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No probs MM. It's certainly on the cards as the market looks to be highly expectant of the AGM results, and good ones at that for such a rise to have occurred. It adds volatility so this is a warning to the newcomers, but the establishing support is handy for those that got in at the right times in case this does wither a bit. Will it break 3p before the news, either AGM or Tubular Labs? Maybe, maybe not. It's hovered around the resistance today but there's a good chance it will stay there or thereabouts unless there is a last push. If it exceeds 2.28 (today, tomorrow, this week) then the brakes may be off for a while to the low 3's until there is a solid RNS. At which point, there will be an interesting rerate. On positive news (i.e another Tubular report with the same, or improved monthly results) then it may gap 4-5p straight over. Cue more volatility and then finding another floor. Tbh though, this is based on another RNS reach being published. I can't help but think that they may get their wrists slapped for the last one given it was so price sensitive but even with out, I'd say a lot of eyes are still on the May result to make the SP move.
Have conducted a quick technical analysis on this today -things are looking good for the time being (that is of course pending AGM results good or bad but most likely good!) Chart wise a new support bottom has formed at 1.70, resistance at 2.28. Today's trading has it at around 2.2- at present, so if you got in around that 1.70 point or pre spike then well done as it�s looking like a good safety net for the time being. RSI is looking good with a possible test on the resistance today/tomorrow with any luck if it continues at full steam. After that, a push on 3+ is on the cards if it can break out of this tight channel that it's been in since the 24th May. If Tubular Labs release some positive (and highly anticipated) May results news soon then who knows where this is going. I�d expect a push above the highs of a few weeks ago though tbh. Certainly, a 25% increase in a day on no news is v. interesting. Sounds like someone has wind of something, and the analysis is backing it up. Let�s see what�s in store as the resistance crumbles.
https://www.asx.com.au/asxpdf/20180601/pdf/43vgz6404vqyns.pdf
Explains the accounts that were rushed out a month prior to last years. Gives any future news the back up that it needs to make greater in roads - cross reference to todays oddities and somethings in the pipeline.
Last call for the city boys express - toot toot! If you are late to the platform then we will happily delay the service for a few days until your all safely aboard!
This is turning out to be a strange afternoon...
Deserves an RNS for this news. Currently buying the dip - I'd expect one early next week too on the back of this.
Does anybody fancy giving the share price a kick to reflect this? On the back of the accounts I expected a decent rerate and yet it's still sat in top up territory. NAV vs. share price just get's more out of sync by the day!
Slightly off topic, but worth a read re: the upcoming IPO; http://www.valuethemarkets.com/index.php/2018/02/08/kavango-resources-debut-standard-list-two-major-exploration-projects/ Different part of Bots I know - but a JV with Rio Tinto? The eyes of the mining giants are firmly on the most democratically stable nation in Africa.
is looking interesting at the mo. Between 24th & 25th it looks like it's hit it's bottom dating back to early Feb. Based on past performance it looks like it's coiled up for a bit of a pop in the coming days to coincide with the recent sell off following Winnifrith's sage advice. Thoughts?
Btw, sorry all - it’s late and i missed a decimal place. It’s not £13 per 1000 - it’s circa £1.30. Massive Schoolboy error! I’ve based this on a few factors as there are so many that come into play when it comes into ad revenue such as country, time, the ad itself, device etc. Bison’s issue at the mo is that they are RAKING in facebook views which aren’t monetised. However, they are severely lacking on Youtube views which is where the coin lies for pay per view based revenue. That’s not even taking in to account how such revenues are split with partners, and how much partners are paying full stop - flat fee, or per view to bison?
So, quick maths - circa £7.5k a month on SlashFootball YouTube revenue alone. Minus production etc. Hope this helps! If anyone has a definitive list of bison’s channels then i can start doing some sums.
Also, if you want to get a base mark for ad revenue alone then i’m using the following as a guide. £13 per 1000 views. Therefore this video; https://youtu.be/GXdANMPmOq8 Has made circa £429 in a week not including production. On the other hand, partnering with a well know youtube face, this video has made circa 10k in a year. https://youtu.be/mIt41siFlS8
In the grand scheme of Youtube, 400k of followers is small. I noticed that they do monetise their ads though. Can anyone fill me in on SlashFootball - is it owned/run solely by bison? Then theres the production values, editing, crew, travel etc. Hard to estimate such costs, especially given that many sole youtubers with similar reach who do everything themselves often make the equivilant of a normal(ish) full time job and have little to no production costs. On the other hand, top youtubers are making millions. Take Pewdiepie (62m subs) or Casey Neistat (9m subs). Often they supplement the recent drop in pay per view ad revenue with a lot of 3rd party product promos.
Agreed treacle. The market has been pretty miserable all day.
Also - I only normally hold for long term. As mentioned, it's got a lot to prove before I'd stick in a large amount based on how bouncy the prices has been.
Normally I go for around a half of that to 3/4 on the ones I feel comfortable with, but my sentiments are v. mixed about this at the moment until I research it more. Consider it a bench mark if you will. If an RNS drops on Monday then at least it's a short term profit until there is a better understanding.
Ok, I've caved in and bought a little given the drop. Not much, just a few hundred quid to wet the whistle and see where it goes. No probs buying this end - but I guess this is more down to it being a small trade.
Good post Smith & Treacle. The revenue generation has got me thinking too, and now that the day traders have moved on - you can see how quiet this board is. Therefore, It's nice to see others sharing a genuine objective thought about what exactly this company is going to achieve. Quantifying 4 billion views against revenue is a nigh on impossible task. Platform vs. monetisation is guess work and patchy at best. Once it forms a decent level of support (pending either an imminent RNS spiral up or a drop based on the gain) then things will look much more clear from there, at which point I'll jump in. Based on what happened the other day, an RNS should have dropped already - if not soon just to clarify what happened given that it was such a jump in SP. There is a bit of a formula based on ad revenues, but given the cross platforming and how (if) it's monetised by views then it may provide some clues. I'm going to do a bit of digging this weekend and will report anything that I find. Charting analysis feels a a bit futile at the mo given the volatility.
Geo-politically speaking it also happens to be the least corrupt of the African nations. I'd prefer it over neighboring copper belt Namibia any day of the week. Plus, a new & friendly trade minister who is adamant on relaxing mining permits and increasing sector skills for workers & investment. Ducks. Lining. Up. https://en.wikipedia.org/wiki/Corruption_Perceptions_Index