In our note of 22 August 2019 covering a portfolio update of the same day we surmised that TMT’s NAV per share might be close to $3.40. Today’s interim results statement for the six months to June 2019 have come in a little ahead of that, with NAV/share of US$3.66, up 18.45% over the period. The Company’s cash reserves benefitted from the net receipt of proceeds of US$24.7m pertaining to the 2018 disposal of TMT’s investment in Wrike. Post period end TMT declared and p
