RE: 70p today blink and you will miss it9 Nov 2021 11:23
"No there (SIC) result show that people are going back to the cinema and we are heading the right way to normal"
Isn't that pretty much the same thing that I just said, but reworded to say "normal" rather than 2019?
And again, my point is - we already knew that, anybody with more than two brain cells and looks at the Box Office can see that. There was nothing in there that would send our SP flying, because everything else is irrelevant - which is pretty much what Sammy was saying - and we are now up a whopping 1% - I'd say he was right.
One thing I would say is that I think it's works in our favour not having to report quarterly, because Q3 was nothing special, just part of our road to recovery - July was good (not 2019 good, but pandemic good), August less so (was down 29% on July) and September not great (was down 12% on August) - but we are still recovering, and in Q3 we were still early in that recovery. When we come to report our financials we'll be in a better place than now - and hopefully where we all want it to be by year end!
FI - I'm all for looking at additional revenue streams (probably the smart move for any business that doesn't want to be left behind). I just think the headlines don't look at the bigger picture. Mentioning Bitcoin (or whatever cryptocurrency) will send people into overdrive agreed (and probably give a SP boost - although that might be temporary) - but when looking deeper at it, if I was invested there I wouldn't be bothered by the headline itself, I'd be interested in risk (incl. which cryptocurrency are they going with and why, hoping it wasn't because of a Twitter poll), and the cost of setting the infrastructure up, the cost of running and maintaining it vs the benefit it will bring in.