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Whats going on at Virtue Broadcasting? (VTB)     

skids - 24 Sep 2003 11:03

I bought into these some time ago, and they haven't really moved much for a while after initial links with Music co, etc. However, this week has showed some interest, anyone know whats going on?

AdieH - 12 Nov 2003 13:12 - 51 of 97

large buy volumes going through, why is the bid price not moving.... Dont quite understand why the bid price aint moving? Can anyone help?

in_2_art - 12 Nov 2003 13:22 - 52 of 97

AdieH
you may find that large volumes are offen delayed up to a few hours before showing. so dont panic...
the future is about to get better 's

AdieH - 12 Nov 2003 13:27 - 53 of 97

I have a small holding and up around 80% just thought I would get out..... Like
all things being abit greedy, should I get out and get back in if price drops?

in_2_art - 12 Nov 2003 13:41 - 54 of 97

Thats the $69,000,000 question, if we all knew that answer
honestly thou, its not really for me or anyone else to tell you what to do, but if it was my chose, i'd stay in, from now to january anything could happen...
hopefully the red days are behind us now, and blue days a head x'fingers.
good luck what ever you decide and that goes for every one :o)

ajren - 12 Nov 2003 13:44 - 55 of 97

The graph appears - to me - to be showing almost constant upside since the
August low which I THINK ended on 13 th August.At that point was announced
the acquistion of Viewpoint media of Australia.However,I only know that
about the company and that might be only a coincidence.
Best of luck with it.

Off for a sandwich and jog now to relax a bit.

AdieH - 12 Nov 2003 13:45 - 56 of 97

Thanx for that, only looking for input i know the decision is mine but a nice
decision to make me thinks : - )

AdieH - 12 Nov 2003 15:18 - 57 of 97

All these buys and yet the bid price still remaining at 6p, whats going on...

ajren - 12 Nov 2003 18:54 - 58 of 97

I suggest you follow every stage from Australian deal on 13 th August

ckmtang - 14 Nov 2003 12:27 - 59 of 97

seemed quiet for a while any news?

ajren - 14 Nov 2003 18:43 - 60 of 97

Unable to find any.However,I often find no news is good news

ricardopage - 19 Nov 2003 09:48 - 61 of 97

Things are definately afoot at VTB this is from the RNS for the new placing at 4p

"We have decided to take advantage of the recent improvements in the share
price to strengthen the Company's balance sheet. The fact that the business can
attract this additional investment is a testament to our improving situation',
commented Mike Neville, Chairman. 'Additionally, we are now seeing increasing
opportunities for vertical integration which will improve shareholder value."

it's the last sentence that caught my eye and follows on from previous comments by the chairman about consolidation.


dyor

ajren - 19 Nov 2003 10:25 - 62 of 97

It seems good but they only raised 1,000,000 approx Before expenses -- lawyers
fees 999,999

skyhigh - 19 Nov 2003 11:12 - 63 of 97

Oh well, that's it then ? for a while !?
Once again, another issue of equity, share price heading south !
Lots of promising noises but nothing really happening.

Any one got any good news to cheer me up ?

Or must I wait 'till Sat. morning when England win the Rugby World Cup ?

ricardopage - 20 Nov 2003 15:30 - 64 of 97

this is number two in todays percentage gainers list so far and vertical integration could be on the cards according to chairmans statements regarding placement.
cheered me up.

skyhigh - 20 Nov 2003 16:34 - 65 of 97

Thanks, cheered me up a little !
What is meant by V. Int. & when do you think it's likely to happen ?
Price has gone up today... down tomorrow ?

ricardopage - 20 Nov 2003 16:47 - 66 of 97

didn't you do economics at school?

This is where a company merges or takes over other companies in the same supply chain. So if a manufacturer takes over his supplier or the retailer of his goods/services, that's vertical integration.

so with VTB it wouldn't be with another streaming co but with either a supplier of content or a provider of web related services I guess.

I have a feeling if anything it will be a merger rather than an aquisition, you can't buy much with a million quid these days.

I have no idea who it could be though or what the price will do tomorrow.

ajren - 20 Nov 2003 19:11 - 67 of 97

Their Nov 19 statement is - in my opinion - Very Positive

power50 - 22 Nov 2003 01:09 - 68 of 97

hi ajren,
what's your on comments for next week???(vtb)
s.h

arc2002 - 24 Nov 2003 08:22 - 69 of 97

News:
http://www.virtuecorporate.com/pdfs/BarcelonaGov_241103_PR.pdf

rgds
ARC

skyhigh - 24 Nov 2003 13:49 - 70 of 97

Lots of buying going on today. 1.8m so far. Does this mean it won't fall back that much today ? and go up tomorrow ? perhaps it's winding up for a large upward move in the share price ?
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