NickB.
Course not, but I’m willing to take the risk.
I’d rather lose the lot than miss out on the big pay day.
Unfortunately most people are not, and that’s why seller will keep pushing the price down.
However to be honest I’m not overly confident as Blackbird consistently disappoint. |
Great work from elevate support
They have fixed the issue I reported Monday and have done some upload improvement work
😀 |
Jasper
It’s coming |
m5
But can you buy at 4.5p when we have real revenue? |
I know I'm a stuck record on this, but sort vertical format (this month?) and there'll be wider adoption
at the moment with 1080p it's a one trick pony, and I'd put custom formats above LUTS |
Well offered at 4.585 now. |
I understand your sentiment, but how will the market respond positively to this? Surely, it would be best to save up RNS ammunition. To coincide with SXSW, Paid Launch, X now signed to Freemium, X signed to Tier 1, 2 and 3, etc. That's how I would approach it anyway. Just a little more patience is required. |
Looks like 4.5 bid going to trade out soon.
All sells today. |
Market cap is too low to interest the City to even look
Last I heard only £100m plus market cap before they research |
Agreed, bonio.
I think what the City is failing to appreciate is the fact that, although Blackbird is a midget company based in a small country, traded on a defunct financial market, it has a killer product, wielding enormous margins in a huge, global market.
When the revenues start to ramp up, London fund managers will be asking, "Why did no-one tell us about this?" |
Cabi
Of course I agree there is a big ish seller /sellers
and plenty of ordinary sellers
But the way I see it
Why are they selling?
Because the share price is so low! If this was 12p they wouldn’t be selling
The price and its action makes everyone avoid buying it puts the vast majority of investors off they stay away. (Convenient?)
If this was any other share say a biotech company that I didn’t understand I would have sold, fear, stop loss, failing chart etc.
A rule based portfolio fund manager would be understandably pressured into selling.
A wonderful depressing environment then exists on the sell side however what an opportunity for a select few to very slowly accumulate shares, a few of us (dozen?) investors here have done this, whose been accumulating the rest?
Sellers and buyers cancel each other out
Shares are re distributed to new hands.
So once the funeral music has stopped playing some will have a lot of shares in their hands and it will have been worth the pain |
Surely we have hit 100k users.
If they have, they should publicise it. |
They only need 5k odd paying customers to break even, with a bit of cost cutting as well.
At a 2% conversion the number of users is not significant.
If they can't manage that they should wind the firm up. |
JV.
Let’s hope so. |
Revenue generation, however small, should give the share price a boost to make any raise required a bit less painful.
If it happens it happens. |
That’s the danger, and this seller is completely fking it up for them, if they need to do a fundraise.
Wouldn’t want to do a raise at this price, as we will all be screwed, including IM and family.
Dilution would be massive.
That’s probably why no one is in a rush to buy any, until they see proof of revenue stream. |
They don't have time.
They are burning £300k per month and with the current market cap a £5m raise might need a 50% dilution to get it away. |
I think you will have to give it time for revenue to kick in |
I am less critical of charting than I used to be. It definitely tells a story about the market's reaction to the business but some of the more esoteric rules of thumb are wishful thinking imo. It describes the past and the past is key to understanding the future. Golden crosses are just mathematical artefacts of the share price going up at an increased rate, but it doesn't tell you anything about what is driving it and how sustainable it is. |
Ssb’s claims on manipulation of the price to allow “wiggle wiggle” are as laughable as his charts |
I have to say I agree with cabi and HB on this.
I have no doubt that games are played to manipulate share prices but without hard evidence we see the patterns we want to see, and we don't have hard evidence, so supply and demand it is.
I also agree with HB in that real revenue will be slow in coming, but when it comes...
It's all speculation, we grow a money making machine or we don't, assuming we aren't bought out.
So close yet so far.
billions not millions |
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