Member Info for MillennialFalcon

No reason at all to try and time this out, if there’s a market downturn due to tariffs then it’s market wide and no bad reflection on any single stock or ETF, as long as you’re not all in on something to make a quick short term bet that is. Whatever % of your portfolio you have allocated to this, leave it in, top up as it recedes to maintain your %. In 10 years this will be sky high.

So when are we expecting this RNS then? 😂

Totally agree re the companies you get exposed to in this, it's a great little split. 40% up in 6 months and it will only go up as people start to notice it as it's one of the more exciting new ETFs for sure.

There are several factors right now that we can attribute to the 'suppressed' SP.

Firstly we have the final item of procurement - namely the MTS fit-out, this has not yet been contracted out but is supposedly (last we heard) all but complete as they look to expand the commitments of STRABAG. We are expecting news in Q4 of this, and that - after the port facility announcement this week - will see the completion of procurement and therefore an allaying of the associated risk. This is the most imminent news that I can see having any notable impact on our beloved SP.

Second, and i think most pertinent is the looming possibility of dilution.
We have the possibility that CF and the BoD are managing expectations, and perhaps the dilution may not happen (under promise, over deliver and all that).
If it does happen though, then it all comes down to the level of dilution and also the offer. 25p? 22p? higher even if we see the SP rise from the news of my first point? Nobody really knows, otherwise this would be easy, but I would say that talking about a SP of 40p etc may be a little pointless, as the level of dilution will by definition alter the value of a share, and so the 39.8p SP that we saw a couple of months back will not be the same as a 39.8p SP after dilution as there will be more shares and therefore the MCAP of SXX would have changed, so speculation isn't the best thing to get involved in as there are too many variables to consider here. Hence the low share price (uncertainty.)

And then we have the current risk averse market conditions, this doesn't help us out either.

It is up to each of us individually to weigh up and assess all that we can and form our own decisions on this. I personally am of the view that all of this agonizing will seem fatuous in a few years time. If you have a decade or so in front of you, then I can only imagine (saving for some sort of catastrophe) that 23-24pps will seem like an unbelievable deal as we grow closer to first production.

poolielad - The SP hasn't been down to 23.3p since last Thursday, at the time you mention it was infact banding around 24.3p so your platform is indeed correct.

JS - I'm sure Sony and others would certainly disagree but they are hardly in any position of objectivity. I do think Sony have a unique opportunity as they already have a well-established base in gaming that may easily translate to the VR environment, though being reliant on additional hardware may become an issue with the wider market - I'm sure they will carve out their slice and be happy to hold their position as they have done many times in the past.

I see the discussion of hardware as rather fatuous to the presence of melodyVR though, as it is not this on which they are competing. My point simply is that holding their presence on Oculus Go in such high regard could prove a poor decision as the owner of that platform means to pursue the sector themselves. If Facebook ever sees their software as a threat to their own then there is only one of them in a position of power in that situation.

The thing about the stock market is that there are always surprises and other avenues to take and it is always possible to achieve given the right BoD. I just think that the current course can not really end in great success, and on here I see many times people complaining that there is no good reason for this downturn in EVRH SP, I thought I should point out, that in my opinion, there is good reason for it.