Australia's largest stock trading and investment forum Australia's #1 stock forum

BIG

0.00%

$2.22 big un limited

Ann: Big Un Limited Market Update- Finstro, page-158

First 158 Last

Share
Profile

Follow
Maschino

1,403 Posts.

45

09/02/18

14:36

Post #: 30948979
Share

Originally posted by lukes34 ↑

It is just another useless article designed to create fear over nothing....business as per usual. Hopefully the market realises that afr are just trying to create baseless fear- they used credit to get the ball rolling fast, which made the share price rise fast and hence is in line with the issuance of shares at a "seemingly high discount" Note that BIG aren't stupid and are aware of this discount after they discontinued a takeover deal of another company (or vertical, forget what it was exactly) after a sharp share price increase. Obviously, they have done well without them and such a move was in the best interest of the shareholder. The same could not be said for the tipsly deal as this deal is. in their opinion and many others, paramount to the rollout (along with zeta) and success of their app. Unusual situation yes but not illegal or misleading. BIG have always been ridiculously honest with it's shareholders- a rare trait for management indeed. I have no idea what vendetta AFR have against BIG but presenting it in such a light (e.g revealing its secret to cash flow) is borderline misleading and possibly defaming/damaging if it leads to a significant drop in share price. All imo. Good luck to all, we certainly don't deserve what is happening with gsw, the money is there fairly and squarely.

Expand

How'd that go for ya?

BIG Price at posting: $1.59 Sentiment: Sell Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

ORP

Orpheus delays drilling at South Australian play Frome, on traditional owner advice

IR1

IRIS Metals sniffs 75 metres of lithium in South Dakota, pushing share price up 9.99%

LVH

Livehire sees share rocket 91% on takeover bid by Humanforce

Bitcoin: Current State of Play & Where to Next | Swyftx

Emerald & Azure score Digger & Dealer awards