Portfolio company MicroSalt has issued material new news regarding receipt of several customer orders from B2B customers. This has led to a material re-rating of MicroSalt's stock. With MicroSalt being Tekcapital's single largest investment, the value of its 69% holding in MicroSalt alone now meaningfully exceeds Tekcapital's own market capitalisation. On current market prices, we estimate the value of Tekcapital's portfolio including loan notes at over 25p, a 62% discount to the current share ....
01 Nov 2024
SP Angel Technology Research: Tekcapital - Major Commercial Milestones (TEK LN)
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SP Angel Technology Research: Tekcapital - Major Commercial Milestones (TEK LN)
Tekcapital Plc (TEK:LON) | 9.0 0 0.0% | Mkt Cap: 19.1m
- Published:
01 Nov 2024 -
Author:
Simon Strong -
Pages:
5
Portfolio company MicroSalt has issued material new news regarding receipt of several customer orders from B2B customers. This has led to a material re-rating of MicroSalt's stock. With MicroSalt being Tekcapital's single largest investment, the value of its 69% holding in MicroSalt alone now meaningfully exceeds Tekcapital's own market capitalisation. On current market prices, we estimate the value of Tekcapital's portfolio including loan notes at over 25p, a 62% discount to the current share ....