Yeah other than double the trade volume which is generally low anyway cant see anything to justify the shift in sentiment/price.
Have there been any surprisingly large single orders?
Just thinking that a single large order could have moved it significantly, itās a very small market cap.
A fair few around the 100k mark and the highest I found was for 215k shares.
They added 3 games (and companies) to their customers
Will we see an AIM investment soon?
Lol. Heās at every corner 
- Strong momentum with 14 new games added
- In March 2021 Verizon Media, a division of Verizon Communications Inc., became the most recent member of our Approved Partner Network for the Nordics and the Netherlands adding invaluable experience and a deeper understanding of two important strategic markets to the Approved Partner Network
- Bidstackās integration with a leading DSP in April 2021, will further increase ease of purchase by providing media buyers an increased variety of methods to access in-game inventory across key regions such as North America
- In April 2021, Bidstackās brand activations were publicly recognised in the Campaign Media Awards 2021 by winning the Fashion & Beauty category with Publicisā Starcom UK for Paco Rabanne, which significantly increased its online sales, spontaneous awareness and propensity among young men to see its āInvictusā fragrance as a great gift for men in their early twenties through its in-game campaign
- Bidstackās pipeline for further AAA and high-fidelity titles is robust as game developers of all sizes and channels are eager to adopt Bidstackās offer to deliver quality brand campaigns and provide an additional source of monetisation
Andā¦
- As set out in the Annual Report and Accounts, the Board expects that revenues for 2021, while materially greater than 2020, will continue to be significantly second half weighted
Anyone had time to mull over the annual accounts. Seems the market is relatively meh on it.
To me this is key:
Going concern
The Group is dependent on further equity fundraising in order to operate as a going concern for at least twelve months from the date of approval of the financial statements. Although the entity has had past success in fundraising and continues to attract interest from investors, making the Board confident that such fundraising will be available to provide the required capital, there can be no guarantee that such fundraising will be available. Accordingly, this constitutes a material uncertainty over going concern.
AKA DILUTION.
Which is then contradicted slightly by:
The Directors have stress tested the Groupās cash projections, which involves preserving cash flows and adopting a policy of minimal cash spending for a period of at least 12 months from the date of approval of these financial statements. The Directors believe the measures they have put in place and will result in sufficient working capital and cash flows to continue in operational existence.
Either way further funding is needed.
Iāve not worked out exactly how much might be needed re potential dilution against current value of the company.
What also appears to be missing is forecasts on when they can expect to break even, or potential revenue this year.
Ideally I would like to see some of the directors release some of their shares(James Draper), to offset dilution for investors, but given the MCAP is 21m and I suspect they need a 3-6m raise(havenāt worked it out), that would more than wipe out his shares.
It looks like 500k of investor funds was used as share payments to directors in the company. Iām not against rewarding staff, but as long as this is put towards incentives to help drive the company forward.
Not concerned in the short term about Dilution and not exactly a fan of rewarding Directors until they prove they can grow Revenue and Profit, but willing to hold on for a few years to see how it goes.
Might take a few years at this rate.
I always saw this one as a few years play tbh, if it catches fire the rewards could be very nice but I agree with what you were saying about rewarding the directors at this early stage
Interesting to see a target quoted of 8.5p, and a speculative break even in 2022.
Have to say if I wasnāt already holding at a loss, this management wouldāve pushed me away a while ago. Only so much you can accept.
Have to agree, the director is clearly bright, but needs a counterweight in the company to run the day to day things.
They have ramped up their sales team, so you would think that was based on intentions to push for further revenue. There are still a lot of institutional or insider investors, so the workers incentive is aligned with shareholders.
Its an interesting hold with beer money, lets see how it goes!
So the screenshot indicates two points by the analyst?
- A downgrade in 2021 revenues
- A target price of 8.5p, which is greater than the current stock price
Does anyone have the full document?
I cannot find it (search engine).
The other thing is, based on the comments on Twitter, they seem to think that Stifel (analyst?) has insider information to lower its revenue forecasts. They may have just based it on the annual report.
If Stifel had insider information that would likely be illegal. I think the practice of analysts having insider information was banned a few decades ago. If anyone can confirm, please do 
.
It seems like there is a āforumā of bidstack investors:
I wanted to join to see if there is additional information from people that have followed it for longer, but I canāt find how to register( and it seems like you need to be registered to see the posts/threads)
Can anyone see how to register/access the posts?
@Bidlievers is an actual user here - posted a link way further up the thread to the same place;
Although I donāt recall joining last time I followed the linkā¦ very odd as I canāt see a āregisterā link.
Some great analysis on there from what I remember - would be good to get their latest thoughts.
A kick up their backside is all they need really.
Maybe the new Team re-evaluated their forecasts and told them āYou need to lower the projectionā but likely did thiis after the Announcement as the Numbers were already set in stone for the Financial Report.
There shouldnāt be any leaks but it is a concern if an Employee is doing this.
I do not doubt this will do well but they probably need to reshuffle to get the Business running better. The CEO clearly seems to be under pressure for them to re-evaluate in house.
At least it wonāt be a shock if they do make Ā£4million Rev instead of Ā£9 million. The share price shouldnāt in theory drop when it is announced but it will drop this week from this leak.
I must have read that at the time, but I actually forgot (or didnāt notice that it was a separate forum).
Thanks
Hopefully they let us register or see what they post, it would be nice to share thoughts. Also, the community on there are likely to have been following Bidstack for longer.