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And all the while BigDish continue to blossom
This outfit gets through cash raises quicker than Rick Waller gets through cookie dough. imo
Were is Botz ?
More dilution
Revenue next to none existent
Theme parks and attractions beginning to open,but social distancing in place
Kinda makes these VR models redundant ;-(
Like I've said before remember patient line spreading its self to thin
Turned into an Oliver Twist saga repeatedly asking shareholders for more.
Hope the same won't happen here.
That’s a reasonable answer.
However, they are going to find it hard work.
I can’t see the O2 Offering getting up and running anytime soon as there will be a lack of customers.
London won’t be flocked with tourists any time soon, so that’s the London eye offering possibly struggling for a while.
The Mandalay bay hotel super ride won’t open until July, and May be messed up if the existing seating is too close.
Shopping centre offerings are going to struggle as I doubt the shopping centres will survive financially.
On and on it goes, thanks to this mass hysteria.
I do think they have a future, but it’s going to be a tough journey.
ps:
someone purchased 0.6 percent of IMMO yesterday on the open market [roughly £50k]
This occurred after Downing LLP reported a 3.2 percent holding.
and, at 8am Wednesday the market cap was circa 8 million.
Quality product
Management with skin in the game, and a track record of integrity.
Product located in world class locations
IMMO mean business, and so do their partners.
Investors need to ask, is 2.75p reasonable value?
Is there upside?
I suggest, yes. IMO.
No doubt everyone can fathom their own position.
Investing is always a risk. Invest against risk, not profit.
I would argue that more focus on risk during these times.
As for IMMO:
If you take the time, as i have done, to seek out and [in some cases] speak with their partners around the world you can't deny there's a push to re-open [some countries more than others].
IMMO haven't been sitting in Birmingham [or remotely] during the lockdown twiddling their fingers.
They've been focussed on:
1. what is required to ensure their 'experience' becomes LIVE asap after partner venue opens.
2. developing UV cleaning and personnel training for each site [customer confidence].
3. understanding capex issues for partners. leveraging towards 5yr contracts.
4. completing pending installations.
There's no doubt that - economically - we're in for a storm. But, i'm well aware of human nature. As we already witnessed across the beaches of UK, people will come out and pay & play when they feel safe.
You can bet your bottom dollar that EVERYTHING will be done [and already in motion] to satisfy visitors to key venues that enjoying the Immotion experience is safe.
I suggest people go and look at data when Disney opened ticket sales last week.
People are stir crazy, right now [right or wrong].
I'm confident that Martin understands the market conditions.
All he needs to do, as he has done, is demonstarte the numbers add up [demand].
And, market cap approx 8 million [with recent funding].
Its a big gamble as to if they can resurrect this business or not, however, you cannt buy more than few hundred quid's worth at the moment.