RE: Skinbiotherapeutics vs Opti17 Mar 2021 08:58
Indeed there is a difference, you just have to look at for example FFWD who specialise in unlisted investments and publish a NAV every few months, look at the permanent state of apathy they have with investors. Then look at (eg) GCL who invest in listed assets and publish a NAV daily. GCL tends to trade above NAV by anything up to 10%.
There's no one size fits all but the market ultimately decides how much these things are worth on the balance sheet