RE: Placing date & amount details28 Apr 2022 09:42
All this talk of big money coming in smart money loading up is wishful thinking at best.
What the big smart money do is wait for the turnaround to be seen in the accounts. What they don't do is read the story and get all excited and plough in, in the hope the CEO delivers and given this CEO's track record along with many MANY AIM crook CEO's I can't blame them.
So sorry but no. There will be no share price rally or big money loading until
1. The thorny issue of funding is sorted
2. The accounts show proper turnaround and that means full visibility of deals including mystery AAA publisher.
I see SP falling then a placing i have said this before.
Ceo draper took huge payday when BIDS rto into the spac - SP subsequently dropped
Draper sold a nice chunk of his shares after the listing - sp dropped further
Draper oversaw numerous placings but didn't take part himself - this diluted existing shareholders causing SP to drop.
Draper hid profit warnings, lowered revenue targets then missed them, SP dropped.
Chief Financial officer left.
Director Alan Ngai left calling BIDS Board crooks
Draper treats himself to a 110% payrise - share price drops
Now, will there be another placing and share price drop, given not only the history here but the fact BIDS categorically state it in their own report or will this go to the moon because big money is desperate to load up?
Great story, shyte run company - standard for AIM