Trakm819 Sep 2024 08:34
I'm curious as to what holders here think about the considerable involvement / investment Microlise has in Trakm8?
Micro has sunk £3.3 million into Trakm8 over the last few years. This has come in the forms of direct investment (£2.3m), and CLN (£1m). There have also been some personal investments made by Raza, in the hundreds of thousands.
The company currently *seems* (DYOR) to be on the verge of insolvency, with a mcap of £3m.
For my own sins (as a result of ridiculously poor judgement, on my part), I too have a position in Trakm8.
The whole thing seems to be so at odds with Micro - a well run, growing profitable company that I find its continued involvement baffling. Surely this needs explaining by Raza, who also is a Trakm8 NED, by the way.
I would be interested to know if anyone has an opinion here.
https://www.lse.co.uk/ShareChat.html?ShareTicker=TRAK&share=Trakm8-Hldgs