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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
What we deserve is the annual report, due by Wednesday. Let’s see who this US investor was last year
LTH works for me, you take your losses and keep running the winners. But you need to have a strategy and stick to it.
Sounds like you got out of your comfort zone, hope it works out for you
It could do, but if you can’t handle the volatility and risk of micro cap then you should never be invested here. Stick to an S&P tracker
Jsmith I sold a different company at a 70% loss, it’s hard but I’ve reinvested and am slowly making that back. It’s all about position sizing, you are obviously over exposed.
Something of this risk should be money you can afford to lose
Jsmith
Bob/Tanya doesn’t understand business.
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
Well dish need to pull their finger out now and get customers using their services. £5million funding available if dish can get proof that the service works
And if you do get banned bob what username are you going to come back as next time?
Just so we can all brace ourselves again