Blackbird Share Discussion Threads

[horneblower] 29/2/2024 12:01

Yes imo. Probably around 35p.

[jj_1237] 29/2/2024 11:48

just a quick thought ... it was clearly stated (to my ears at least) at the special event and the last agm, that more money needed to be raised.
i'm assuming this wasn't it though, should we expect another placing at some point in the next year?

[invest360] 29/2/2024 11:27

I have no problems with these placings. At this level AIM is a fundamentally illiquid market. Unless liquidity can be 'injected' through placings and other 'temporary off-market' MM activity, BB wouldn't be able to attract institutional investors and wouldn't have access to much-needed sources of capital. AIM would be a wasteland - and BB with it.
I get that we PIs are often the last to know - but...
1./ I've never been aware that the share price has moved that much as a result of these transactions,
2./ We've always been able to buy in at pretty much the same price as the large investors once the news had been broadcast, and
3./ Almost all this ends up maintaining the health of the company to prepare the way for it to multi-bag.
Finally, as Timbo003 so elegantly demonstrated, if you want a more significant stake, just contact the brokers, and they'll do what they can to accommodate. Any of us could have done exactly the same! He just showed more initiative.
To my mind it's all just tittle-tattle and inconsequential moaning - none of which changes the fundamentals: That is, a company that has tech impressive enough to distribute video for the Olympics and create an app for the whole of Bloomberg (incl. their prosumer - non-pro-editor - reporters and producers) is about to launch a mass-market prosumer app. The investment risk is highly asymmetric:
- a 25% chance of going from 7p down to 0p (over about 2 years),
- a 25% of going up to £7.00 and
- a 50% chance of doing something in the middle (with the insiders putting more of their own money in).
I'm glad I've got so much skin in the game - nailbiting, though it may be. If nothing else, Easter's going to be interesting this year...

[cyberbub] 29/2/2024 11:22

People are stressing far too much about this small placing IMO. If you believe that Elevate is a game changer (and you do, otherwise you wouldn't be invested and posting on this board, right?), then you now have a chance to top up or average down at 5% above the price that HNWs and directors just bought at... So go for it!

[shortsqueezer] 29/2/2024 11:06

Must be a big sell pending at 6.0 ?

[muffster] 29/2/2024 11:06

Oh well at least you can use this as a loss against CGT, which will be 3k in April...almost all investors will get caught out.More money, diluted shareholding, still loss making.

[shortsqueezer] 29/2/2024 11:03

Yep. Mine being one of them :-)

[hairflick] 29/2/2024 10:50

Shortsqueezer

All those trades at 6.165/6.17 are Buys.

[pokerchips2] 29/2/2024 10:46

" Surely if they wanted shares they could have bought them in the market place? "

well you dont get the EIS Tax break doing that

The tax break comes from FUNDING ..hence buying in the placing

[leighford] 29/2/2024 10:45

Of course it’s dodgy, what else would anyone expect?
£1m mates rates top up for the invited few.
Chuck in tax breaks, if they hold that long
Have to love AIM
Nice £50k for Allenby as well.

[purchaseatthetop] 29/2/2024 10:34

Demanding is my word. Surely if they wanted shares they could have bought them in the market place? That would have raised the share price. It looks dodgy. But of course it is.

[shortsqueezer] 29/2/2024 10:30

Yes you'd have thought they could have struck a deal with premier miton. Wonder if miton have bought into the placing. Anyway Strange pricing behaviour today. Had a small top up as I realised I had a bit left in my isa allowance. Everything showing as sells.

[kcowe] 29/2/2024 10:29

where is the word 'demanding' in the rns PAT..

[the big fella] 29/2/2024 10:28

It will probably be below the placing price when the results come out.

[purchaseatthetop] 29/2/2024 10:25

Agree 100%. Funny to read the other explanations though. Weird ones like a group of HNW individuals approached the company demanding to be able to invest…..

Oh….

[leighford] 29/2/2024 10:19

Standard behaviour for AIM, nothing to see here.

[purchaseatthetop] 29/2/2024 10:13

The share chart suggests that this placing has been sold into before today’s announcement. Not good behaviour.