Still not bought any...28 May 2021 16:28
...but genuinely worries me that I don't have a position. Even assuming this ends up with 2.5 billion shares in issue after subsequent raises, I see it being worth £5 a share within 7 or so years. Would be quite an ROI. My only worries - as always with such funds - is that it gets taken private, and/or is mismanaged, i.e. investee holdings sold at the wrong time. The annual 15% 'performance fee' for Mellon is also vexing, as it could lead to a lot of dilution just to pay wages? Either way, I would expect an SP of £5 by 2028 or so. Feels like a no-brainer. Not sure why I haven't pushed the buy button yet, even on a punt! Just wish I had a spare £20K....as that level of investment could be life changing here.