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Because Jsmith they are saying we are at maximum social capacity, if we increase our socialising anymore then Covid will spread too quickly, therefore you open another form of social activity I.e. school then you need a close a different form of social activity I.e. pubs in order to keep the Covid spread to a manageable level
https://www.bbc.co.uk/news/uk-53621613
Headlines states pubs but article talks about hospitality sector.
All ifs and buts at the moment but something for the back of the mind
Also some of the numbers being quoted on here the other day made me laugh. “If dish charged £150 per restaurant per month that will equate to £200k a month.“
The big chains are not going to be paying that. They’ll turn around and say, we are bringing 500 restaurants to your platform therefore we want an overall fee equating to £50 a month. So it won’t be that simple to calculate
And no Sam it wasn’t an attempted deramp.
My thoughts on dish, the last two rns’ have been fantastic, okay it’s a free trial but it gives them a great opportunity to convert this into paying customers, time will tell of they achieve this but it’s put them in the best possible position.
I’m still not in though, I want funding cleared (by a boutique investor or an institution) and I’m in. If this is a dilutive placing then my trust in management is gone and I’m off but if they follow through with what they’ve been promising I.e. tech investor then I’ll be in. Don’t care if I’m paying 5p by then, rather buy in higher with that risk removed
BBC news Sam, talking about opening up schools and having to close down pubs and possibly the hospitality sector in a one for one (obvs not until schools open).
This won’t be good for dish or the uk economy.
Probably cost more for places to re-open and shut than it would to just shut the whole time.
Why would people take part in a placing at a premium to the share price when they can buy shares at current share price.
If it’s illiquid they could want to build a stake without moving the share price so could do a slight premium
3p by end of week
Holdlong, they won’t need to. Pizza Hut is the ad
I would presume the H1 revenues were more heavily weighted to the end of H1, so I wouldn’t be surprised to find out we did £100k in June. Could easily see this scaling up quickly and be doing £300k per month by December.
This will be helped by test spend move to actual and hopefully some new games
£275k for first half. Presuming this is like a snowball then it won’t take a huge amount of demand increase to reach £1.5mil, target this year definitely within sight.
Yeah, this free period has to work, buts it’s going to be difficult for them to know if dish has been useful or not, because they are going from a standing start anyway.
If restaurants for fully operational and dish have a free period you could compare like for like sales, but the restaurants have nothing to compare against
I’ll be positive for once.
Do you have a contract mobile or a pay as you go. Likely contract as it works out better in the long run.
This is the decision restaurants will have to make once free period is over
In theory that dilution is small, but if they need more of these and the share price gets lower then the shares issued will increase substantially.
But, what costs will dish have if all staff take shares? And how long will staff be happy with shares only
Could be like last year, fully funded with hardly any cash and whopping £200k approx in ipo costs they hadn’t paid off. But I guess accounts will tell all
When I say rns I mean annual report
Monty, their year end is March. Dish have 6 months to release rns which is end of September, absolutely nothing to do with Covid.
Wasn’t that way the other day when the institution sold 3% of dish. Any thoughts on that Tanya?
Can we all start taking Tanya a bit more seriously.
She has ALWAYS been rewarded for these situations. Never had a bad share, congrats to her.
Millionaire like Jsmith said, they’ve sold. Read arts post below, they were in at ipo, just never registered their position until the sell which dragged price down yesterday