On a serious note though anyone given any thought to the financial health of tally Now?
How will then raise funds in the current climate? Will VCs be willing to punt still? Maybe a saving grace is the field tally is in is perfect for this market. But will they invest? Can they raise money elsewhere? Will cowboy and MJ Trump up more cash to keep it afloat?
If we can't raise money this company will close. We know they're tightening their belts already. What we don't know is figures as they are secret!
We need word from the company how they are going to get funds in the current market.
Some solid info would be amazing in the RNS. However as we haven't to date had any details about user numbers or how the business is actually doing I'm not holding my breath for this one.
More of the same, nothing to see here will be the order of the day.
Unfortunately that light at the end of the tunnel has always been CPs car shining the headlights at us rabbits in the road keeping us trapped and transfixed while he flattens us all.
Tally needs to up it's game marketing wise. Stop with the nonsense tweets and get a clear message out that people need to move money into tally to get returns and protect against the inevitable inflation that this is going to cause.
But no. More silly posts about nothing no doubt...
Avoiding all shares for now but eyeing up a few. Nothing in particular yet as all are down but the travel companies that have been hit the hardest should prove to bounce so long as they don't fold in the meantime.
Outside of that cheap energy stocks imo but again once the crisis is over due to oil price for likes of shell for example.
What's quite annoying more than anything is the money locked in here would be hugely useful to buy up cheap stock in QUALITY companies after this is all over.
But instead it's trapped here with inept management earning no divis or growth.
Brilliant isn't it. Could have and should have been on market last year.
But we have a graduate marketing expert in her first job here!
Surely it just has to work??!
Honestly though it's always been a bit iffy since CP came out and said he expected this to just virally take off his word of mouth and social media. Don't think he had any clue of plans how to market it any other way, and is still trying to make it work like that when it's plain to see it isn't working.
Targeted ads?? Random tweets? Come on. Get real CP. It's a joke.
Going to be loads of bargains when the dust settles. And many casualties going bump no doubt. Only quality companies as bargain prices when all said and done will be left.