1600 buyers from all that advertising. Hope their A&P spend is more productive.
I think they have just confirmed to the market that this is a dog.
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1600 buyers from all that advertising. Hope their A&P spend is more productive.
I think they have just confirmed to the market that this is a dog.
It wouldnt be a dog if they priced it right and gave a more realistic business plan and strategy. AT $60 million and have BF stores dotted around the world is selling a dream, not reality.
I dont think dream gives them the right credit i think pipe dream might be more realistic reality especially given what they thought the company was worth:D
I'm still rolling around the floor laughing about these guys.
Selling shares from a burger joint to a target market of students.
Right, back to flipping burgers.
Yes, no doubt the extra they buy will be drip fed onto the market over coming monhts, further undermining its price.Quote:
quote:Originally posted by whatsup
Looks like these guys are going to "fund' a company that they already own, hoping for a exit somehow!!!
Will they be taking a loan from the company they owned to the company they partially own, then bought shares in the company they owned by borrowing funds from the company they now partly own.
Do you think they will be silly enough to try list this share a premium?
Picks for opening/closing?
6 Months time?
If they only got 1600 investors that would hardly cover the advertising campaign.
So they've still got to cough up $6.4M themselves, and they've got 1600 shareholders who (I would imagine) don't know much about holding shares, that need to be managed.
If I had $6.4M I can think of better investments than a burger chain start-up.
Actually, it's pretty hard to come up with worse ones. But maybe that's what they said about Maccas.
How easy is it to go short with a NZX stock? I'd like to with this one.
Well, if you can list this company at a premium then the boys at Burgerfuel will reward you handsomely.Quote:
quote:Originally posted by upside_umop
Do you think they will be silly enough to try list this share a premium?
However, the old hog suspects that you can't, and neither can Burgerfuel's advisors.
If you want a slice of Burgerfuel, wait patiently.