The future26 Jun 2019 11:10
I know they are just day traders, but it is truly laughable that people are still selling at this price.
So far there are two investments which are lagging behind - interbit and blockchainK2. However, with the recent rise in crypto and general positivity towards a blockchain based future, this is a no brainer.
We don't even need to consider those two investments as airportr and weshop are substantial enough to cover our mcap but we haven't even seen the full potential of argo blockchain which could hit 20p in a few months or maybe even more depending on crypto. Rosslyn Data is another great investment which is in it's recovery phase, current price is 7p and our investment price was around 5.5p. The potential on these two investments alone is massive.
There are other investments as well such as Vibe and Stream TV which not only have potential, but there is proof of their potential though continued investments and development of new products.
The only thing that is stopping this share from reaching new heights, is the lack of realisation of these investments. AIM companies need solid news to gain any momentum and even then you have these day traders affecting the price and most of them lose out due to a lack of research and long term approach to investing. Once any news comes out, which it will, we won't see these prices again.
With the recent rise in crypto, increasing momentum in the blockchain sector and a society where creative solutions are needed to solve existing problems, it is only a matter of time before people will truly catch on to the potential of this company.
Smart investments - Argo, Airportr, WeShop, Interbit
Smart directors - sold some interbit shares at a high price, bought more argo shares at a low price, tight guidelines to choosing investments - not just any company that is hyped up for no reason.
Remember that this is a high risk business with early stage companies, so all in all, I think Vela has done extremely well for choosing the right investments and sticking by them. All we need to do now is wait for the market to wake up. It's only a matter of time so enjoy the ride. Good luck to all long term holders!
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