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"either us LTH’s (topping up) are all wrong or maybe there is an update just around the corner!!"
Can we place bets on which of these turns out to be the case?
"am expecting second conversion notice tomorrow."
Same, Italian. All the signs are there. Good chance we'll see 2.5p before the weekend at this rate.
"How will this affect Nikki Lambert's position, I wonder. There seems to be some crossover."
Agree with this. Is she moving on, do we think? Most of the team is still under 'MelodyVR' on LinkedIn, so it's tricky to tell. Only a tiny handful have updated their company to 'MelodyVR/Napster' or just Napster.
Yes, as a Deliveroo customer I received an email the other day asking if I wanted to apply for any shares in the IPO. Only up to £1,000 though through PrimaryBid.
Stay calm, yes. But not necessarily 'run outside dripping wet, rolling in puddles while clutching a lightning rod'... :)
I'm actually increasingly of the view that I could be tempted to average down here. I do think that the CLNs will most likely drop the share price in to the mid-2s in the very near future and at that point, I might well throw a little more punt money at it. Some decent marketing for Napster and some robust IR could well get things moving in a more promising direction from May onwards.
Well they do say 'fortune favours the brave', mel...!
My sense is that people are waiting for a bit of proof of the team's ability to deliver, Keith. EVRH/MVR always had a ton of promise and potential, but never actually delivered much. Last year's numbers tell that story. If we start seeing some evidence that the incoming Napster marketing is tight and that the VR and music content is going to be well presented, in a top notch app, then there's no reason this shouldn't be way, way higher than it is. Consistently over-promising and under-delivering is what's killing us at the moment.
"Appointment of Investor Relations advisor" - well this is undeniably an excellent decision. IR is an historic weakness here, so it's good to see them taking steps to address it. Very nice.
"Need some heavyweight management on the Board sharpish too. Shareholders deserve better."
I like the cut of this Akers fellow's jib, Italian. Definitely worth a follow, thanks. Good luck all!
Thanks DC, although I wonder how much marketing they'll do around Melody VR now tbh. It hasn't been a particularly good moneymaker to date and Napster is clearly the jewel in the crown now. I expect they'll promote Napster strongly and ignore Melody for all intents and purposes, until its services and library can be effectively folded in to Napster via the new app.
Yes, apologies toniinot. Unfortunately AIM BBs do tend to attract their fair share of mouth-breathers and we have a couple of persistent offenders here. To their credit, the moderators do seem to be quite efficient at removing the worst of the effluent.
Deadcross - I agree that those figures seem to represent positive progress. The marketing drive planned for Q2 will hopefully turbo charge this further.
"From AD - "The Napster service currently has approximately 408,000 active subscribers with annualised
churn reducing from 16% in 2019 to an annualised 13% during the first half of 2020."
I don't see any reason why these shouldn't be considered to be the accurate subscriber numbers, given that they appear in the Admission Document.
I'm inclined to believe the numbers given in the Admission Document, given their specificity. The Proactive Investors article doesn't seem particularly credible. As Cheapie pointed out further down, the fact that it ends with 'The next step is for Napster to launch a monthly subscription service' suggests they haven't really been paying attention.
Two additional 'insights' there from Dumb & Dumber as well I see. The Albot 3000 is having quite a day.
Well, there it is at last. Got there in the end.
"proven out by previous attached info"
Your homework for the weekend is to learn what 'proof' means.
Barely any of that made sense. Take the weekend off and we’ll reconvene on Monday. Have a good one.
You haven’t proved anything of the sort. You crack on though. It’s not like your making up gibberish on this board is going to make the faintest bit of difference in the real world.
“We have over 1000 filmed 360 shows and counting”
And while we’re making stuff up, we also have the elixir of life and the formula to turn base metals in to gold.
"That was out of my control"
Sure it was. When you make up total nonsense it does have a habit of backfiring horribly, as it did for you this week.
"Double RNS day?? HUUUUUGE!!"
Let's hope this prediction proves a little more successful than your last one eh KoK? Even a stopped clock etc. etc.