Molten Ventures Share Price (GROW)

The practice of selling short has never appealed to me since, by its underlying limited return it cannot be considered anything other than speculation. GROW has produced new information this week which will allow investors to compare the formal numbers more accurately.

I remain bullish on GROW and although my holding(s) are underwater finacially, I am more persuaded to buy rather than sell shares in GROW at the moment.

The preliminay unaudited results state no downgrade of NAV/share for portfolio. That will be in the audited finals.

Some retrace of NAV/share due to dilution in raising the 55m below NAV/share and 19m unfavorable currency movement (random). Those wil be considered one offs.

You are braver than I to try to judge short term movements. In any case you should now short them according to your analysis. Good luck. I’m long for sure and optimistic of SP increases on final results.

According to the analysts the final year results in June will show a massive loss, so downside is more likely in the short term.

Bought loads at 218, started selling yesterday and just sold my last lot. I believe we will see 200p again in the coming weeks.

If it had not been for the dilution and the 19m currency movement in the wrong direction we would have had a small increase in NAV/share from September. I’m calling bottom on NAV/share downgrades. Now organic growth of portfolio booming along at 63% revenue growth will start to kick in going forward.

Step aboard before train leaves the station.