Immedia – from “successful conversion of a number of opportunities” to “contract conversions are taking longer than first anticipated” in less than 4 weeks!
Oh dear, Oh Dear. We have another operational update today. This just looks ever more messy for Big Dish (DISH) as we once again return to the 30th May ramptastic RNS which came just seven days before a £2.1 million placing.
I noted a few weeks ago, the way Big Dish (DISH) had issued an RNS essentially stating that “funding secured” (so no placing needed) and then a week later doing a placing and ‘fessing that even with the £2 million it raised it now only had cash until 2021. Was that market abuse? Today it got worse.
I like the chap behind Big Dish (DISH) so it pains me to say this but as it announces a placing today can it please not tell me why it has not done an Elon Musk “funding secured” grotesque act of market abuse? Let me explain:
Having asked for readers tips for 2019 for the amazing prize of a meal with Tom Winnifrith (or the chance to fob it off on someone you don't like) HERE, the following is a monthly update on performance (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM Casino and the stocks not to have been suspended at the commencement of 2019)...
Hello Share Scratchers. A week ago, when I suggested you look at BigDish (DISH), Uncle Tom and some talented ShareProphets commentators took a dim view. They suggested that an announcement that more locations for the restaurant ordering service were being rolled out was no indication of success...
Hello Share Munchers. Now here’s a novel idea for the technological age. You’ve heard of Late Rooms which began as a way of filling empty hotels at the last minute. Well, BigDish (DISH) aims to perform similarly for restaurants. The company helps to fill tables at quiet times by offering quickly applied discounts...
Restaurant ‘yield management’ (i.e. reservations with discounts to fill spare capacity) platform company BigDish (DISH) has updated including, “we note the recent share price volatility… but believe the overhang in the market has now been removed and we look forward to future positive market updates”…
Having IPO’d at 4.5p last week, shares in ‘restaurant yield management platform’ company BigDish (DISH) yesterday - on the back of a “BigDish UK Growth Strategy” announcement - closed up at 5.375p; Good news as this was a UK Investor Show Dragon's Den pick from myself…
BigDish plc (DISH) is a restaurant services company newly entered onto the Standard List this morning. At an IPO price of 4.5p it is calitalised at £12.9 million. I spoke to Aidan Bishop, founder and chairman of BigDish plc. about how BigDish works and where it fits in between existing restaurant plays Groupon (NASDAQ:GRPN), Deliveroo, and Just Eat (JE).
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