sharetrader
Page 22 of 76 FirstFirst ... 121819202122232425263272 ... LastLast
Results 211 to 220 of 757

Thread: Burgerfuel

  1. #211
    Advanced Member
    Join Date
    Jun 2007
    Location
    Auckland, , New Zealand.
    Posts
    2,188

    Default

    im sure the investor who sold at 81 cents might need a few drinks after what hes seen happen to his share price wonder if he can afford to hit top shelf to drown his sorrows[]
    Time is a great teacher, but unfortunately it kills all its pupils

  2. #212
    Senior Member
    Join Date
    Jul 2006
    Location
    , , .
    Posts
    850

    Default

    Has anyone figured out yet what happens to a loyal customer base if you flog them shares in $1000 parcels that immediately lose 20% of their "value" and are totally illiquid?

    ----
    Never try to teach a pig to sing. It wastes your time and annoys the pig.
    ----

  3. #213
    Senior Member
    Join Date
    Jul 2006
    Location
    , , .
    Posts
    850

    Default

    Wouldn't surprise me if the founders wanted $800 for drinks and figured it a sensible way to make an easy $750.
    ----
    Never try to teach a pig to sing. It wastes your time and annoys the pig.
    ----

  4. #214
    Advanced Member
    Join Date
    Jun 2007
    Location
    Auckland, , New Zealand.
    Posts
    2,188

    Default

    do you even think its worth 20c though i fell sorry for shareholders obviouly the owners knew it was a dog but sucked in people with advertising.
    Time is a great teacher, but unfortunately it kills all its pupils

  5. #215
    Senior Member
    Join Date
    Jul 2006
    Location
    , , .
    Posts
    850

    Default

    boysy - I just gave my valuation.
    ----
    Never try to teach a pig to sing. It wastes your time and annoys the pig.
    ----

  6. #216
    Guru Crypto Crude's Avatar
    Join Date
    Dec 2006
    Location
    New Zealand.
    Posts
    3,804

    Default

    quote:etrader
    BFW what a joke.

    The founders are laughing all the way to the bank
    Well the founders are not laughing all the way to the bank... That was the reason why they listed this company because they wanted to attract investment from other means than their own pockets... one of the directors was reported saying in the chch press that the extra money he had to front for this IPO to go ahead "came at a stretch"... over 1million from 2 directors... cant remember his name and exact added investment because im not looking into deeply, and Its a stock we can all laugh at rather than time entrys at 50% plus discount to IPO price etc.... these directors arenot laughing all the way to the bank...
    Someone here tried to compare Pike to Burger Fuel, and said that Burger fuel was better... Burger fuel is nothing like PRC, and BFW has nothing on what PRC will offer over the long term.... and I cant be bothered explaining why...
    [8D]
    .^sc
    BITCOIN certified rat poop. NSA created, Expensive to send, slow, can only trade on cex, no autonomy, spaghetti code, has been hacked, accidental Backdoor brc20s whoops, no one building on it, alienated all cryptos against it, volume is fake, few whales control large supply... it will perform though

  7. #217
    Member
    Join Date
    Jun 2001
    Location
    auckland, , New Zealand.
    Posts
    431

    Default

    Fair enought SC

    Mind you depth has come on strong with buy side building strong now new buyer looking to pick up 5000 at a 25% discount to ipo

  8. #218
    Member Yossarian's Avatar
    Join Date
    Jul 2005
    Location
    New Zealand
    Posts
    178

    Default

    the founders valued this company pre ipo at $45m.

    the market (so far!!) values it just under $43m, including $8m cash.

  9. #219
    Member
    Join Date
    Jun 2001
    Location
    auckland, , New Zealand.
    Posts
    431

    Default

    quote:Originally posted by Yossarian

    the founders valued this company pre ipo at $45m.

    the market (so far!!) values it just under $43m, including $8m cash.
    Will be interesting to see how quickly the $8 mill get chewed up and when they'll come to the market for mor $.

  10. #220
    Member Yossarian's Avatar
    Join Date
    Jul 2005
    Location
    New Zealand
    Posts
    178

    Default

    I hate to be negative, but the share price at the next capital raising will probably mean a lot of dilution for existing holders.

    That said, I'd honestly like to see Burgerfuel prove me wrong.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •