Member Info for mbvb2

Massively undervalued! NAV per share 2.13p against current sp of 0.45p. SP would need to rise 400% to get close to NAV. Really interesting to see how the stake in getvisibility is worth £2.43 million which is already much higher than the current market cap of £1.3 million....and is in discussions to sell getvisability at a higher price! Loads of exciting and cutting edge investments here, load up people!!

Seeing a lot more volume recently, looks like there has been a seller but new buyers have been soaking up the shares. It feels like we are ready to fly. Ridiculous market cap considering the NAV so very little downside, huge upside potential....

More positive news today, just need to build a bit of momentum and see some volume and away we go!

Great to see this little gem rising today. Also nice to see a confident buy of 20000 shares for £16k at 81.5p! Shows the faith people have in the future of this fabulous little(for now) company.

Mcap is around £1.4 million, they have £700k from the recent raise, £600k in cash and liquid assests and around £5.4 million in investments. Selling seems to have exhausted itself, price has begun trading sideways .....feels like it is going to go pop. Just need some volume or a little spark to bring in the buyers......

Big volume, low free float, this could make a quick move higher soon.

They had £620k at year end in cash then around £600k left from the fundraise. Would have been some cash burn too so may not have enough for the warrants so hopefully they have cashed in some lucy shares today. If they have then they can exercise the warrants and double their money. Bad news is this could hurt the salt share price in the short term which affects our NAV

You can also buy via ISA or share dealing on IG. You can get a quote for a price with IG as they have direct market access so can beat the spread.

"As noted when I suggested buying the shares, at 65p, in my 2024 Bargain Share Portfolio, the reason for holding them is the potential for a narrowing of the 53 per cent share price discount to book value of £159.7mn (135p) as more investors cotton onto the debt reduction programme and the changing mix in the group’s income stream. A current-year prospective price/earnings (PE) ratio of 4.2 and an enterprise valuation to operating profit multiple of 3.5 times highlight the value on offer, too. Buy."

We will just have to be patient. One of the best investments they could make would be to buy their own shares whilst we wait for small cap investment co's to come back in fashion. To get close to NAV the share price is going to have triple or even quadruple from here. Whatever they do I believe that buying at these levels will generate decent returns over the next 12-24 months.

Nope, still not done anything with it. Market cap is now just over £1.7 million so over £700k is cash, means all Mindflairs investments are currently valued at £1 million. It was over £7million at last reported NAV but emergent was a loss of around £1 million. Still massively undervalued here, hopefully.when they announce what they are investing in sparks the share price into action

Worth looking into a very undervalued crypto stock, Phoenix Digital Assets PLC

Phoenix have a £37.84 million mcap as of 09/03

Phoenix hold the following:

623 BTC = $42.66million

6794 ETH = $26.54million

86396 SOL =$12.61 million

732899 OP =$3.43 million

Others $3 million approx

$4.19 million in cash & other investments

Total = $92.24 million

Total = £71.74 million

Equals approx 7.2p per share

Current price 3.80p per share

There will also be a tender offer after the halving to buy back their own shares at the NAV price.

Massively undervalued and an amazing opportunity. You can trade it on ig.com

Well worth a look.

Worth looking into a very undervalued crypto stock, Phoenix Digital Assets PLC

Phoenix have a £37.84 million mcap as of 09/03

Phoenix hold the following:

623 BTC = $42.66million

6794 ETH = $26.54million

86396 SOL =$12.61 million

732899 OP =$3.43 million

Others $3 million approx

$4.19 million in cash & other investments

Total = $92.24 million

Total = £71.74 million

Equals approx 7.2p per share

Current price 3.80p per share

There will also be a tender offer after the halving to buy back their own shares at the NAV price.

Massively undervalued and an amazing opportunity. You can trade it on ig.com

Well worth a look.

Worth looking into a very undervalued crypto stock, Phoenix Digital Assets PLC

Phoenix have a £37.84 million mcap as of 09/03

Phoenix hold the following:

623 BTC = $42.66million

6794 ETH = $26.54million

86396 SOL =$12.61 million

732899 OP =$3.43 million

Others $3 million approx

$4.19 million in cash & other investments

Total = $92.24 million

Total = £71.74 million

Equals approx 7.2p per share

Current price 3.80p per share

There will also be a tender offer after the halving to buy back their own shares at the NAV price.

Massively undervalued and an amazing opportunity. You can trade it on ig.com

Well worth a look.

You seem quite pessimistic, I only bought in turn of the year, liked the NAV, their cash holding and the chart. With base rate reductions on the horizon the market should continue to pick up and fingers crossed the small cap investment trusts spark into life. Although small caps are genrally higher risk the net assets give this a margin of safety. Good luck us

£34.10 million mcap as of 28/02

Phoenix hold the following:

623 BTC = $39.45million

6794 ETH = $23.64million

86396 SOL =$10.07 million

732899 OP =$2.86 million

Others $3 million approx

$4.19 million in cash & other investments

Total = $83.12 million

Total = £65.64 million

Equals approx 6.50p per share

Current price 3.50p per share

Not bought any today just hoping this share can gather some momentum and get somewhere near to NAV, then happy days.

This is great news for regarding the buy back. £850k worth of shares they will putchase over the next few months, current MCAP is only a bit more then £4Million. There is only 1 way this share price is going and that's North.

You can buy on IG. They provide a quote so you can get inside the spread too.

£28.76 million mcap as of 10/02

Phoenix hold the following:

623 BTC = $29.64million

6794 ETH = $16.96 million

86396 SOL =$9.43 million

732899 OP =$2.46 million

Others $2.8 million approx

$4.19 million in cash & other investments

Total = $65.48 million

Total = £ 51.85 million

Equals 5.13p per share

Current price 2.98p per share

Trading at 58% of NAV. Share price to rise 72% to get to NAV, upcoming tender offer to buy at NAV!!

At these levels you would get a 72% return on your investment. Crypto is booming so could easily go higher.

Even if Crypto prices fall 40% they would still offer the NAV price so you would get your money back.

I doubt there is another crypto investment out there that offers that margin of safety and such upside potential.