What’s the news?
Anyone still buying in on this stock?
I will sub 1.2p, expecting good news soon.
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Expecting for any reason other than we are bag holding?
News on app rollout, first consolidated financials with Napster part of the group (B2B revenue will surprise nicely I believe). Whole ABBA thing which has clearly benefited the share price while being in the news. The market cap is so low and potential dilution low enough that it really doesn’t make sense not to add
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What are the links with the ABBA news Napster/Melody? Are they going to be involved ?
Its a big publicity virtual/mocap gig, that’s all.
It will have no effect on Napster then
Anyone know whats happening with the share price last few days seems to have started to take off a little, up 34.7% so far
You’ve not been around these markets long have you? 34% used to be good over a few YEARS. Ah the good old days of 2018 …
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Not really, I’ve been investing and trading for a good few years.
New to freetrade, the stock and the AIM yes. I usually stick to the FTSE 350 for investing but feeling adventurous these past few months and decided to look elsewhere 
I was more specifically asking about the short term rise given its been trailing around 0.11 and 0.13 for a while. I wasn’t expecting much activity on the stock until the new app was released in Q4 (maybe next year if they are behind).
Hello again friends, I’m the person that argued ages ago that Napster has a golden opportunity but terrible management with a consistent history of poor performance
Looks like nothing has changed about that, I’m pulling my hair out at how little this company is doing and how small their ambition seems to be
If only there was a golden opportunity for virtual concerts, like a global pandemic that prevented venue performances or something
Shouldn’t you wait until the new app is released before saying that?
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To be fair they were bought out last August so it really is far too early to see what comes out of it and the pandemic was already half way through by then so not a good call. The next year will be a much better indication and I will probably top up as see it has potential to at least improve in the medium term.
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They’re literally aiming for £400m in revenue within a couple years?
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This. And the amount of annual revenue and subscribers they are aiming for in 2023, it was around 1/25th of the annual revenue and subscriber base of Spotify in 2020.
And I worked out that given the market cap and SP of Spotify, 1/25th of that market cap, with the larger amount of outstanding shares that Napster had compared to Spotify, I worked out a share price of around 40-50p a share for Napster if they hit those numbers and the market cap correlated by proportion. Which I would be very happy with.
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I’ve done the maths repeatedly and even with Napster’s falling subscribers now it is worth at least 5p. The main discussion seems to be on the LSE forums which seems to harbour a fair few old schoolers by the looks of it. Good news is even though UK investors don’t get it US investors will and a US listing is a huge catalyst (the stock OTC had huge volume at was +200% after announcement).
It looks like theyve acquired a sinking ship, it going down fast than the Titanic.
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Its because there’s nothing happening right now so the share price will obviously suffer. Once they get the new app and service up and running I’m sure it’ll flip fairly favourably.
For me this is just more buying opportunity at a cheaper price and then I’m just sitting on it for a few years. I’m backing it to do well once they get it going.
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Hello all, does anyone know what would happen to our shares if Napster Group transfers to a US market? Will shares be paid off or will shareholders receive an equal amount of new shares?