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CategoryEVRH

EVR Holdings aka Melody VR. Time to get exposure to VR?

EVR Holdings recently completed its reverse takeover of melody VR, a music virtual reality content provider. The IPO valued Melody VR at £5.12m. The Melody VR 2015 Accounts showed that shareholders invested just £158,000 to the year ended 31st December 2015, so the RTO gave shareholders of Melody upto a 35x return on their intial capital. The share price has since raced ahead to 3p which capitalises the company at around £34 million…

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