Burgerfuel

[hairdresser]

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.

[Bling_Bling]

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.

[boysy]

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

[Toddy]

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.

[wsheridan]

quote:Originally posted by whatsup

Looks like these guys are going to "fund' a company that they already own, hoping for a exit somehow!!!

Yes, no doubt the extra they buy will be drip fed onto the market over coming monhts, further undermining its price.

[etrader]

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.

[upside_umop]

Do you think they will be silly enough to try list this share a premium?

Picks for opening/closing?

6 Months time?

[Serpie]

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.

[Caesius]

How easy is it to go short with a NZX stock? I'd like to with this one.

[warthog]

quote:Originally posted by upside_umop

Do you think they will be silly enough to try list this share a premium?

Well, if you can list this company at a premium then the boys at Burgerfuel will reward you handsomely.

However, the old hog suspects that you can't, and neither can Burgerfuel's advisors.

If you want a slice of Burgerfuel, wait patiently.