VNL 0.00% 11.0¢ vinyl group ltd

Ann: March Quarterly Investor Webinar, page-17

  1. 1,633 Posts.
    lightbulb Created with Sketch. 783
    Nah, not an illusion. I'd call it a win-win.
    If these industry players don't need the data, why would they negotiate? This would be a loss to Jaxtsa if fees > (is greater than) revenue earned from these players (if they were to subscribe like everyone else). I believe there's a variable fees component so that the fees go up as Jaxsta earns more. We don't have the full picture but what has that got to do with demand from other businesses or consumers???
    Demand isn't exceptionally strong I agree, but it's there.
    The "LinkedIn" of music was the previous CEO/Co-founder's vision, but that failed. Since Jaxsta's the only trusted DB out there and B2B demand was much stronger, it made sense to paywall it. That's what's happened under the new CEO and we are starting to see revenue growth.

    E-commerce was always strategic; vinyl.com isn't exactly a 'pivot'


    Last edited by aes411: 10/03/23
 
watchlist Created with Sketch. Add VNL (ASX) to my watchlist
(20min delay)
Last
11.0¢
Change
0.000(0.00%)
Mkt cap ! $102.4M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 7692 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.0¢ 7317 1
View Market Depth
Last trade - 16.12pm 14/06/2024 (20 minute delay) ?
VNL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.