Member Info for Hitthattarget

Yes.

And dish has now hit that support level. Key is which way it moves from here

From a technical analysis point of view, seeing as trendy is no longer posting these (I’m sure he used to), dish is about to hit a support level.

If dish breaks below this then the price could start moving quickly downwards.

If however, it hits the support and bounces off it then dish is likely to rebound back up to the recent resistance of 2.4 and try to test that

I’m saying dish will be in trouble if they don’t prove the concept and don’t manage to get the $5mil.

That would be because the share price would crater on news that the $5mil has not beeen achieved and chance of raising in the market at that point would be difficult.

But I also said if they pull this off then they do well. It’s in dish hands now.

And Jay. Dish aren’t putting in $20mil.

The spv is set up to have the $5mil put into it. This is then to fund international expansion. Dish will receive 80% of the revenue generated from this whilst the investing company will get 20%

I think that’s the point trump, if they can prove the UK works and make it profitable by June then they get the $5mil to go international.

At that point in June, they convert the loan to equity and are cash flow positive in Uk.

If this doesn’t pan out then dish won’t get the $5mil and they won’t be cash flow positive, and will be in trouble.

And those of you critiquing me for wanting more information on funding, proves they didn’t give enough information.

Good news on the spv as dish will own 80% of it which is a decent chunk more than I expected (obviously if they meet the criteria)

And they won’t have to pay the loan off as they can and likely will convert to equity, not sure what price will that will be but it will be dilutive but not hugely I imagine

You’ve been listening to JW too much daz.

I struggle to see there being a vaccine in October, we never have one for the common cold so how can we produce one so quickly.

Yeab I guess it could be. Don’t think it will be the Covid loan wording doesn’t make sense for it.

Maybe annual report will spell out the funding in more detail

It says high net worth individual, not cbil. It’s an investment not a loan

The benefits of the loan is to try and make the uk work.

If it works and dish do well in the uk then this can easily be 10/20x where it is today. If it doesn’t work then there is every chance dish could go bust.

Guess it all comes down to risk but I would say it’s 50/50

And in answer to your question bob, the loan is to keep dish going. The £5mil I imagine dish get something out to it but the provider of the £5mil will have the better deal as they hold all the cards

But either way dish won’t have international as the provider of the £5mil will take majority of that

This was my post the other day:

This potential funding is non dilutive in some aspects, but very dilutive in other.

Why do you think they are setting up the spv and ringfencing the money away from dish? What do this company get from dish in return? Will they be taking all the rewards of the international expansion? At the moment it is risk free for this company as they can just walk away

What rate is this £500k loan at? Is there a reason dish hasn’t mentioned? So much left out of the rns. Never get full truths with dish

Big one. I’ve raised the spv bit and bob wasn’t willing to answer me

With results due this week I’d be surprised to see 3p

Don’t think dish meet the criteria

You need to show that your business:

would be viable were it not for the pandemic.
has been adversely impacted by the coronavirus.

If you want to borrow £30,000 or more, you also
need to confirm that your business wasn’t classed as a business in difficulty on 31 December 2019.

Dish have never proved this is viable and according to Bob they have benefitted from Covid

Hard to argue with it, dish haven’t pulled anything off yet.

They’ve got the potential and the opportunity but they beee to start proving that this works

At this point in the time what would the restaurants be getting having been around since start of August, not much I imagine.

Wow great unbiased answer. You really add nothing or value to this

Bob okay, can you give me your views on dish, without just saying “it will go up”. At this point in time what are the positives of dish and what are the negatives

And the 300,00 buy was followed by a 290,000 sell. So now almost double the amount of sells compared to buys. Hence the drop in price.

Price was 2p.

Buy of 100,000 at 2p
Two sells came through 100,000 and 125,000 both at low 1.9. These pushed the price down, another sell of 150,000 pushed price down to 1.8p. A buy of 213,947 bumped this up, but then two more sales of 100,000 and 250,000 came through.

Strong buy of 300,000 just came through but not enough to recover the price.

Total big buys 523,947
Total big sells 725,000

No price manipulation