RE: Current position5 May 2023 13:31
Topcatz - answer, as always, is once investors actually start receiving special dividends (as opposed to regular RNSs, announcing progress with TEK's holdings, yet failing (so far) to have ANY positive impact on TEK's share price.
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Afternoon Lol. Bit of Deja Vu here. We've more or less agreed to disagree, although I wouldn't be turning down a special divi.
I think TEK can easily be valued on it's companies - If you think back to higher SPs Bell was over a quid and Lucyd pre IPO was valued at $7. Tek still moves up with Bell, less so with Lucy as it's incredible volatile as we know, so investors can't value it at the $5 it regularly hits, thinking it could be $2.5/$3 a week later. That's why it's slower to react to Lucy price movemnets. This will change as lucy stabalises, which it will in time.
So, special divis are nice, but higher SPs through the listed portfolio companies is also nice and just as beneficial (remember we can all get out whenever we want).
Investors in the environment don't buy hype. They won't price in the value of the Microsalt float until the official RNS. As holders of TEK we know the probability of it happening is very high, but not everyone thinks the same.
Another extremely tired/knackered cliche but value will out in the end