Blackbird Share Discussion Threads

[horneblower] 16/2/2024 09:07

cabi.
True.
One can but try.
My feeling is that things are somewhat delayed and the promised Q1 launch may become Q2. But this is 'normal'. Things never go as expected.

[cabi1] 16/2/2024 08:31

HB.

I bet you didn’t think we would be back down here again, with a 6 handle.

[cabi1] 16/2/2024 08:31

HB.

I don’t think they know anymore than us nutters.

Chelverton bought 16 million shares at 28p.

[cabi1] 16/2/2024 08:28

6.92 offered.

[horneblower] 16/2/2024 08:16

Spotting unicorns before they are unicorns is not something which many funds manage to do, otherwise there would be many more over-performing funds about.

Even if Allenby tipped a few funds that BIRD was a potential unicorn, a fund would find it hard to get a proper understanding of the risks and potential opportunities that BIRD represents. They would expect to meet the BIRD management, who would not be able to tell them much more than what they tell all shareholders.

BIRD's BOD cannot themselves 'know' how successful (or not) their product will be or their chance of being taken over.

Funds make decisions on a risk/reward basis taking timing into account. They are unable at this stage to properly understand the current risk/reward equation, so they will wait until things are clearer

Only mad private investors like us make the decision to invest early without knowing the real risk profile. We may think we do...but we don't!

[salmon9] 15/2/2024 23:07

Geh2
I understand what you say about low liquidity (normally!) in the shares, I am still surprised that a fund does accumulate a position at the rate of 100,000 to 150,000 shares per day at prices from where we are now over a month or two and then hold say 4,000,000 shares which would be much better than having bought none at low prices.
The seller might release a lot more shares if it was able to and so help the buyer gain a position.

[geheimnis2] 15/2/2024 22:59

Remind me

Do we supposedly have launch partners lined up? I vaguely recall this may have been mentioned

[cyberbub] 15/2/2024 20:37

I still have my 600k here, but consider Bird from the point of view of a new investor. The company has been around for 20 years but never made a profit (as far as I know), is valued at £30M with only 12-15 months of cash left, and has some tech and big plans which sound great and have some seemingly very experienced people running them, but there is no proof of what they can deliver in reality.

So it's a leap of faith for most new investors!

On the positive side, we'll be able to see the reality of what they can offer in a matter of weeks...

[geheimnis2] 15/2/2024 19:36

I think those sorts of funds would take part in placements/fund raises but not buy in the open market

The stock is highly illiquid so they can’t buy hundreds of thousands of pounds or millions in the open market

[hairflick] 15/2/2024 19:35

fwiw the 74k SELL was actually a BUY. Quite a way below the official bid price at the time.

[cabi1] 15/2/2024 18:23

OpenAI

Introducing Sora, our text-to-video model.

Sora can create videos of up to 60 seconds featuring highly detailed scenes, complex camera motion, and multiple characters with vibrant emotions.

[cabi1] 15/2/2024 18:09

Done. Cheers chaps.

25 now.

[geheimnis2] 15/2/2024 17:39

Hi salmon

Things are logical

BIRD is too small for any institutional interest and very few retail investors are following or understand the story


Given BIRD are not in fund raising mode, the share price is not that important - other than to existing shareholder sentiment

Rest assured there will be a considerable re-rating if elevate goes well

[shortsqueezer] 15/2/2024 17:27

I can't see a tick box. Are we talking about this board? I'm on iPhone if that makes sense difference.

[salmon9] 15/2/2024 17:21

Thanks Guys. I just prefer things to be logical!

[cabi1] 15/2/2024 17:18

SSB.

What’s this uptick thing.

How I do?

[sideshowbull] 15/2/2024 16:53

21 Upticks for the BB please keep going let us try get 50 at least.

BIRD is a Unicorn I have no doubt what so ever.

No advice.

BWTFDIK

[geheimnis2] 15/2/2024 16:32

I wouldn’t worry, salmon

The share price will correct with genuine progress

[jamesjmb] 15/2/2024 16:10

So many false dawns, no wonder the price is where it's at.

[salmon9] 15/2/2024 15:54

It feels unnatural that at this stage in Blackbird's history, with it's established reputation for innovative technical excellence, and elevate.io soon to launch, that the share price should continue to behave like a deflating balloon! It just doesn't feel right.
Surely there must be some funds looking to buy shares in small reputable companies that could, in the near term, achieve exciting progress with some exciting returns. Why hasn't Allenby found them?
It feels like Allenby are simply letting a couple of troubled funds sell day after week after month, and they are content to see a share price of just a few pennies.
There must surely be some logical reason for them standing back and watching what looks like disinterested share price neglect.
What could the benefit be of such inaction? Who benefits? How could it possibly assist rather than undermine the corporate credibility of elevate.io when they launch?

I am maybe missing something..........