Comments on: Potholes Ahead At Bluefreeway. http://blog.eightblack.com/2008/potholes-ahead-at-bluefreeway/ Thoughts on sales, marketing and the internet. Thu, 04 Dec 2008 00:11:14 +0000 http://wordpress.org/?v=2.5.1 By: Simon Chen http://blog.eightblack.com/2008/potholes-ahead-at-bluefreeway/#comment-42716 Simon Chen Thu, 10 Jan 2008 05:49:49 +0000 http://blog.eightblack.com/2008/potholes-ahead-at-bluefreeway/#comment-42716 Blue, thanks for the comment. As at close of market today, BLU was trading at 0.86 cents. How long are you prepared to hang on...? Blue, thanks for the comment. As at close of market today, BLU was trading at 0.86 cents. How long are you prepared to hang on…?

]]> By: Blu http://blog.eightblack.com/2008/potholes-ahead-at-bluefreeway/#comment-42701 Blu Wed, 09 Jan 2008 23:26:56 +0000 http://blog.eightblack.com/2008/potholes-ahead-at-bluefreeway/#comment-42701 Knowing how the CEO, Rick Webb, operates I'd suggest that Mr Smithers wasn't prepared to put up with the bullying the board would have been receiving from him. The observation that this was a 'play' is probably sound. My speculation is that at some point, Mr Webb and Mr McDonnell would have taken the company back private and re-listed on the Nasdaq, thanks to funding from US equity. The squeeze in the US will have made that next to impossible, and hurt their expansion plans. Word from inside is that it's an extremely political, aggressive place to be. (disclosure: I am actually a shareholder so personally I'd love the price back up around $2.40!) Knowing how the CEO, Rick Webb, operates I’d suggest that Mr Smithers wasn’t prepared to put up with the bullying the board would have been receiving from him. The observation that this was a ‘play’ is probably sound. My speculation is that at some point, Mr Webb and Mr McDonnell would have taken the company back private and re-listed on the Nasdaq, thanks to funding from US equity. The squeeze in the US will have made that next to impossible, and hurt their expansion plans.

Word from inside is that it’s an extremely political, aggressive place to be.

(disclosure: I am actually a shareholder so personally I’d love the price back up around $2.40!)

]]> By: Detours on the Bluefreeway? « David Gillespie’s Wide Open Spaces http://blog.eightblack.com/2008/potholes-ahead-at-bluefreeway/#comment-42658 Detours on the Bluefreeway? « David Gillespie’s Wide Open Spaces Wed, 09 Jan 2008 03:56:57 +0000 http://blog.eightblack.com/2008/potholes-ahead-at-bluefreeway/#comment-42658 [...] Bluefreeway, David Smithers, eight black, PriceWaterhouseCoopers, Simon Chen Simon Chen over at Eight Black has some interesting news regarding Australian digital media conglomerate [...] [...] Bluefreeway, David Smithers, eight black, PriceWaterhouseCoopers, Simon Chen Simon Chen over at Eight Black has some interesting news regarding Australian digital media conglomerate [...]

]]> By: Des Walsh http://blog.eightblack.com/2008/potholes-ahead-at-bluefreeway/#comment-42654 Des Walsh Wed, 09 Jan 2008 02:53:46 +0000 http://blog.eightblack.com/2008/potholes-ahead-at-bluefreeway/#comment-42654 Glad I got in early and scored an invite to the launch party in Sydney. And a very Sydney bash it was too. Couldn't hear yourself speak but lots of beautiful people, business cards flashing promiscuously, endless supply of yummy food and an open bar. I'm reminded by your observations that someone suggested to me at that time that it was really a stock market play rather than primarily the manifestation of someone's dream of a super multimedia/whatever conglomerate to solve all of industry's online challenges with a one-stop shop. Glad I got in early and scored an invite to the launch party in Sydney. And a very Sydney bash it was too. Couldn’t hear yourself speak but lots of beautiful people, business cards flashing promiscuously, endless supply of yummy food and an open bar. I’m reminded by your observations that someone suggested to me at that time that it was really a stock market play rather than primarily the manifestation of someone’s dream of a super multimedia/whatever conglomerate to solve all of industry’s online challenges with a one-stop shop.

]]>