Info for Newcomers9 Jun 2021 21:03
This should get you started, but of course always do your own research
Vela has zero debt, over £2 million in cash (25% of our Mcap) and produced a profit of £417k by the end of tax year 2020
James Normand (of AAA) become director in August 2020. Since then he has re-structured the company, sold off some deadwood and made new investments, creating what I think is a well diversified portfolio
The SGS oral Covid treatment trial is JN’s heaviest investment (£2m) and we are currently awaiting the “initial results”
JN has topped up on his investments in Mode Global Holdings and Cornerstone FS
Kanabo, one of JN’s most recent investments has proven to be an instant bagger, of which he has withdrawn his stake (plus profits). The remaining KNB shares are worth the approximate value of £200k
He has also made investments in the technology sector. MTI Wireless has recently had it’s IPO and Aeristech is awaiting it’s IPO
The chart is also looking pretty good for those who believe in this kinda stuff, haha
https://www.tradingview.com/x/JQQzh1aJ/
Good luck all