted is because they dont want newbies seeing it. They prefer an echo chamber here where the future is amazing and every day, every price, is a good time to buy shares.
Currently trading at over 10x sales, losses increasing year on year and BoD confirming need for a fundraise by end of the year I would argue there will always be an opportunity to buy BIDS shares cheaper.Because this post keeps being disrupted I will continually repost. Lot underwater here and desperate to hide some of these points from newbies which i wont allow