Another way of Looking at it... (SP)22 Jun 2020 14:57
A post the other day by... Can't remember who (apologies), was questioning the SP and had 'suspicions' that the SP was being held low by intention.
Now I won't dive any deeper into those dark side but looking at it another way, would the current BOD actually want to fully develop and advance the current 'shell' to a fully blown operation?
We are all fully aware that this if anything is the 'BETA' of where this platform / company is heading. I strongly think this company is now easing up a little.
Stick with me... Why would a company, like... Apple for example, want to take on a platform which had / has already established a branded interface and service to consumers? They will want control of the advancement and I really think that Melody has been taken to advance state as a 'shell'. Taking the next step is huge and of course will require considerable resources IMO to get there.
So concerning the SP... if the price tag increases, would this perhaps deter potential buyers? At the current SP, we know it's an absolute bargain. And this alone no doubt about it will and has drawn attention from serious, potential suitors... So, they come, enquire and Melody reveal their full hand which I think so many of us are really not aware of.
Wireless Connect will be a showcase for the company.
I'm giving this board a little distance for a while. Too much bickering which I will admit, i have been party too on the odd occasion.
This really is a sit and wait share. Some are happy with this, some maybe not so but the time will come when Melody will be taken over by someone else. Anyone's guess when... But it will ;)