George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Unbelievable. It can barely hold 2p. I think it’s all those from a few months back who couldn’t believe the huge discount to NAV and bought in telling everyone this was about to re-rate. The long term holders now saying to them
“I told you so. “. Liquidate. It’s the only fair way. A real fund would do that. This POS won’t.
Pretty much. Probably best to just write this off and take what you can. Fools and their money and all that.
They will wait until it goes blue or end of day before they reply. X
Those were the days when there was still hope in the portfolio. It’s traded below NAV since it was realised that those unlisted holdings that could give a huge increase to NAV have failed, the last one being Leap that people were banking on. Added to the fact Ed was ramping this crazy idea of a £50m mcap shortly before being proven to be a liar. It is all sentiment. That’s the reason you can buy 8p worth of investments for 2p. Doesn’t matter if Ed says it’s going to have a £100m mcap. He’s lost all credibility. That’s the simple fact. Ed has driven this share down to this level.
I remember you posting similar years back.
Factom worth billions, what is that worth to FFWD
Vemo the biggest and best of the portfolio, a veritable Unicorn
Yooya. The Chinese Facebook, worth at least 100million to the portfolio.
Leap worth £200m.
It all sounds very familiar.
I think it will struggle around. 4p if it ever gets that high again. Most investors are in around 2p or lower now. Would you pay more than 4p ? Unless Ed pulls something amazing out of the hat I think this will be at a huge discount for the foreseeable.
It’s amusing we have quite similar user names. That’s where the similarities end. Doggo has spent years trying to find the most irrelevant useless facts about Seed and hasn’t a clue about shares in general as he’s proven many many times.