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Ann: Quarterly Activities Report, page-23

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martincooper

1,105 Posts.

62

02/08/21

16:31

Post #: 54968642
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Originally posted by Tails62: ↑

BID have put together an expensive Management Team and stated that this is a deliberate strategy, so that they can execute their business plans.

If the BID Management Team can execute on their strategy, within the time frame they have committed to, then BID's share price should improve.

At present, growth has slowed, they are still cash-flow negative and the market is waiting for their full year financial results.

Their is public information available which suggests that all is not as well as it could be with regards to how the BID Management Team is executing on their strategy.

Time will tell, but right now the BID share price seems to be reflecting that there is a higher risk around whether the BID Management Team can deliver on their publicly stated goals, within the time frames they have committed to.

I do not believe that the BID share price is reflective of Tech Market sentiment as some people have expressed here recently

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Thanks for sharing this, being a holder I am probably caught out in my own bias.

BID Price at posting: 47.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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