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I suppose this only helps Bigdish
The database was smaller 3 weeks ago at 4.6p. You make Dish sound very simple but it's not. It's not simple building a website / app linked to restaurants and creating and well oiled business (don't know if it's well oiled). It's not simple to get restaurants onto the platform. I agree it's going to take 6-9 months to get people back into restaurants. But from what I understand the focus and money is getting restaurants which you'd think will be easier based on the times Then I expect marketing campaign. However I don't know what it will be worth
Some people must have lost a lot of money selling these shares, unless they intend to buy if it gets cheaper.
Looking at tastecard they started in 2006 with 150 restaurants in London, rebranded in 2010. As the recession bit, they helped restaurants to continue trading in the toughest times seen for a generation. Today, they have over 2,650,000 members and thousands of restaurants, members currently spend in excess of £600m annually. They say thay add 300 restaurants a month.
It seems to me that if bigdish (great brand name / logo) continue to add restaurants, improve the website/mobile and then market campaign whilst managing costs then in a few years it will be a mojor competitor to tastecard?
Thers a few things we don't know yet. If we compare to the sales team in the other company, how many did they sell in the first week, month, 2 months? Do we have the same number of sales team members as the other company? Just wondering
Great chart analysis
I'm in the same boat. No doubt it will drop a bit tomorrow
Really? The dividend is 6 weeks away
When they issue the shares, do current shareholders get the choice to buy or is it public?
How do you work out how to bet from that info?
1. Half at 870 the other half at 800 if it goes down
2. All on 870
3. Buy at 800 if it drops past the support level
Or is it total total guess work?
So no point in buying anymore shares for the long term until the placement shares?
How easy is it to get shares at the placing value? Just that the shares might shoot up as you said. Would you set automatically setup a buy limit?
I'm new to all this but what I can see is lots of small trades. Does it make sense to do that because I'm thinking it's to manipulate the price? I'm guessing the hedge funds are going to have a field day today shorting this out, wear down the longs. Is this what happens? I saw it with Metro Bank