BBSN - Tail End of the Wedge

BBSN has suffered some downward drift recently which makes it an interesting time to get on board following the large spike on the back of the April RNS that it had become the 3rd largest provider of brand driven social media by individual views worldwide. Combined with the fundamentals below this looks like a good opportunity ahead of a reversal in the companies fortunes to get on board. Analysis is showing a tightening wedge indicating a potential bullish scenario and a possible repeat and beyond of April's explosive price rise as imminent news is set to drop .

-April & May - Largest Facebook reach worldwide for brand engagement
-April -4.6 billion views (3rd Largest worldwide social media views & firmly ahead of BuzzFeed)
-May - 5.4 Billion Views (2nd Largest worldwide social media views & firmly ahead of The Disney Corporation)

-June - A possible assault on the 1st position occupied by Warner Media's 421 content channels making BBSN the largest social media content provider.
-July - Interim results which should reflect a new found stability under new CEO , Claire Hungate and a restoration of the companies profit making abilities.

-Shell, USPGA, Puma, P&G, All Nippon Airways plus a whole host of new Tier 1 clients are signing up/renewing contracts.
-Expansion of the company in to APAC.
-In advanced discussions regarding a new strategic partnership contract with a multi-national Information Technology and Peripheral producer in APAC and EMEA
-New CEO is actively working towards reducing cash burn & restoring the companies profitability in 2018.
-4.8m cash at the end of Dec 17.
-MCAP 12m


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