RE: Sp pullback5 Jan 2022 20:32
888. Agree with your points on Leap. Ed was pushing this £50m MCAP. for end of year 2021 (now early 2022). In that time scale Leap is the only possible holding that could achieve this increase. Current NAV is around 10p. If they were to get £20m for their share of Leap it would only increase NAV to around 15p a share, which at current discounts would probably give a share price of around 12p or so. So if he is to ever achieve this £50m mcap he will need NAV well in excess of 25p per share.