Member Info for lofas

Lord, not sure it’s good news for us. If FB having a preference and it is not MVR, in my book it’s not good news.

Pud is one of us. That is at least 1p on top of any prediction.

MM may be able to influence the price if trade volume is low and buyers are not around in quantities. They have multiple tricks in their tool box and we all seen that in the past. Personally I don't think MM hold the price at a certain level. Obviously we expect the price to reflect all known ( and sometime unofficial expectations) info and admit ably MM may have some advantage when it comes to daily trading. personally my expectations is set at combined value ( mvr + napster) after expected dilution inflated by 50% excitement factor, that is 8.5p to 10p, setting the new entity market value at £187m to £220m.
However, this excludes any further developments, announcements , takeover part-2, FB update, LN VR schedule, and AOB which may influence the price from now to the point when trading resumes. IMO & GLA.
excitement

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Indeed, partnership with Sprint.

Sprint Corporation was an American telecommunications company. Before its acquisition by T-Mobile US on April 1, 2020, it was the fourth-largest mobile network operator in the United States, serving 54.3 million customers as of June 30, 2019

I’m going to be next to you on the journey to a quid. A toast to the first VR event and GLA.

Hi Mel,
Undoubtably LN & MVR have a plan how to rollout the coming VR events. No doubt that the line up will get stronger over time.

LF, is this Another pipe cleaning exercise? I may be completely wrong but don’t think this fella will enter the top or bottom of the 10K artist list in UK &IR.
However I keep reminding myself that LN is the promoter/producer whereas MVR are responsible for the tech aspect of the event.

Read tons of BS on this board over the years however, yours peaky goes Right to the top

wow...competition is around the corner, we snooze we lose.

Hi Mel, FB is the only name that is not on the podium with the rest of the big boys. We hope their update this month will include a link to future music/vr music endeavours. We will be happy With FB Matching the oculus price tag.

Pudd that is correct. It was not mentioned in the mvr RNS...gives the impression that the music industry is not expecting payment ???

Hi MrH, without a doubt the value of the new entity should be more than the combined value of each before suspension. Based on the expected diluted Stock we can pencil a tad below 6p. Whether it’s 6p or 7p it’s not significant. The next part of the take over will determine our fortune. We are still waiting for FB to show their hand?

Thanks.

That will burn the shortest :-)

Combined market valuation before suspension is £125 approx, based on 2.2B shares, that equates to 5.8p however this is without all the excitement and seismic impact. Also we may get additional news? Not sure if company is allowed to broadcast RNS during the suspension period. It will be great to close first day between 10p to 20p.

10p will set market value to £220m close to $300m.
Let’s hope that first day close price is in double digits

Sounds like you Are desperate or in a hurry. In this case you only get 3.5p :-)

The latest announcement puts MelodyVR in more direct competition with other large streaming services such as Spotify, Amazon Music and offerings from platform giants Google and Apple.

FB is one big name which is missing from the above list. Do we need to say more? GLA

Still wondering how MrZ is Going to play. Maybe additional details in next month briefing. They made a big announcement in Aug and we all hope his love melody will kick the new Napster to orbit.