RE: 200m shares (range 12-18p start price)29 Nov 2020 14:31
Jack
12-18 is a possibility , Arden will have to take on board the debt the only other consideration would be ( bad sales from the Melody library ) which shouldn't be a big factor as we will be at the start of the new business model with other partners to show their hand . i see mentioned 70m turnover for RTO which is great but its about profit , i see Melody/Napster sharing kee people and information / resource , saving our new company millions which is pure profit so win/win .
As the Napster deal has been on the table since covid started , by luck this has helped them get their ducks in order and why we couldn't work out why the library was not released ( boy we know now ) .
Sonos - RecoChoKa -- Live Nation -- Face book --- Microsoft --- Sony , are all connected so fingers crossed , imho . GLA LTH