Member Info for RichTheNewbie

That's a decent jump up (probably about another million quids worth) as they had just under 34m earlier in the year if I remember rightly and now over 52m.

Crypto people - it’s safe to say I disagree. No point filling the board with any more of this. You’re not going to convince me (or many others I suspect). Mainly we just disagree on risk (primarily political/regulatory).

And, as usual, everyone logs off for the weekend, and the attempt to push gold below the level resumes….

(errr.....teammate getting home that probably should have said.....what I suggested accidentally was even worse...)

Back at the 1830 level that it's failed to hold above previously. They'll probably be lumping their shorts on now faster than John Terry when he hears a teammates wife getting home ;)

Also interesting:
https://www.reuters.com/world/china/china-launch-more-futures-contracts-increase-foreign-investors-trading-cabinet-2021-09-03/

Gold still doing well, overcame the first usual attempt to hammer it back down, and marching north again ($1833 at present).

It's just the regular sell half the stocks on the footsie and buy the other half. Then switch around and do the opposite a few days later. It's not like it's just VOD.... https://www.londonstockexchange.com/indices/ftse-100/constituents/heatmap

Check the share price once a year not once a minute and it'll be better for your mental health ;)

Always good when the village idiot says you're talking rubbish.

thechancers - who knows how plans were affected, that RNS was literally less than 2 weeks before the WHO reported the pandemic outbreak in Wuhan, for all we know that could have shelved it from the partner's point of view. I imagine all ad agencies were probably in crisis mode rather than "trying new stuff" mode. Things should get easier as the world (gradually) normalises. Businesses are starting to increase ad spend as restrictions end.

thechancers - the simple answer is because only an idiot would expect a company like this to not be making an operating loss at this stage. They've basically got to create a new market, on top of the technology, demonstrate it works, and sell it. Hope this helps.

They're looking alright. They've not turned into WPP overnight but Rome wasn't built in a day.
Of course this is far from out of the woods, but they are seeing glimpses of light, and if things continue to improve they may just make it to the light.
Some people continue to deny the existence of light, can only see trees, and say the woods are infinite ;)

Results exactly as expected….although no prizes for that as they’d already basically told everyone what they’d be during the fundraising a month or so ago.

Fursake - I don't want anything from this board....why on earth would I go back through it. Personally I think the majority of people posting would be better off saying nothing and certainly don't view one or two replies as "the market"!
£150k isn't going to touch the sides - relying on numbers to that small a degree is a fools errand. In all likelihood they'll end up raising more money one way or another in the future, unless things go spectacularly well, the only question will be how and at what price. If this gets traction it could be at a considerably higher price (that's if someone doesn't just take it over before it gets that far).

Jimmy: starting bottom up on that post. The market was overdue a wake-up here. There's plenty of shares that have far too high MCAPs for the stage they're at or what they have so far (some Helium anyone?) and will need to deliver to see future big rises. It doesn't however mean they can't or won't deliver and see those big rises.

With regards where the revenue comes from, I'm sure "the platform should be 90% of the focus of where revenue needs to come from" is the case, however focus doesn't mean it'll happen overnight. I think the fall in SP following the numbers in January were less to do with margin and more to do with an inevitable raising. Everyone would simply bail until the raising happened. That's what happened imo, and it's no surprise the price has stopped falling once the placing completed, and since then, has been oscillating around the placing price, give or take 0.2p up or down, very roughly.

Being at an MCAP of £18m for the state the company is now in, seems like a relatively reasonable state of play, with high potential rewards, but high risk.

Essentially there's not much disagreement, we'd all want to see revenue and/or usage of the platform rising, that's what you, me, or anyone else is going to judge this on (whether we view £3m or £4m as good - I simply think an arbitrary broker target means little - and everything rides on how things go with the platform).

Girdz - just because you say the target is £4m, and just because you say it's what people will be looking for, it doesn't make it true. All I'm hearing on this board is some naivety expecting broker waffle to be fulfilled to the letter. Guess what...it virtually never is. Fact is, this sort of company will always promise the earth to get people to fund it, and it's once it starts demonstrating some kind of performance/uptake then the share price will react.
It's precisely why I posted this page previously: https://techcrunch.com/2012/04/01/the-market-curve-the-life-cycle/ and ultimately this has been facing reality. Either it will see lift-off or it won't. Either you buy gambling that it will. Or you sell because you think it won't. So if it does go well you could make an awful lot of money from here. Or if it doesn't you'll lose a lot. This remains the gamble.

The less they make, of course the quicker funds will be burnt through, but this is obviously the gamble here. Whether it's £3m or £4m both would paint the picture of revenue growing significantly (and hopefully the start of a little traction behind it). Regardless of needing more money in the future that'd see a rising SP imo.

And Jimmy: yeah it'd want to be from at least a bit of traction from the platform/ecosystem rather than an anonymous donation in the revenue :p

Girdz - There's really little value in them putting out a target in a situation like this so I'm hardly surprised. It would be more a hope than a meaningful prediction. Broker notes are just designed to get idiots to hand over money whilst sounding plausible - that's their sole purpose. Doesn't matter if the stock is the best thing since sliced bread or not.

So as I say, especially if there's no real existing target, I think it's pretty strange to think that revenue nearly doubling would be taken as anything other than a good thing by the market (if they manage something approaching £3m or higher).

I don't care about broker notes (nobody really does). I'm asking for company targets in RNS or published report form. Are there any?

Fursake - From a quick Google I can't find reference to such a target, so unless it exists in writing, I'm going to assume it's another straw man tactic. Doesn't really matter though, either way, if their revenue comes in at £3m+, I think people holding from now will be quite happy. It's bonkers to think that nearly doubling revenue would be thought of as an underperformance by the market.

Simple fact is there's a group of investors on here, who are actively trying to put people off the stock, because they invested at the wrong time, at the peak of its hype, and lost all their money (if they sold) or are just sitting on a massive loss. For some reason this seems to give them the idea that people should listen to them with their terrible track record. Go figure.