Member Info for Midas3316

I’m sure Ed. Will give us the good news Wednesday. We will find out Leaps future path and value. Most hanging on for Leap to give some value

Barwickman. Autocomplete keeps changing it to Berwick. Lol. You forgot to mention the other two Diabetic Boot Company and Schoold. They were written off too.

Berwick. Don’t get me started about Moon. Thats always stuck in my throat. Sold it for a couple of quid profit to mates when Moon was making revenues in the tens of millions. Sold that to mates £500k who went on to sell it less than 18months later for £50m. Imagine if seed had received that £50m. Wouldn’t be in this Sh. 1 t predicament now.

TBH. I was expecting zero or a token £100k. It’s been on the books at zero for well over a year. Still a **** show. Was always a suspicious deal. Nobody would give Factom money yet a small investor in them like Seed invested their largest sum ever. £5m. Anyway. Wednesday will hopefully be the good news. Lol

Well it will pay for the staff Christmas party.

Ed did also say at last interview it was still on track for IPO Q3. Though that doesn't seem likely now, though hopefully we hear something interesting next week at the meeting

If you pay a couple more you can get a bit more info regarding owners etc

Leap annual reports are available online for a couple of Euros, they were posted online here about a week back

Pretty much hit the nail on the head . Many long term holders waiting for Leap before they cash in, it is probably the last chance of a large uplift in NAV upon news of a sale or listing. I imagine it will continue as a good steady fund, they failed the Private Equity game. I’ve done way better over the years in Private Equity than these clowns. Though I do think most investors in Private Equity are getting greedy now. Fair enough there is huge risks / though most can be offset against taxes with often a total failure only actually costing you around 25%. But in the last year or two unless the pitch doesn’t look likely to treble its value in 18-24 months or 7 or 8 fold in around 4 years they don’t want to know. Though people maybe better in an ETF for cannabis. Probably do just as well.

Director David Horner might have cashed a few in. He stopped buying earlier this year when it hit 50p. Might see a late trade

The NAV is around 55p so I'm surprised it has gone as high as it did before the drop. It has an 18% spread too. It probably is well overpriced now even after the drop.

LOL...Wadnob is going to race himself after he has sold IRR and back into SEED. Wadnob I think you are getting confused....It's not doggos's 'man seed' you are buying

I would go with Seed on the Factom valuation - zero. That £5m is already written off the books. Many waiting for Leap which is or was scheduled for Q3 IPO. Probably hear at the meeting.

That would add around 7p to the current NAV which is currently around 11p, taking it to around 18p and hopefully a share price of around 15p

It’s actually slightly less than the last report. It’s just over 11p right now. Most waiting and hoping for Leap to add to that.

You might have read my recent posts about AJ Bell. That’s why I don’t like to put in limit orders with them for a decent amount as once they start filling the order your money is stuck until the end of the day. Quite often mine has shown as part filled several times throughout the day and then it appears as an after hours trade with a trade time of around 4.50pm for the total amount - which makes me think that they are settling their own trades. I used to find them ok as I use them them for all international markets trades, but changed my mind after the message I got. Lol.

Plenty lined up in the coming weeks.

They are still happy to buy up to 200k. Quite high for Seed

The funnies one was I think schooled. It was completing an amazing deal he said and his best friend was directing it. It was written off a week later. Lol.

Quint