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£9k buy just gone through at36p.mistake?

just as a small diversion from napster, tori kelly now has 65,000 you tube views.just saying.

interesting article rumfuddle. yes there are almost always two sides to everything. i do note that although there was a bit of a spike for RN's s/p on the announcement, it did not hold and currently only a few percent up on pre announcement price.no doubt there are various possible interpretations for this.one is that the terms are not seen as particularly favourable to RN.another is that the relief from debt burden is not as significant as it might otherwise seem.no doubt there are other interpretations as well.

embers their RNS of 16th july was interesting.talks of adding customers to their azure cloud base at rate of about 10 a week.no idea if that's a good figure or not but i imagine some f them at least are substantial outfits.not directly relevant in itself to MVR but adds substance to their link via dollens.

it will be albert.it's the new investors I'm interested in,assuming of course that some are qualifying(which you would expect given the size of the issue).

morning mel and petebo.thanks for your comments.yes i have vague notion of what wandisco do but it will probably remain vague I'm afraid as i really do not understand the technical stuff. that said i did get the feeling that their expertise is of potential value to mvr particularly in view of the enhanced sphere of operation which will come with napster.as to AH andSH's position, just speculation on my part but i can only see 3 reasons for them not taking part in the latest fundraise.first they do not have the money to make it worthwhile.second they didn't wish to participate as not confident in company.not likely imo. third their non participation was a condition of the funding and the participation of other investors and the continuing support of the current investors (and perhaps the industry generally bearing in mind the liability being taken on).in other words part of a process of moving them to a less prominent position.just speculation and there could be other explanations i suppose.if it is part of a process i would not regard it as a bad thing personally.

can't quite see how this one fits in mel,but thats probably just me.i can just about see some possible synergy with wandisco but tbh the technical stuff is way beyond me. i do agree that things seem to be moving away from matchett and han****. coud be wrong of course but next few months are going to be very interesting i expect

evening albert.yes quite probably.it will be interesting to see what TR1s we get in due course,as there are a lot more shares being issued than are accounted for by dollens and davis capital the rns also refers specifically to new investors as well as existing in relation to both the placing and subscription element.i think the statement that the placing was "best on account of cost,timing and certainty" gives a clear indication of the need they felt to move quickly and to ensure that the issue was successful. 3/4 months of speculation now. that will be fun!

ok farhantahir thanks.just wondering after looking at the slightly lower prices for the sell trades before the last 50,000 trade.

anything over 32.5p a buy?.feels to me like its moving more and more in direction of hostile by Dday in someway. just speculation course.

well the latest reported trade from tuesday has me foxed.pretty huge trade reported as ordinary and historical.probably better not to try and read anything into it as it will just be speculation.

well the cancellation of the first trade yesterday answers the one question that was puzzling me.it was marked as ordinary and i couldn't understand how it took place.its now been cancelled so suspect one sort of mistake.the other two yesterday (the much larger ones) were cross trades at matching prices carried out by single broker between two clients off market. these are apparently permissible in certain circumstances despite suspension.

https://www.rollingstone.com/pro/news/melodyvr-buys-napster-streaming-service-1049716/ don't think this one has been posted before.quite balanced imo. pros and cons.

not sure how significant this is but under the aim rules where the target company is being acquired by a subsidiary of the aim company(which appears to be the case here)and the aim company is funding it by shares in the aim company in part or full, the directors have to ensure that appropriate documentation is in place to record the intra group debt, but also have to be satisfied that the debt can be repaid within a reasonable period,normally 12months. .i take this to mean that melody has to be certain that the subsidiary can repay the debt owed to melody from the subsidiary fairly soon. i may not have understood this properly, so if anyone can clarify or correct, it would be helpful.

not quite sofas the RNS says that a wholly owned subsidiary of melody will be merged into and with napster.following this napster will be a wholly owned subsidiary of melody. so napster will in effect become the wholly owned subsidiary with which it is merged.

"combines immersive visual content and music streaming."..key for me is still immersive visual content.just my opinion.

ok own up. who managed to do a trade while we are suspended?

currently down 3%

thanks RBBe.agree with that.the important point is to be as certain as you can be that there is actually going to be US based interest,otherwise its a pointless and expensive exercise.however given the us institutional interest already and the us focus, it would suggest that such interest is likely. so on balance i think it would be a positive move in due curse.

currently weighted 1/3 on the ask.