I fully understand VR1 is an absolute GALAXY away from Amazon, but my view and its principals remain the same.... its all about capturing market share and the subsequent ability to then scale and turn it into a cash cow over the longer term, which is exactly what Amazon has done.
More contracts, more engagements and an increase in revenue are all positives IMO, given that VR1's offering is in the commercial and industrial space where Extended/Virtual Reality is far more heavily weighted and in demand within the gaming and entertainment sector.
This space definitely needs more time for its large scale adoption from the commercial and industrial sector, but the moment this thing does and gets to breakeven point, we would have reached the top of the proverbial mountain and it will all be a long downhill slide from there!
"Investing is easy with the benefit of hindsight"
I fully understand VR1 is an absolute GALAXY away from Amazon,...
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3.0¢ |
Change
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Mkt cap ! $39.79M | |||
| Open | High | Low | Value | Volume |
| 3.0¢ | 3.0¢ | 2.8¢ | $170.4K | 5.782M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3366273 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 199698 | 1 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| VR1 (ASX) Chart |