Previously writing on ‘immersive entertainment’ group Immotion (IMMO), with the shares rising above 6p in August last year I concluded that financial factors had seen me remain cautious and that with the market cap above £25 million I continued to avoid. So what of today a “pleased to provide” AGM trading update... and the shares at 3.7p?...
Self-styled “immersive entertainment company” Immotion Group (IMMO) has made a trading update including “July being yet another record month. Unaudited group revenue was £1m, with unaudited EBITDA at circa £200k” – and the shares have currently responded higher to above 6p. Are they of growth interest?...
Immotion Group (IMMO) “is pleased to announce” a subscription agreement at a price which “represents a premium of 15 per cent to the closing mid-market price on 25 March 2021”. Sounds encouraging...
Immotion Group (IMMO) “is pleased to announce it has signed a contract to provide a new Undersea Explorer VR Theatre”. The shares have currently responded to 4.85p... more than 9% lower! So what’s the story?...
A trading update from Immotion (IMMO) commencing that this “immersive entertainment group, is pleased to update the market on current trading” sees the shares 20% higher, above 4p. So what’s the detail?
Previously writing on “immersive entertainment group” Immotion (IMMO), at the start of September with the shares at 4.65p I concluded with still a winning formula very much to be proven, I currently continue to avoid. Today “Trading Update, Proposed Placing & Subscription”...
Virtual reality experiences group Immotion (IMMO) is “pleased to report that since our last update on July 29th 2020, trading has continued to be encouraging across the sites that have operated during the summer period”. The shares are though a bit lower, to 4.65p...
