RE: IR value is up 3-4x over 2024. So 2024 NAV = 2.05p, 2025 around 4-6p?16 Jul 2025 21:07
Mindflair has a significant interest in both Sure Valley and SVV1.
Just focusing on SVV1 and Sure Valley at the moment and not SVV2 or SVV3.
SVV1 is in realisation phase and holds positions in an array of exciting companies.
Nova Leah (Nova Leah Limited)
Getvisibility (Visibility Blockchain Limited) - Generated GBP£2.6M for Mindflair and more may come in through its holding in Sure Valley.
PreCog (Polience Limited)
Smarttech247 (Smarttech247 Group plc)
Engage XR (Engage XR Holdings plc)
Infinite Reality,Inc (formerly Landvault) - Valued at $15.5b+ and rising with the Mindflair holding worth up to GBP£10M at the present value
VividQ (VividQ. Limited)
Volograms (Volograms Limited)
Zenos (Zenos Technology Limited) (formerly Virtex Limited)
CameraMatics (MySafe Drive Limited)
Wia (Wia Technologies Limited)
Everyangle (Everyangle Limited)
SVV1 has completed its investing in new companies and is now in its realisation phase which should lead to further returns to the Company and its shareholders.
Sure Ventures plc ("SV plc")
SV plc (LSE: SURE) is a London‐listed venture capital fund which invests in early‐stage software companies in the rapidly growing technology areas of Augmented Reality, Virtual Reality, Internet of Things and Artificial Intelligence. Mindflair has a 23% shareholding in SV plc whose principal investments are a 25.9% interest in SVV1, and a 5.9% commitment to SVV2. Consequently, as a result of its shareholding in SV plc, Mindflair has an aggregate (direct and indirect) interest in SVV1 of around 19.2%, which comprises its original direct 13% interest in SVV1 and an indirect interest of 6.2%. It also has an aggregate interest of 7.3% in SVV2. This investment is carried at its market value. As at 31 December 2024, the share price was £0.82, compared to SV plc's NAV per share of £1.81 at that date. In August 2024, Mindflair subscribed £300,000 for 315,790 new shares in SV plc at a price of £0.95 per share in order to increase the Company's exposure to its underlying investment in SVV1.
All this (my list doesn't even include SVV2 and SVV3) for a £5mcap and the company has no debt and about £1.6-£2.0M in the coffers.