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i know that, you know that. But the big boys know that a big negative scares the PI's so they sell down hit some stop losses and then they buy back in lower. Its what they do.
bearing in mind the figures will only go up to 31/12/19 i think the most interesting parts are going to be any after date news and forward looking statements if any. we shall see.
Hi Rumfuddle, you are correct in as much the profits will be wiped out by the costs of development, however I would expect the SP to rise should the Accounts reflect the expectations of the investors.
Personally, the losses will be aligned with the cost of developing and testing, with another 18 months of money in the bank to sustain the company over another developing period.
GLA
not profit, I meant revenue.
The price is dropping because the accounts will probably be published in the next few days/weeks and the costs will undoubtedly outweigh any profit by a huge margin which will again cause more sell off until a bottom is reached 3.5? and then it will start to climb again. The same happened last year.
You are correct Themis in the respect that AM has not fulfilled his commitment to providing answers to the people who employ him, however I don’t believe you can blame the whole company.
I believe there are a lot of people with information on the timing of an announcement as this is blatantly being manipulated by those MM’s, buy more and hold tight!! GLA
Maybe the MMs are dropping the price because people are selling, because time and time again the board of this company mislead investors.
Where are the Q&As? why bother asking for shareholder questions if they are going to completely ignore their own timescales yet again. I repeat - AM should go and be replaced someone who sticks to what they say.
No Worries Italian!! I always thought they were complaining they were ill!! Lol, Good luck all and stay safe :)
thank you Denzal. doesn't really have the same appeal as" cool" does it,.but will bear it in mind.at least I've moved on from "hip" (more commonly encountered now by my generation in the context of replacement surgery!)
Hi Horse.Mouth, as per my earlier post under 4.4p, my average is fortunately better than yours as I have been able to reduce it over the years of being on this journey. The reason I believe the SP hasn’t risen is complex yet simple, MelodyVR’s Team have a great amount of Lessons Learnt from other companies and implemented those lessons into our company, the problem we have is people ‘want it now’ if it doesn’t work first time they bin it and move on, we cannot afford for that to happen, therefore we have to test and test and test again.
It’s frustrating, but our patience will prevail, we will be rewarded, you will be able to afford a pair of ‘new teeth’ we know the accounts are just around the corner, we just need to ‘chill’ in your heart you know it will come good, just trust your judgement!! GLA
I only know that as I have early twenty year old daughters, :)
The Italian!! Cool = Sick these days lol
very interesting petebo.the time is fast approaching when the wearing transforms from nerdy to cool.you can see it coming when you look at the prototype glasses. they are satrting to look really high tech imo. sorry if cool is not an appropriate expression these days but you know what i mean and i am very old.
Here’s a nice little video describing the new tech.
Whilst commuters not wearing big Quests on their faces whilst commuting they would likely wear this smaller tech
Could be a real gamechanger
https://twitter.com/qualcomm/status/1265307205215158274?s=21
Lordfont, like you i also need new gnashers, trouble is vets bills are so high. And i am all in too and most of it in melody but i have been here before on aim and no matter how good the prospects appear,to be i have been sunk twice already!
spot on PM , live nation could make a move on the 6th of July ?
i have had this share for a while , the news is unbelievable , i take my time to read and understand all the great posts on here even the ones that i don't agree with , i go to other sites and webs to check , i cant see why anybody would sell one penny of this gem !!
So let me get this right... new awesome glasses en-route, Qualcomm’s making new chips.... MvR constantly evolving and upgrading adapting.... live nation drops out of deal... could very well deal elsewhere ... MVR in bed with live nation .... I can’t wait for the news that follows.. people are f£&%*&£ mad if you can’t see it lol
Thanks for the links ORLM and parislse
The drive for VR headsets will initially be driven by 5G mobile bundled contract deals. They are projecting exponential growth in VRs this way
Paris - great video link BTW. Some helpful nuggets of info in there!
ORLM/parisise game changer?!! final barrier to mass adoption to be removed more quickly than expected imo.
Qualcomm drops bomb on the VR industry.
https://youtu.be/zaviN_z2CV8
Mass adoption coming....
https://www.roadtovr.com/qualcomm-reveals-plans-help-commercialize-lightweight-5g-enabled-ar-vr-headsets/amp/
Positive news emerging between manufacturers and telcos. More weight behind the drive.
"The semiconductor giant has partnered with fifteen global telecoms across Asia, Europe, and North America. Qualcomm says the following service providers will be commercializing some form of ‘XR viewer’ within the next year: China Mobile, China Telecom, China Unicom, Deutsche Telekom, EE, KDDI, KT, LG Uplus, NTT DOCOMO, Orange, SK Telecom, SoftBank, Telefonica, Verizon, and Vodafone."