IntelliAM aiming for significant growth with £5 million Aquis IPO. Watch the video here.
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Black rock has been trimming holding which is probably the reason for recent tetrace.
Disappointing to see recent sp fall.
After sp rose to 420s - following good company report - I had hoped that the share would continue trading above 400 (or at least 390). Inevitably there has been some profit-taking - but I think share is much over-sold now, considering the company's prospects and potential.
Sorry if I jinxed it! I did sell a little more above 420p but disappointing to see another drop. I guess there have been a few more like me who were relieved to breakeven and have cashed in a bit.
GROW will rise again.
Congrats to you, I am still in the red but have started adding again since it crossed the 200MA.
I truly believe it's going to perform very well and I'd regret not adding more in the future.
Are planning to sell about £500m of employees stock at a valuation of 40bn dollars, which would be a 20% increase on their last raise in 2021.
So would value them at nearly double what MV are holding them at.
I believe there is some tension from investors that want to sell some of their shares in the same deal.
So could be an opportunity soon for MV to offload some either as part of the deal or on secondary market at a decent price.
Thanks for your perspectives, Steph, on MV as a long-term hold.
Good news ken
my break even is 5 but never-the less keen on grow as a long term hold.
so rebalancing at present to 2/3rds nav/share but will have another sharp leg up as soon as nav/share itself shows solid evidence if going ip again. that might occur with a trickle of portfolio specific news or at half yearly results in October. grow does not need a general market recovery for nav/share increases, just stability.
if the market itself turns and the late round and ipo market normalise. this will truly rocket.
i will wait for that before trimming to diversify. waited a very unpleasant 2.5 years after missing diversifying when we were above 11 quid. what harm now to wait a year ir two more?
I'm a long-term holder and have had to have great patience here as I've been in the red for a couple of years. However, I'm finally up again today at above 419p 🥳. I top-sliced earlier in the week but I have IQGeo money on the way and I'm happy with GROW's assets and position in an improving market so this is likely to become my largest holding again soon.
Good luck to all who are already in profit or long-term holders who are still waiting.
Article from a few days ago.
https://uk.investing.com/news/company-news/deutsche-bank-ups-molten-ventures-shares-target-amid-portfolio-stabilization-93CH-3546570
“Deutsche Bank raises Molten Ventures target to 662 (661) pence - 'buy'”
from grow news today
Barclays still have their target price at 330p, they have the diluted NAV per share as 660p
I have found this:
"Deutsche Bank raises Molten Ventures target to 662 (661) pence - 'buy'"
- though I can't find any link yet to the new Barclays pt.
Barclays appear to have raised target to 660. Was very low.
Modest enough but welcome. Recognition they had it wrong.
Sky news reported yesterday that the London Stock Exchange is in talks to license the retail capital-raising technology of portfolio asset, PrimaryBid, as well as its regulated dealmaking activities and key UK operations.
Hold grow and augm (which will top up).
Anyone here got any views on ipo, deep discount and similar size to grow?
I found that an informative and illuminating interview - not just about MV but also in the way the CEO talks about the whole AI-inflected business landscape - from an original and thoughtful perspective IMO.
Yeah that's Seedcamp III fund which they bought for £8.5m so a very small part of the overall portfolio.
Page 23. My interpretation of “we will not be needing to fund the following companies…”
So glad that I re-bought my hodling here a few weeks ago - and added some more shares yesterday.
I note 'The Armchair Trader' wrote this morning:
"Full year numbers are out from Molten Ventures [LON:GROW] today, noting gross portfolio value as being broadly flat but the per share NAV stands at 662p, around double the underlying share price. Management report a productive year and add that they expect to see a step up in realisations, which should put around £100m back onto the balance sheet this year. Shareholders however won’t be on course for a quick boost as the money will be used for NAV accretive opportunities."