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Ledger raises c$100m at same valuation. Very impressive and great to see valuations (in this case) holding their ground :)
The wise idea is to bank the profit on the lack of news, and get back in later. I expect a strong retrace and get in at 10/11p me and chris said 12 would be a good entry but the price is dropping faster than i thought it would
Stroker any idea what it will be? mXCP often like giving juicy discounts as seen in CTP Chris has been very polite btw.
Thats the one! My brain is on xmas holiday already it seems.
Should re-trace alot on thin volumes, be interesting too see where the resistance is, i guess £6.5 mcap + mxcp premium of 20%.
I had a look on their website last nights, its very impressive. I think it may be new but not 100%. Roll on the next investment!
My v rough calculations based on shareholdings, cash, advisory business etc has a NAV of 62m therefore trading on a premium of 14% - doesnt seem bad at all given the growth these guys can generate from businesses. Look at CTP, RCN who have grown at a great rate. Any general feeling here about the overall valuation?
10% @ 6.5p plus 5% warrant exercisable for the same price. Plus 30k/year in advisory fees to MXCP nice profit already, albeit on a small cap company. 636k in NAV holding there
Anybody know how much of PINN shares MXCP own? Also keep checking the RNS' at 7 to see if MXCP have invested anywhere!
Thats good news and of benefit to MXC and thus MXCP. Also the 5% options to MXCP for CTP is also good news for this share. Gutting to see such a big pull back recently. Im surprised that they've sat on the £30m for so long but if it means they get the right investment then so be it.
Does this purchase preclude mxcp from announcing aquisitions for a given period?
Reading the woodford roundup on his income fund, it mentions alot of new companies which were assumed to be part of the wpct, hes probably put a proportion of these new investments in each one? aj bell, verseon idex etc
Great thanks for the reply, i did wonder if it was
Whats the aj bell ticker does anyone know - cant find it!
Thats great considering the initial set up costs etc. any ideas when we will get a full holding disclosure?
Thats great c
Ive spotted it on my HL account - a good company by all accounts, not specified if its the patient capital trust or his other - time will tell
I cant see woodford on any of the RNS'? Which one has the woodford link on?
Do you have to be an existing mxcp shareholder to take up this offer? Ive been into CTP for a while and a stake in the 'parent' company would be interesting Thanks
Much appreciated all, its great to see the cutting edge technology aswell, the finger print biometric cards look a winner!