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But of course, mobile platform education will never catch on.
Ridiculous concept.
Fairly apathetic response to good news?
Have VRE a dark secret ?
Given VRE's rather close association with mobile phone giant HTC I would say this RNS is fantastic news.
Only sells like last week but I can dummy sell my whole holding???
Stock pilling for a surge north hopefully..
GLA
Great to see a delayed publication coming though from Friday afternoon. Two trades totalling just over 175k, buys at 19.58. Solid demand
Hardly no trades this morning but I can sell my whole holding.. Buying them in for a blue week and a nice run to a new high.. ????
Counter intuitive perhaps, but I'm getting increasingly confident that we are going much higher in the coming weeks and months, largely due to how this relentless shakeout doesn't seem to be pushing below 17.
It has given people every opportunity to exit their positions above 17, for quite a few days now. I tend to get cautious on the euphoria, and be balanced on the down days, but I am pretty bullish from here.
There won't be much overhead resistance now to 25, and the resistance of that all time high level has been weakened, so if we get an injection of buys, things will move quickly north. Something to think about if you're humming and hahhing over an entry. If you wait to get in you'll likely miss the boat from here.
In terms of margin of safety, how much lower do you realistically expect it could fall, with the 3.4 mil in reserves creating security in terms of the company continuing as a going concern. Anyway, something to think about..
Yeah, can’t for the life of me see how they were able to get a single 100k trade in at 17.50, but hey at least it’s new blood in keeping things buoyant.
Nice 575,000 buy this morning ... someone confident
Correct. Website is a joke
Only 2 sells today (31,944), rest are buys
18.10 v 1840
Mostly buys this morning and decent chunks as well...
Let's push above 20p and beyond before any major news drops
The COVID-19 pandemic has transformed the Group's fortunes as businesses, corporations and educational institutes globally are now seeking better alternatives to video-based communications due to limitations with collaborative tasks and the drawbacks of larger group communications via video as a medium. Our recently announced strategic partnership and investment from HTC places the Group in a strong position to accelerate the global adoption of the ENGAGE platform and create value for shareholders
Results as expected - forward looking statements looking strong.
https://www.londonstockexchange.com/news-article/VRE/final-results/14578560
Thanks JB spot on - teaches me to rush checking when out this morning - though HL who I use still have the old number of shares in place rather than the new % which is Correctly on the RNS - Doh
I would think it was as a result of HTC 20% dilution, need to check the amount of shares they own if it hasn’t changed it because the total shares have increased
Interesting - I wonder who has picked up the 8% from the Whelans? Would suit me if it was HTC - but another II would do fine....
Approx 19 M shares - valuation roughly around the 4M mark - don’t personally see this as private investors - but we shall see
Spot my deliberate mistake on the day error!
Courtesy reminder of the next event on Tuesday - they don’t hang around now deal done-
HTC VIVE Virtual launch event - unfortunately may have to wait till Wednesday to review due to launch at 9.00am Beijing time - 1.00am -3.30am UK
The world is going through an unprecedented time full of unimaginable challenges that have impacted all of us around the globe this year. During times like this, it is vital that we are united to identify the core issues, then seek to build solutions versus laying blame.
The “New Normal” we have gotten accustomed to the last few months has exacerbated health, political and economic strains within all facets of our current society. But in time, it will pass, and we will overcome it.
Technological innovation and adoption has been the core driving force behind broad societal progress throughout history. This truth will continue to be the case going forward, and it is up to us now to look ahead, take on a growth mindset and create this better future together. HTC VIVE invites you to join us on 6/16 1am GMT for a virtual “Journey into the Next Normal”.
We are looking forward to your visit!
https://mobile.twitter.com/AGraylin/status/1268221919632871424
Couple of statement that make this partnership exciting. Having the VP sit as a non exec on the board. The strategic sales channels through HTC. Really exciting!
Just tried to dummy sell and for the first time today they'll take my full holding .... Could see this start to head north..
With all the selling there must be a massive buy order being filled as the SP isnt budging..
Good news. Let's hope for some interesting updates soon..
Strange that the SP is holding at 17.50p as theres been quite a bit of selling since 10am but its held firm. Even that 100k sell didnt affect it..
RNS Number : 7032P
VR Education Holdings PLC
11 June 2020
For immediate release
11 June 2020
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
VR Education Holdings plc
('VR Education' or the 'Company')
Result of Extraordinary General Meeting
and
Admission of Subscription Shares
VR Education (AIM: VRE; Euronext Growth: 6VR), a leading virtual reality ('VR') technology company focused on the education and enterprise training space, announces that, at the Extraordinary General Meeting of the Company held earlier today, all resolutions set out in the Circular dated 19 May 2020 were duly passed.
The results of the voting will be available shortly on the Company's investor relations website: https://immersivevreducation.com/investors.
Accordingly, following the announcement of 20 May 2020 notifying that HTC Corporation ('HTC') had agreed to invest €3.0 million in the Company (the 'Subscription'), the Admission of 48,284,102 Subscription Shares to trading on the London Stock Exchange's AIM and Euronext Growth, for which application has been made, is expected to occur at 8.00 a.m. on Friday, 12 June 2020.
Highlights:
· Issue of 48,284,102 Subscription Shares at an Issue Price of 5.47 pence per Subscription Share;
· The Enlarged Issued Share Capital of the Company will be 241,420,508 Ordinary Shares with the Subscription Shares representing c.20 per cent. of the Enlarged Issued Share Capital;
· Gross proceeds of the Subscription are €3.0 million (£2.64 million) with net proceeds after expenses being approximately €2.93 million (£2.58 million);
· Proceeds of the Subscription will be used to further develop and enhance the Company's ENGAGE platform and build its sales and marketing capability, as well as the production of additional showcase experiences to support the uptake of the ENGAGE platform; and
· Praveen Gupta, Vice President - Corporate Investments and Development, HTC, will join the Board of VR Education as a non-executive director of the Company. A further announcement in relation to his appointment will be made in due course.
HTC's investment follows the success of the 2020 HTC VIVE Ecosystem Conference which was hosted on the Company's ENGAGE platform in March 2020. Further to the announcement of 20 May 2020, HTC and the Company have entered into a strategic partnership for the distribution and license of the Company's ENGAGE platform globally through HTC enterprise sales channels.
Total Voting Rights
Following Admission, the Company will have in issue 241,420,508 ordinary shares with voting rights. The above figure may be used by shareholders as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules. There are no shares held in treasury.
Capitalised terms used in this