XRG 9.09% 3.0¢ xreality group ltd

Ann: Debt Restructure and Half Year Presentation, page-31

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  1. 997 Posts.
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    @Alf TupperGreat review, thanks for taking the time to write that. Good to hear that a good time was had by all. The Freak VR offering really does seem like an impressive, novel entertainment product from reviews in general.

    I'm keen to see how Freak is received by the general public, as it rolls out across more Westfields around the country. If your experience is any indication, the interest in Freak must surely grow - and with that, interest in the shares as well. In that case, it's difficult to see how the market cap stays where it is now, especially considering the company insiders (Wayne Jones, Steve Baxter and Kim Hopgood) own a good chunk of the shares already.

    Might see more weakness in the share price in the near term though, as it's still relatively unknown in the country. Plus, I'm hearing of serious flooding in the Penrith area, and possible evacuations - could be disruptive to their Sydney operations in the short term.
    Last edited by vagabond84: 22/03/21
 
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