Bidstack Takeover Rumours (BIDS)


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Bidstack Takeover Price

Bidstack Takeover Forum Posts

hTTps:// Fascinating post from a few months back by JD which answers a lot of my questions on BIDS early pivot and Reverse takeover.
I'm in the same boat global, majority tax sheltered but far from all. What do you guys reckon the chances of a takeover where there's an option for shares in the new co, as opposed to only a cash offer? Slim isn't it? Tax man gonna love bids if an offer catches us out! Wouldn't really need an offer to catch us out though, no way around the situation anyway, apart from taking the yearly allowance for as long as we can.
r9 IPO last year from a reverse takeover. Do some research
JW mentioned a takeover price of around 500million in todays podcast. I think that might be cheap!
35 - 50p im happy with. Im thinking longer term it will be a takeover target, and that could be mind blowing numbers! £5 is more than possible if they start to prove this up... You only need a google to take note!
Manc, be very careful in your position. Firstly Bidstack is a very very different entity since the Reverse Takeover recently. Secondly have a look at other tech companies and their revenues whilst creating their technologies. Bidstack is now Live in games as we speak, James isn't losing any sleep over their 5.9 million revenue target in 2019. You have to look at the potential of Bids with first mover advantage in the industry they're in. Just that potential is going to lose you a lot of money in the ST. Even if the company doesn't progress how we hope, shorting at 14p is going to cause you a lot of pain for a long time and most likely no money.
A takeover now would be an unmitigated disaster. Yes we would make a good deal, but loose out on whats round the corner. With you Stef and Warren on the appointments. It is also the introductions and door openers to deals and tie ups that will also help to grow Bids. Exciting times, to say the least.
Cash at 2017 was £1,661 only (not million) So that’ll reduce your cash burn. £700k was one off transaction fee for reverse takeover. I actually think the cash burn is far slower than people are extrapolating. Working capital may be the biggest unknown however.
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