Yet those exact companies who place TV ads are now multi-billion dollar stocks: WPP = $28B, OMC = $19B, PUB = $18B, IPG = $7.3B
Wish someone would knock on your door.
Printable View
Oops sorry no Canadian dialect.....I was told there was a placement of Snakk at ten cents.My guess was it could be placement to Aussie big bright and beautiful knowledgeable and professional investors or could be Dragon or the other mob unloading a good parcel.I didn't ask the simple question of which.Hope that helps. Good source in my opinion...cheers..Don't want to mislead anybody...
First you were fed the line he was donating (more) shares to charity but when the disclosure came out, it showed he took the opportunity to unload shares, and will unload more in future.
It is the thin end of the wedge.
You need to get the full picture, Moose because you are being fed half the story all the time.
Excellent points Schrodinger. They have no guaranteed return business by the sound of it. Worrying to me (and I've expressed this before) is the fact that increased revenue brought with it increased losses. On the business model described here I wouldn't have thought that to be the case, unless they are having to spend a fortune continually trying to clinch their next job.
My experience of the AD industry is that they are very much into "contras" which you can show through the books as revenue but aren't going to add to the bottom line. I wonder if that is what is occurring here?
We shall see in a few months how things will pan out and surely those of us with skin in the game have more to worry about than those that don't but the reverse seems to be the case judging by the intensity of the comments on here
Ding ding.
This isn't a scaleable platform. They need add teams for each campaign more adds means more team, unless they can automate the campaigns (Wildfire). It's not like a Xero, Microsoft or SalesForce which can produce unlimited versions for virtually no cost.
Moosie for peace of mind I suggest you study TradeMe, Google, Microsoft, Xero etc and understand what we mean. I am a big fan of the TradeMe model it's almost perfect considering it's only in one market.
In saying that they can still be profitable but they aren't going to dominate.