VNL 11.5% 14.5¢ vinyl group ltd

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  1. 4,233 Posts.
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    Bit emotional there Mike, maybe relax a little with the personal attacks and try to be a bit more coherent!
    I am not a shareholder in JXT and never have been, so nothing to be disgruntled about.
    I have followed it since listing and posted here before, but I realise HC is full of cheering squads.
    Two sides to a coin though and I don't have to cheer on a strategy that hasn't and still isn't a viable business in isolation.
    The low for Jaxsta appears to be in, but let's be realistic, this doesn't look like it's going to be the LinkedIn of music does it?
    They are pivoting pretty hard to be an online retailer of vinyl and the web address is great, but still need to execute.
    Could be a great success if they get it right and might allow time for the Jaxsta data platform to break even.
    But online retail is tough as well, some success stories on ASX, other failures, so jury is out.
    Long term chart looks reasonable, but maybe one final pull back this year as business develops?
    Last edited by jaluma: 10/03/23
 
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