Blackbird Share Discussion Threads

[chriscallen] 29/2/2024 21:06

BIRD raises £1M net and the capitalisation on AIM today fell £2.39M to £23.03M. So if they raised another £10M the markets response if repeated is that the company would be capitalised at £0 on AIM though it would have over £16M in cash in the bank.

[cyberbub] 29/2/2024 20:08

It's a 4% dilution FFS. If Elevate goes ballistic then we will really, truly, honestly have completely forgotten about this...

[ortegaworm] 29/2/2024 19:52

Fully understand the pessimistic views and upset and anger. Let's not forget the fantastic opportunities ahead though. For example.Blackbird the technology licensor, developer and seller of cloud native video editing platform, Blackbird, announces a contract win with an OEM broadcast partner for use at a global Summer Games in 2024.This year's games are set to be transformational in terms of how it will be consumed and injested. Another platform to help continue the upward curve and promotion of Elevate.I think this is mostly an emotional response from long-term holders. Great things are to come, and all will be forgiven.

[cyberbub] 29/2/2024 18:41

£5.9M might not be enough if you're planning a £3M marketing campaign in the next few months....? :-)

[geheimnis2] 29/2/2024 17:44

Exactly cc

And 5.9m is ample for that

[chriscallen] 29/2/2024 17:43

The auditors will only cast their rule over whether BIRD is a going concern i.e. will it go bust in the next 12 mths. As long as the BoD can persuade them that they will still be here on 31/12 and solvent that's all that they worry about.

[horneblower] 29/2/2024 17:00

mcsean,
Oh really? Quite reassuring, I would have thought.

[shortsqueezer] 29/2/2024 16:54

That's what I mean. Doesn't make any sense.

[mcsean2164] 29/2/2024 16:53

Another horrific day for Bird investors💩