RE: Napster to join AIM9 Feb 2021 15:44
There is a large interest in MelodyVR, more than before, we are in the news the PR machine is now working, yesterday we all had the opportunity to buy at a discount, we all knew investment was required. Now we have sufficient funding alongside income being generated from Napster, there are no announcements regarding ‘streaming concerts’ although I wouldn’t be surprised to hear of some ‘soon’ as we have the facilities (subject to COVID restrictions), the Grant Dollens permission is a given, look at the synergy between WanDisco and Napster, Nice & Green are fully immersed already in AR & VR, the thing the sticks out to me is the fact ‘MelodyVR’ are independent with the Music/Entertainment industry fully behind the company! Being independent adds an element of risk, however being agile makes the company able to adapt, not everything is in the Admission Document, but the main strategy is in plain view!! An ‘Independent Entertainment Platform’ !! IMO
Vol. Sold 7,221,326
Sold Value £224.58k
Vol. Bought 11,279,886
Bought Value £350.80k
PE Ratio -2.827
Earnings -1.10
Dividend 0.00
Yield 0.00%