Vinyl Group’s flywheel falls off
Dr Mumbo was sad to see September come and go without his favourite unconventional media company keeping its promise to reveal its big new vision for “what an AI-powered media business could look like”.
Regular readers will recall that three months ago, Vinyl Group put out what it labeled as a price sensitive announcement on the ASX. This “FY26 vision” summed up in one slide the plan for this financial year:
“To accelerate the flywheel, our tech team went back to the drawing board, reimagining what an AI-powered media business could look like.” Then in the bottom corner: “ETA September 2025”.
This is gold
As someone who bought Vynl shares and then sold them for roughly what I bought them for…. I feel very lucky.