RE: Gore bought 4,997,041 at 15.3p in Jan 202011 Jun 2020 11:59
In my view, we have to look at facts, John Gore produces premier theatre experiences, has years of experience and accumulated extreme wealth, the expansion of theatre business is either to expand into physical buildings or virtually.
Whichever way, it would take time, to select the right content, to select the right actors without disrupting his current shows, this wouldn’t happen overnight and would require MelodyVR proving the technology and production skills. COVID has obviously disrupted his business and mindset, however he was prepared to invest in the concept of Virtual shows and that I imagine has proved a sound investment of which he is progressing with MelodyVR.
He must also be looking at failing companies in the industry and looking at acquisitions, this could involve London, worldwide expansion, in my view there is no downside for MelodyVR, just be patient!! IMO