Member Info for maxdba

I would expect some fairly meaty news within the next couple of months to boost the sp up to 12p, or so, then a fundraise

petebo, what the eejits mean when they say "no news" is that an RNS announcing
a buy out at £1 a share has not yet been posted
All other news is irrelevant to these guys, no matter that they all show the company moving forward and upwards

I think the question you need to ask is at what price point is a buyout of MVR most economically advantageous

I propose this thinking

£100M - probably needs a bit more time and investment
£500M - business up and running, but still needs developing
£1B - business is working, great traction in the public arena, but not fully developed
£5B - fully working business, everyone knows about it, can still be integrated
£10B - becoming a monster, who would be buying out who, hard to integrate
£20B - woohoo

I think that Horsey Horsey is being a bit unfair about the news as there has been quite a few RNS's this year.
Have to say that I am not a fan of the RNS for blowing the MD's nose brigade which Horsey appears to belong to.

Concerning the smaller PI#'s being irrelevant, this is not true.
Smaller PI's are something to be managed as the share price sets option and warrant prices and influences fund raising.

You might also take the view that for a business like Melody which is heavily backed and effectively has huge resources (ie it is not going to be allowed to fail.......... at the moment) that if the sp is being talked up, then a fund raise is coming, whilst if it is being talked down then perhaps they are trying to knock out shareholders with larger holdings.

The management might even be colluding with Merian in respect of such a management of the share price.
Why else would a professional shorter not close their position when the sp has fallen from the opening position of 9p / 10p to a sustained low of 2.5p, when at 2.5p there was a bow wave of good news around the corner (for all to see) and a siginificant rise was inevitable - I can't think of any reason why a shorter would not to close and move on to make use of the money elsewhere, rather than run the risk of locking the money up for a further year or more.

I would like to point out that only 17% of the available shares are held by the general public

83% of shares are held institutions and notable individuals

There will not be a bidding war for this company, one day it will just be sold.

It will be "coming soon" in full 360/VR

With Merian currently closing a series of shorts has anyone given thought to the idea that they may close their EVRH short and go long on EVRH with the cash pot that they gave been building

This is what the did with BooHoo, they shorted it down then went long with a significant holding

Just a thought, could be way off target

I think boxing in 360/VR with the cameras at the corner posts would be exciting/astounding/astonishing, a huge hit in other words

Cant believe that nobody has tried it out

Themis - Maybe someone in Merian will ask why wasnt the short closed when MVR was sitting at 2.6p for weeks on end ?

Then I guess they will ask how long will it take to get back to 2.6p

Difficult questions to answer I suspect

gell, I think 1.6p from the current 8p would not be the result that most are looking for

And maybe a problem for yourself

Ha, well that would be a good reason

For anyone thinking about complaining about the schedule of events, or lack thereof

Just take a look at NextVR's schedule and say where you would rather have your money.

https://www.nextvr.com/schedule

I know they were concentrating on NBA stuff, but this schedule is most unimpressive , maybe even a bit concerning for their investors, nevermind that they are not showing anything after the end of July, not even the NBA games.

Perhaps Melody, with all its promise and news to come, is not such a bad proposition after all.

The second RNS looks to me like a pitch to advertisers, as much as anything else

I believe that any change in a notified short position has itself to be notified

Tomorrow we will see, after 15:30 todays short position declarations

That's what catches us PI's out

The likes of Merian can punt a million quid on a short, cause a small dip due to the sell, then as PI's try to catch the dip, they find out they are only halfway down the hill and the what appeared to be a gentle wave turns into a runaway train that just picks up speed as investors jump off in fear of hitting buffers at the bottom.

Indeed, the FCA Short disclosure list shows the short still open.
Although it could have been closed today as you don't disclose on the same day

https://www.fca.org.uk/publication/data/short-positions-daily-update.xls&ved=2ahUKEwiwr5P-2aXjAhWZWhUIHQGNAT4QFjABegQIAxAB&usg=AOvVaw22efvXXZ-BbFtoxmoUqEaR

4 million shares bought at 9p says otherwise

Just in case anyone missed it.

On Google Play the mobile App now has

10,000 plus installs

Don't know the iphone installs as they don't publish figures as far as I am aware.

A good day to close a short.

Just my opinion

Indians will not pay £9.99 for a download, to them £9.99 is a good meal out for one with a non alcoholic drink.
On the other hand there is a billion of them, so get the price level right for the territory and huge amounts of money will flow