Molten Ventures Share Price (GROW)

Have read both articles...

Having read that article, I bought some more MV shares.

Thanks, good links

A couple of interesting articles that are worth a read...

https://theoakbloke.substack.com/p/grow-ing-opportunity

https://theoakbloke.substack.com/p/grow-green-shoots

Many counties do not have ISA equivalant. Always make use of it to the full if you can. Lot’s of flexibility on how you invest inside the ISA wrapper.

Spread betting in UK also an international outlyer in terms of the tax free benefits to UK residents (tax free gains) but interest wil be charged on the whole position even if you have cash on deposit to fully cover. When interest rates were low this was not a big deal but right now makes all but the most rapidly growing position uneconomic to hold medium to long term. Better to buy in a regular way and pay the taxes (or write off the losses).

As I am working abroad I did dapple with an offshore shares account. Fees are charged on the postion you transferred (not current value) which if your postion grows is not big deal but if you have losses becomes burdensome and you can't use a tax deduction either. PLus time cnsuming to move money in and out.

Beyond ISA makes sense to put in a regualr share account and pay taxes if you have the good forsight to get stong gains. UK captial gains taxes are not exorbitant.

OUr modest gains in the last few days are hopefully part of a recovery to 2/3rds of NAV which is where I think we should be in these choppy market conditions. REsults this year (half yearly and full year) should show a NAV/share growing again and with that the discount should tighten to near NAV/share. Then all depends on perfomrance which in turn depends on market conditons for IPO and late rounds, which seems to depend on interest rate expectations.

After a few halfs with solid NAV/share increases (circa 20% per annum) we should start trading at a premium to NAV/share again but given this dip will never be a large premium for many years.