RE: Gore27 Dec 2019 14:52
Badbat,
It is frustrating, they obviously have a strategy and sticking to it, the VR industry is obviously stronger than anytime previous, and lots of movement in the right direction, John Gore’s history demonstrates clear steps, investing in MelodyVR wasn’t a casual investment, further investment is extremely likely otherwise there would probably have been an announcement. It’s all about figures, another Xmas of Oculus sales will definitely assist with strategy regarding the release of the MelodyVR Device for mobiles, the O2 announcement may have been for post Xmas sales in time for the roll out of concerts.
Definitely there is a lot more VR device releases being discussed in the industry, Oculus Quest has definitely got good reviews and it’s been sold out in several places.
Your estimate of 38p doesn’t reflect the financials discussed before, AM has quoted a $1 Billion business if it was in the US, this business is still taking the Spotify approach therefore I believe we will be talking over a Billion when it sells.
I would love a £1 per share, but 38p would still be a fantastic return as I have a reasonable share