ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

BIDS Bidstack Group Plc

0.225
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Bidstack Investors - BIDS

Bidstack Investors - BIDS

Share Name Share Symbol Market Stock Type
Bidstack Group Plc BIDS London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.225 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.225 0.225
more quote information »
Industry Sector
SOFTWARE & COMPUTER SERVICES

Top Investor Posts

Top Posts
Posted at 21/4/2024 19:14 by dougalinvests
JD took the company public a few years ago, with no idea when breakeven would be.
JD said in the past year it would be easier to raise funds as a private company.

JD and directors offered no means for investors to take part in an accelerated placement. All funding options not considered.

JD and directors bought the company out of administration, shareholders receive nothing. How could they afford this - who is now paying wages? Why did they not offer an accelerated placement backed by these funds and allow shareholders the option to top up?

JD has no idea when or if the company will become profitable.

JD sold a material amount of shares weeks before a revenue warning.

JD allowed top 3 directors to have their salaries doubled 2 years ago. What have they done for shareholders on a 100% increase?

JD released RNS that had no material value to the bottom line.

JD forced to release RNS on Azerion issue, after only talking it through with some shareholders.

At a minimum, there is grounds to be struck off as a Director. That is the minimum that should happen with the mhmembers point raised, and the BSA.

Until then - investors should not use any products that serve Bidstack adverts.
Posted at 05/4/2024 20:07 by texaschaser
justin the clown thought this was going to the moon, instead it mooned at investors
Posted at 31/3/2024 14:02 by phowdo
Fraud on the London markets doesnt get punished and never will. Look at GBO,CAKE and plenty of others. The FCA are there to protect the "City of London" not investors. No wonder no one invests in the UK anymore.
Posted at 27/3/2024 07:57 by a5wab
Out-of-pocket Bidstack investors vow to take action after execs buy Aim-listed firm out of administrationCharlie Conchie27th March 2024, 6:00 AM Angry investors in Aim-listed Bidstack are preparing regulatory complaints and plotting legal action after the company's top brass bought the firm out of administration last week. Bidstack, which sells in-game advertising to video game companies, announced last Friday that it was going into administration. Shortly after, chief executive James Draper, who previously owned around three per cent of the company, announced in a LinkedIn post that executives had purchased the firm as part of a pre-pack administration deal. "The acquisition is a pivotal moment for the next phase of growth for the business. Our technology is at the forefront of sports technology and I couldn't be more excited," Draper said. "I am proud that we are able to reward our ambitious and industry pioneering team and have them as shareholders alongside myself." Bidstack said in a notice to the stock market earlier this month that as many as 200 companies had been prospected by Alvarez & Marsal as part of efforts to save the firm. However, the failure to find an investor and move to place the company into administration has left shareholders millions of pounds out-of-pocket and prompted threats of legal action from investors.Graham Auger, a retail investor in Bidstack, said he invested in the company in early 2020 after the firm floated. "It just sounded really exciting," Auger told City A.M. "There was a massive buzz around the whole thing." But he said it started to become clear the company was "over promising and under delivering" and he felt that investors were increasingly being left in the dark about the company's plans.When asked how much he has lost, he replied: "It is tens of thousands of pounds... possibly upwards of £60,000 or £70,000."Auger, 49, who lives in Basildon, said the lack of transparency around the administration deal raises many questions. "What's happened to all that money? What's happened to that investment?" he said. "Who are these 200 plus investors that they approached to invest or buy assets in the company?" he added. Jason Addison, another retail investor, told City A.M. he was furious after reading Draper's statement confirming he and the other executives had acquired the firm. "Not even a mention of any previous shareholder [or] thank yous for all the support that we've given and the money that we've provided. Nothing. Just completely thrown under the bus as though we never existed," said Addison, 54, who lives in the East Midlands."Not even a mention of any previous shareholder [or] thank yous for all the support that we've given and the money that we've provided. Nothing. Just completely thrown under the bus as though we never existed."Jason Addison, a retail investorNick Hargrave, another investor in Bidstack, who last year coordinated an effort to oust two board members, told City A.M. it was "difficult to believe" there was no interest from over 200 buyers when "the management are expressing their pride in the acquisition stating the company's 'enormous potential'". "The directors have refused to provide updates to investors on positive business progress, actively block shareholders on social media and delete comments that they don't like," Hargrave alleged."They have not attempted to fulfil their fiduciary duty to promote the success of the company as a public entity, but have been organised and ruthless in trying to maintain the company's reputation now that they own it," he claimed.Hargrave said he was now working with other investors on filing regulatory complaints as well as consulting about taking legal action against the firm. Efforts to take legal action are at an early stage, he explained.Investors also fired a series of questions to Draper and chief strategy officer Lisa Hau yesterday over the rate of cash burn at the company after the firm received a EUR 3m settlement from a legal dispute with Azeroin in December.The two firms had been locked in a dispute since January last year over what Bidstack said were unpaid sums."What happened to that court money from Azeroin, that three million? Where did that go?" Addison said. Hugh Acland, 47, from Chichester, who invested around £130,000 in the company, said he had regarded the EUR 3m settlement as "good news", which would have enabled the firm to get "into the second half of the financial year without bringing in extra money". "I was actually flabbergasted when they said a few weeks later that they're running out of money," he told City A.M.Bidstack and Alvarez & Marsal were contacted for comment.Write to Ben Lucas at ben.lucas@cityam.com and Charlie Conchie at charlie.conchie@cityam.com
Posted at 20/2/2024 13:58 by ny boy
No need to chase ambulances, plenty of ftse 100 blue chips with low valuations being scrutinized by overseas investors looking at relatively cheap valuations. Hence why the ftse index is moving up, expecting a challenge to ATH’s during HY1
Posted at 13/2/2024 01:37 by negan
Made dirty money from genuine investors if you ask me. I hope Karma is real and bites the lot of them 😡 😢
Posted at 06/2/2024 22:49 by gubbie69
My own decision, and either he talks utter bs or does quite alot of research idk but I've come across lots of different investors or supposed investors on other bbs and always arguing, even investors in different companies on eachothers bbs which I think is childish. Paid rampers/de-rampers I listen to info given do my own research and thats that
Posted at 02/2/2024 06:17 by aidenabettin
Plus no revenues to report and scam court cases,fake shell companies set up and the inability to raise funds in a difficult market that witnessed our mirror image friends at Anzu receive $48M from investors that included Sony and Samsung.And were told the only problem Bidstack needs to address is the removal of James Draper.TW CEO hunter extraordinaire .Just taken a bit longer getting JD removed
Posted at 18/11/2023 16:45 by aidenabettin
Bidstack are being set up to be a major player imo.If they were going to be bought out it would have happened by now.Irdeto are here to protect Bidstack but for who?.Something very big has been put together in the background imo and the court ruling(1st part) rejecting Azerions claim makes me think payment will be soon.Every tool in the box has been used to scare investors and put them off buying Bidstack.Still no dilution
Posted at 03/10/2023 15:13 by rodney101
Hope it works out for you all, albeit I sold some time ago.I made it known I wasn't too happy about directors, especially those with a track record of failed companies.These things are seldom miscalculation, or bad luck, but deliberation.Often on good assets that someone else has their eye on from the outset and what better than to line up retail investors to do the donkey work, then steal it off them, often in a very similar situation to what may have occurred here.Even some larger investors are often in on it, but always in the know, and its almost like covered betting for them.Indeed even financiers may step in with finance, being also holders, finding it much more lucrative to pull the plug and walk away with a good asset.Hope this is not the case, but its no surprise companies don't want to list in the UK, with the most appalling record and an FCA that seems to think its remit is to protect everyone except retail investors.If there is a cheap placing though, I'll take part as that would indicate its about greed for more of the cake, taking it from retail investors, rather than the worst option of taking the lot!One thing you can always be sure of with London, is they all know everything way before shareholders doBest of luck

Your Recent History

Delayed Upgrade Clock