Member Info for bigbadbob79

Market cap already priced for a lot of good news/contracts. Still no visibility of actual revenue. Hence muted market reaction - no reason to suspect that todays announcement will encourage lots of buying because:
It was expected
There's no clue as to actual revenue or timescale of that revenue
Company already highly priced, so a small disappointment could have a big impact on price.

In summary, lots of downside risk and todays announcement doesn't really help build confidence to the upside further than it already has built.

Very low volumes. I woudn't say it's tanking. I've taken my position ready for the next trading update, quite confident here.

What's going on here then? Up 50% on nothing.
Leaky leaky? Pump & dump?

Yep. Actually I think support held today, as it's closed just above where I think support is.
Be interesting to see what happens tomorrow.

Depressing. In at 92p months ago and have watched a significant profit dwindle to a loss.
Not sure what to do. I think I'll sit it out. The company is much further forward that it was when I invested and nothing has changed other than sentiment.
One thing I don't like is the number of "Poddars" on the board and in management positions, and the market has obviously taken the recent acquisition of a Poddar owned company badly, for good reason IMO.

Exactly! Good buying opportunity right now.

Bought a few here this morning. Price has weakened over the summer which is at odds with trading that can only have improved wince the last update, continued roll out of site. This this will do well over the next few years. Will continue to add to position unless the story changes.

Yep, I did research it quite intensively when PrimaryBid invited me to participate in the IPO, as I thought it sounded interesting. I didn't like the numbers and found myself shaking my head whilst reading a lot of the supporting stuff regarding strategy.
The £5m cash will soon be burned through and then they'll be back to the market for more money.
I wouldn't touch it even at this level.

It's a dog's dinner. Has never made a profit and will never make a profit.
I've slated this one from the start, and to quote a certain market commentator, this has a true value of 0p.

I wish I'd shorted it!

Also wearing a snorkel. Sold a lot of my position yesterday to recover half my capital. So of course it's up 5% today. I only need 3 bags to recover the remainder of my capital. FML.

Jeez. The "strategy" here just gets even more muddled. IPO prospectus bangs on about the uniqueness of their offering not requiring refrigeration. Now they deice on a whim to start doing chilled ready meals! Why on earth would their target demographic (or anyone for that matter) order for them when there is a massive choice of chilled ready meals available to be delivered to your door from the supermarkets - to suit every taste an budget.
Still burning through the cash, how long till there's a placing to keep the lights on?

Because its 8% more shares and the price ahs increased 8% since he (re)bought. It's not rocket science. But it's also just speculation.
I was minded to sell half my holding when it bagged for me, it never quite got there but I took my original investment out this morning for a free ride from here. I may add again if there is significant price weakness in the coming weeks.

I'm well underwater here and it's very depressing looking at the share price drop day after day. I wish I'd paid more attention in the summer and sold up at a small profit or small loss.
Really unsure what to do here now. I don't want to crystallise a huge loss, but I also can see this heading lower until/unless the market gets excited again.

When do we expect the first dividend declaration?

Bitcoin will never be used for small everyday payments like McDonalds etc. Transaction fees are too high and transaction times too long for that use case.
That sort of use requires something feeless and instant like Nano, or just the debit and credit cards we already have.

Yes it did. It didn't close in the 40s but intraday it went there on a couple of occasions.
Oh, and I haven't actually tried to tell anyone to sell despite that accusation being levelled. Merely posted my thoughts as to the recent developments.

Foreverfalling.
Yes.

Will keep my eye on Dev and if the investment proposition becomes clearer and the price attractive I might buy again. But there's too many question marks for me at present and a share price that I think has run some way ahead of events (that rapid rise was why I top sliced and sold when I did).
Love it how the self proclaimed BB police reckon only holders are allowed to post here. Don't like dissenting views from their ramping, but closed thinking like that rarely leads to long term success.

Yeah, sold out *completely * in the 30's having top sliced in 40s.

$50m of 'revenue' for what, given Aldebaron does not appear to be what the RNS implies it is? The first year revenue is given back to them in shares, more or less... Unusual to give your 'customers' a share in the business equivalent to revenue, don't you think?

nomura, you really flatter me by suggesting little old me can have any influence over the SP at all :).
I bought soon after IPO, and was then absent for the markets until January of this year. I'd forgotten all about my DEV shares and remembered about them when I lagged back into my share dealing account. Happily rode the wave. Then I started actually looking at the business again, and couldn't really understand where the value was or what the business was trying to achieve. I confess I don't understand the VR ed tech careers thing at all. So when it looked like it had topped out I sold a few, and sold the rest as we dropped through the 30's. Quite happy to crystallise the profit. I toyed with the idea of buying back in if it got to 25p-ish, based purely on sentiment and it obviously being a popular stock but I was busy with other things at that point and missed the boat. So yes I was disappointed I'd missed the opportunity to buy at 25 and sell for another profit later, but then I scrutinised the Aldebaron thing rather than do what many do and listen to the rampers. Someone said "Aldebaron woudn't spend $50m if they weren't confident". So I wondered, who *are* Aldebaron, as I've never heard of them and isn't that a bit strange if they are what they are said to be?
And I didn't like the deal terms where the first year "revenue" is recouped in shares, and depedant upon share price significant chunk or all of the future revenue is given back in shares. What product or service is being provided? What recourse does DEV have if the revenue doesn't come as promised?
So I quickly was no longer disappointed as I now truly don't understand WTF this company does, and specifically what this deal does for DEV shareholders.

I have no agenda for a re-entry because I have no intention of re-entering unless something fundamentally changes and we see some actual progress, some actual revenue and some actual real world results.

But I'm as entitled to espouse my views as the rampers. You don't like that, tough.

Best of luck with your investment.

Womo. You won't find anything on Alderbaron because it's not a company. I think it's a private family office.

Nomura. Please show me where I have used the word "fraud".