Blackbird Share Discussion Threads

[shortsqueezer] 07/3/2024 17:41

Meanwhile a nice 750k trade has been printed.

[shortsqueezer] 07/3/2024 17:40

Ah thanks. I'm not completely mad then. Must have missed the correction. That gives me even more confidence. Cheers

[cabi1] 07/3/2024 17:16

Yes someone did post it, but they were wrong, it was Schroders.

Miton have increased their holdings to 61,990,295.

Miton did sell a few back in September if I recall, I think that was about 3 million, but it was Schroders selling 5.783 million in January.

Bloomberg updated Miton holdings on the 5th March, which just shows the buying in placing

Probably other changes but Bloomberg have not updated yet.

[shortsqueezer] 07/3/2024 17:11

Cabi perhaps I'm getting mixed up. Could have sworn there was a post here a while back showing PM had reduced.

[cabi1] 07/3/2024 17:05

SS.

Who said they shorted it.

Miton haven’t sold any.

Schroders sold 5.783 million.

[shortsqueezer] 07/3/2024 17:04

That's how I see it too. I am still struggling to understand the relationship between premier miton shorting us down to here yet being allowed to take part in the raise to buy them back. Smoke and mirrors eh ?

[hyperal] 07/3/2024 16:12

Are we all on the elevator?
:)

[hyperal] 07/3/2024 16:10

After all the massive volume and large trades over past 6 weeks, I wonder if we are seeing a large transfer from and into the hands of an institutional investor. If so we should get an RNS on completion.

[cabi1] 07/3/2024 15:48

Yeeeeeehaaaaaaaa 6 offer trades out finally.

[johnveals] 07/3/2024 15:46

What on earth are you implying hornblower?

[horneblower] 07/3/2024 15:43

True, john.
However, it seems odd that while there is clearly a big seller in the market at exactly the same price, the broker could not have managed a simple transaction between parties, with no dilution.
I wonder if the fees had something to do with it?

[johnveals] 07/3/2024 15:35

I fail to see how the £1million share sale can be described as a fiasco.

Yes, it looks like someone was looking after their mates, but it was also a massive vote of confidence for minimal dilution.

I guess some people have difficulty keeping focused upon why we are here?

[cyberbub] 07/3/2024 15:29

There's going to be one hell of a delayed sale printed after close IMO!

[geheimnis2] 07/3/2024 15:27

Only two Cowboy Boot Fridays left after tomorrow?

Interesting

Ciao

G2 x

[chriscallen] 07/3/2024 15:15

Before 1939 in the UK a horse was still the main way a farmer ploughed his fields. By 1945 the tractor had taken over. Why? Because the technology was better suited to the prevailing circumstances - a shortage of manpower for 6 years. Now the demands are to do what is required faster, cheaper and on time but maintaining the quality of output. Being Cloud Native means that BIRD enables its users wherever they are based to do that.

[nickb] 07/3/2024 15:10

Clocktower

Why do they need to give you confidence
You will go onto find something else to worry about!
This doesn’t sound like a company that you should be investing into.

Bidders have no interest in subscribers they already have them

[clocktower] 07/3/2024 14:55

If the software takes years to develop, as has been suggested on this thread, then providing monthly figures would not harm the business but would give investors more confidence and might attract a bid at a very substantial premium.

[cyberbub] 07/3/2024 14:44

Correct timbo and they mentioned that in the presentation yesterday. Of course they can still state that things are going "very well". At the very least we will find out progress twice a year in the financial results!

[timbo003] 07/3/2024 14:33

The trouble is you cannot have complete transparency on sales progress (for the benefit of shareholders) following the Elevate lauch without giving competitors potentially useful information which could damage the launch and subsequent sales growth

[hyperal] 07/3/2024 14:27

m5
No advice intended, but I never use stop loss. MM's love tree shakes before a rise, now the MM's may know they can get your stock at 5p. Imho, dyor

[spoonmuff] 07/3/2024 14:25

Clock tower I don’t think their priority is the share price at the moment, that will come with sales. The only time that’s really a priority is on a raise which is likely not for a year or so. With the launch I would expect to see the he next tick up though, hopefully to double figures

[clocktower] 07/3/2024 14:22

They should provide monthly user numbers if they want to get momentum in the share price Of course the problem with that, is if the numbers are not as large as they are hoping for everyone will be trying to run for cover.

I doubt if confidence will return until they provide some concrete evidence of success, so we have a good while to wait.

Maybe some information could be gained from the number of hits on the company website.

[m5] 07/3/2024 14:17

Exactly, I think this is the bottom for now and I see a nice a nice return from here. Stop loss at 5p.

[kcowe] 07/3/2024 14:12

Downside ... Elevate is being released in 3 weeks .. so it might be now .. fear turns to greed on a flick of the button.. doesn't take too much for FOMO to lend a hand.