Another fine week .
Thankyou Trinity Capital Plc .
£2 million provision ,cash £5.6 million .Sale of Assets £8.8 million .
New market cap value £16.4
Discount 10% leaves £14.5 post expenses ,with a current market cap Of £3.7 via LSE .That means about 16p for shareholders . A large proport more than the current 4p .
DO NOT MISS . Michael & Jeremy
Having bought large at 2p .One has done well and will hold til closure .
Worst case scenario 12p after expenses ..........Three bags within two months.Happy shopping.
The portfolio ;
Aortech
Rurelec
Churchill
Trinity
NuOg
PFP
Cyan
Regency
Magellan
The stragglers
Egpi
Enova
Metro Baltic
Sorbic
Black Sea
The market bull run to 2034 still intact ,possible pullbacks on the road .
Gold is still great Long term value at $1250 .
The provision won't turn into cash (just an accounting entry) and they've paid out £2.1m since your numbers. So your numbers are miles out!
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