Vr Education Share Discussion Threads

[rocksteady01] 04/6/2019 10:02

That is a good article, thanks Hazl.

I only asked because I am seeing (if I am correct) keeping the lights costing £350k per month and revenues £100k. They have £3.5m in the bank. Cashflow is needed regardless of valuation and so I wondered if the revenues would catch up in time for them not to have to raise funds. I guess it is a difficult one to judge.

[hazl] 02/6/2019 14:25

The link for you rocksteady is above. I know that it doesn't exactly answer your question but is a good article I believe.

[hazl] 31/5/2019 17:46

....interesting looking trades shown at close.

[hazl] 29/5/2019 12:07

Rocksteady it's a good question and I have not kept up with that,just have a small holding myself, but looking at the cash situation they are not too badly off.
They have 3.5m cash at present.
Will have a look though.

[rocksteady01] 29/5/2019 10:34

I like the company and looking to possibly invest but they are losing money as far as I can see. How likely is a need for raising more funds before VR takes off and revenue starts to come in?

[lukejfmccann] 27/5/2019 12:25

Wouldn't worry too much about that. Things will move up from here, it's a good time to get back involved. It's as much about predicting the VR market speculation as it is the underlying fundamentals (whether or not that SHOULD be how it works).

[cyberbub] 27/5/2019 11:38

Just looking for opportunities and looked back in here.Market cap £20M, losing money, and trumpeting entry to the South Korean market that will bring in the princely sum of E 70k p.a.?!

[hazl] 24/5/2019 13:41

just the beginning.........

[hazl] 23/5/2019 09:08

the key word is 'commercial'.....

[hazl] 23/5/2019 08:30

'VR Education (AIM: VRE; Euronext Growth: 6VR), a leading virtual reality ('VR') technology company focused on the education space, is pleased to announce that on 22 May 2019 the Group signed a commercial agreement ('Agreement') with the U.S. Space and Rocket Center in Huntsville, Alabama, one of the top aviation and aerospace museums in the USA and Alabama's top paid tourist attraction, for use of the Group's Apollo 11 VR experience in a major new attraction to celebrate the 50th anniversary of the moon landing. The U.S. Space and Rocket Center is a Nasa Visitor Centre and also a Smithsonian Affiliate.'


Excellent!

[hazl] 21/5/2019 15:04

We are mentioned on Mashable!
Excellent!

[hazl] 21/5/2019 10:27

This market is still regarded as fairly new but it's use,cited in virtually (pun intended)every industry, emphasises for me that this is not a one-off wonder.

Sure,it has taken a while longer than they initially expected but behind the scenes,the medical industry,the educational element in many industries and of course the entertainment industry have already embraced the concept.

It is the headsets area that I believe needs tweaking and will be I feel sure; just as mobile phones were wieldy and cumbersome at first,within my memory,to the streamlined versions,we have today.
Many teachers are excited by this technology though, and are using it with their classes,sharing things with their colleagues.
Easily viewed on Twitter.

[hazl] 21/5/2019 09:20

Blue Sky

“Estimates are saying that the market we are going into will be worth £1.7bn by 2021.”

PRO ACTIVE

[guyswonga74] 21/5/2019 08:31

Last chance sub 11p