My guess is that there is a rather large sell to come which is the reason for the drop. |
Barely £1000 worth of sells takes the mcap down by £1m... Seriously illiquid still... That can work both ways though, if/when we get good news... |
I don't think there is any issue in discussing both. |
Share price is not necessarily the best point of focus at the moment. Product capability and launch, paid take up, and current cash flow have my attention. |
Is it a closed period until results? |
No insider buying and we're in q1. Development seems to have halted.
Not looking like an attractive bet. |
Well spotted Hairflick! |
Were you supposed to post that as thiopia?
So no credible source then. Just Bonio speculating. 🤔 |
bonio10000 - 30 Dec 2024 - 10:51:05 - 22807 of 23026
Cash at 30 June £5.6m
Cash burn £1.9m per 6 months.
So by end of march should have about £3m left
Which is not a lot to launch a product and keep adequate cash reserves.
Placing coming. |
In 2024 the share price bounced between 9p and 4p twice. Yes I'm well aware it was much higher in 2022-23... |
thiopia would you be kind enough to point to where these rumours of a placing are? I had a quick look around but couldn’t find any reputable sources. |
“didn’t last for long before the share price rebounded”
Ermmmm. Have you actually registered what happened to the share price in 2024? |
In reality you only have to look back to 2024 and see a death cross twice in the year, but it didn't last for long before the share price rebounded. News drives share prices for real investors, not short term traders. And we expect plenty of news in the next few weeks before launch IMO. |
What a wonder a free speak BB is.
BWTFDIK
I agree with most.
But mostly believe in BIRD
Rough travel we have had, rewards will come to us for the dedication..
SSB |
G2,
If you replace "Ian" with "Sumit", I would agree with you. |
Yes that timing would fit my theory, Nick
Ian would not commit to Q1 unless he knew he had loads of slack - so being in good time for March 7th would fit that - ie end Feb |
Yes true I'd forgotten about SXSW (UK govt paid-for trip). Makes sense that they may well want to do a big launch at SXSW. If it's some sort of public demo they will definitely want to have as many impressive features as possible available, but more important to make sure they're working! (As shown by many famous launch glitches!) |
Features will of course continue to be added after launch
I would guess not all price tiers open to start with. |
SXSW is March 7th - 15th |
Yep
Also a sensible scenario
Certainly agree they would like to be at 100k
Depends on how many of the existing are active users (which they will be monitoring)
I’m guessing they are over 50k now
Should be over 100k by end of Q1 |
I'm more with Horneblower on this, I think it's more likely right at the end of Q1, they will want to have as many features dropped as possible before inviting people to pay hard cash for the product.I would expect to see an announcement about another burst of freebie users signed up though. They will want the total to be into 6 figures to make an impact IMO |
I think they will be aiming to launch sometime between early Feb and early March .
So we could be very close |
Maybe an elevate pre launch presentation for investors in a few weeks time would be welcomed |
Looking at the recent progress RNSes, I would hope for a further progress update later this month? Perhaps w/c 20 Jan. |
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