The breach of support was fake.
Look and learn..
No advice.
BWTFDIK |
One good thing about the share price drop, if we ever get good news, the share price could rebound fast in percentage terms. |
Interesting Hair flick. Sounds like what Bird are doing?
If the paid launch in March (supported by big feature drops in advance) can just deliver even 1,000 or 2,000 paying users in a month say, I feel that the share price will undergo a massive re-rating. We only need approx 10,000 paid users to break even.
Meanwhile the illiquidity here is very frustrating :-/ |
What's our "Irish Massive" when it's at home? |
Away from the trades and looking more at the infrastructure side, I found this article describing how Snapchat scaled up their model on AWS from startup to handling 5.4 billion snaps daily an intriguing read. |
@NickB
Those 2 x 200 trades posted SINT which will be from our "Irish Massive"
BWTFDIK
SSB |
I think most of us long term holders already have enough to make a huge difference in our lives.
Should I buy more?
I have enough. But...
I think all PI's need a bit more wooosh and a little less gunk..
I personally think it will be a fun ride into The New Year.
No advice etc.
BWTFDIK
SSB |
Possibly. It's as clear as mud. |
LOL
Who is lead MM? In your opinion then.?
This is the free speak BB but please respect all views.
BWTFDIK |
400k BUY split between 2 MM’s then? (MM price)
Probably makes more sense if there is a big seller |
Impossible Nick IMO. At the timestamp selling pretty much any amount was 4.8p, never mind 400k. |
400k sell but split between 2 MM’s ?? |
 The fairly low volume today (especially if you ignore the 2x200k) suggests to me that there is no leak of bad news?
At this point, with the company seemingly progressing towards paid launch in 3 months or so, I'm not sure what bad news there would be. The only thing I can think is a placing to pay for a major marketing campaign. Although we've been told that they have enough money for the next 6 months or so, perhaps they want to start blitzing and signing up say 250k or 500k free users starting in January, and pay some upfront fees to influencers etc? I've got no idea how much that would all cost. They would need to publish a big feature update in advance of such a campaign IMO.
Alternatively as mentioned it could be Miton looking to get out to fund redemptions. At the last RNS in June they still had 57M shares, they may have placed the lot with a broker and told them to sell in blocks before 31 Dec, and then not declared as the order is still being worked?
It could even just be a large PI or that other fund 'Diverse Opportunities' which RNSed in June that they had reduced? BIRD is quite illiquid so dumping or buying a few million has an outsize impact on the share price
Just some thoughts anyway. No advice intended etc. |
I saw that 2x200k but I don't think it can be real, both at exactly the same price and exactly the same timestamp (to the second). Either they'll be cancelled later or it's some sort of MM-to-MM trade, IMO. I don't think anyone would have got 5.1p for sells that size, smaller sells were at 4.85p.
It would be great if directors would step in and buy some, but as mentioned it's possible they can't, there could be upcoming news. |
Will they stay happy I wonder |
Well, someone was happy to sell 400k at 5.1p.
Everything is glacial with this BOD. |
Shenanigans = seller trying to offload but no one happy to take the hospital pass |
For the second time today i spat out my tea laughing in public at stuff i read on advfn
this :-p
Lyqwyd 9 Dec '24 - 09:45 - 22200 of 22238
"Bird is the worst share on AIM, apart from all the others" Some bloke at The Churchill pub. |
Perhaps they can't |
Would be nice to see some of the much lauded NEDs buying. |
Volume is still very low. The big drop implies that shenanigans are going on behind the scenes?I still hold. |
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