Member Info for Mozax

Very strong day here methinks.

Like a strong open.

Here.

There are plenty of other Investments, read this mornings Trading Update for PRSM for example.

£74 Million in Cash, at least £98M revenue & significant growth.

SP of £8.80 looks mighty cheap.

John Henry, good morning.

As you know, I had a big holding here but reduced by 90% when I became aware VR Education had launched a similar product with the same Name ‘Educate’ - and Facebook partnered with them via the Oculus hardware.

I am concerned that at some point there may be a legal disagreement between VR Education & DEV Clever over this, but in any case, it’s confusing to the consumer.

The following week DEV announced their update and the SP dropped from 3p ish to around 2p, the market didn’t like the ‘10% of the £100M market by 2023’, the time frame suggested revenue ‘drag’.

Lastly their are 2 remaining issues, illiquidity & 1p IPO sellers.

However, the IPO sellers by now must be getting pretty low although we need a Holdings update.
The illiquidity causes rapid shifts in the SP which makes it volatile, so big red days are in turn followed by big blue ones, but it’s not a comfortable investment right now.

I do remain interested in DEV & maintain a small holding, would I increase it again? perhaps further down the line when we see some revenue figures & an update on the gamification business, we’re certainly partnering with some global majors.

‘No doubt’

Still lashing it down here in the West Country, but no down sunny & warm in Ghana, or KSA!!

I would particularly like news from Saudi first, or another MOU, for the purposes of ‘Global Momentum’ - & a bit more info on The Formation of ‘GLIS’ - that’s got me slightly intrigued.

Eskers- morning, any further sleuthing?

Don’t look a gift horse in the mouth.

Going.

Boom.

Dibs.

We’re already at 15p.

This is a bit more like it.

Whoop Whoop.

Sorry, I’ll get my coat.

Delayed but just popped up.

Someone’s hoovering.

Gone.

Available at 14p now.

To Pop.

Whooshy.

Well done ‘Minsters.

Oh look, 13p to buy now.

2 Top ups for me this morning, the wife’s holding still underwater from 2018, but not for long.

Looking strong now, peeps don’t want to be out when Big Tema Lands, or something else!!

Of Chunky Buys.

NFX on the rebound today methinks!!