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Anyone else think MMs are on borrowed time here! Can’t see how they can continue to supply Shares when no one is selling!! All buys today (even the delayed trades) Think they could get short squeezed if they are the wrong side of this!! Good time for a little bit of company news. They said In the interview bigs news is coming!!! GLA
DAVY VIEW
HTC Corporation’s (HTC) investment in VR Education (VRE) solidifies its conviction in both the ENGAGE product’s capability and management’s competency. The partnership offers enhanced sales and distribution prowess and represents impeccable timing as global working preferences realign. The current exodus from physical to digital has allowed the group to capitalise on several commercial opportunities — its ENGAGE platform has become a standout product. We believe that behaviours and perceptions reshaped by the pandemic will become economic tailwinds within the Virtual Reality (VR) industry and as such reiterate our ‘Outperform’ rating.
https://www.davy.ie/research/public/article.htm?id=ST2_23895_1.xml.htm
Some big trades gone through today. Got to be plenty of sticky shares out of those 19million available.... why 19m not 20..... hmmmmmmm big smile ;)
Wow, something I just picked up from ADvFN chat.
I did not realise that 91.3% of the shares (inc HTC) are in major shareholder and directors hands.....that leaves just 20million shares for general public!!!! Not a lot - 9% of the company. I expect some big moves up, especially if MMs are running low or went short to provide supply on that last peak!!!
GLA
I suppose the other possibility is to prepare VRE for a full takeover. Either way looks good for share holders :)
Yeah, I imagine its to help VRE maximize the appeal of "Engage" to the Asian market. They obviously recognize the value of the core asset. It probably just needs a few bells and whistles to hit the right spot for Asian markets. Been looking in here daily, not too much in the way of price movement. Volume down on last week but still more buys than sells daily from what I'm seeing.
You have to wonder why HTC put a non exec on the board of directors. To protect a 3m investment.... I think not....that’s like 5000 phone sales...peanuts to them. Have they got much bigger plans which they want to protect? The directors did talk of big news on the horizon.