Cheap but.....13 Jan 2025 15:00
I reckon the NAV is now over 3.4p. Yet here we sit at 0.9 and on a day when the PM is banging on about Britain becoming an AI superpower. No chance.
There is a large overhang here. More importantly, no-one wants to invest in the uK at this time. I have lost count of the number of punters saying they are selling up UK stocks to buy stocks in the USA. That is the reality,,,, so cheap it is and we are just going to have to wait. Maybe Mindflair will sell some of their holdings and return cash.