RE: People on here24 Dec 2019 09:12
you would be happy with that RNS because it suits your narrative... the agreement is simple to analyse really. Bids are accounting in such a way as to say they are going to be getting a huge cake and that everyone should celebrate it and invest.
What their narrative omits is the reality that it isn't their cake that is being delivered, it is a cake of which, many large slices aren.t actually theirs; the majority isn't. Entirely legal of course its just a way of accounting.
But hey lets not say that our revenues will be made up of small margins as a middle man as people may be disappointed with that sort of narrative, so we will pump it up like the CEO did all year with interviews etc before he sold some of his holdings. Holdings from where? Oh yes everyone thinks he has skin on the game but examination of the history of Bids ltd records provides answers there alongside the details on the history bid ltd in the admission document.
Now where is the CEO now? Funny a change in behaviour now he has been forced to change the narrative, no sign of him whereas he followed every RMS up until Sept with interviews and comment.
I know the narrative very well, oh 'we are keeping our heads down and cracking on' . so, a narrative is what you want it to be and mine is to cut through the bull and examine it all. I don't know where the SP will go, I don't know if the company will be successful or not. But I do know there is a lot of smoke and mirrors that suits peoples agendas.. For me that is enough and as such I will continue to be cautious sceptical and very very cautious... all the best
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