One of the UK’s top tech entrepreneurs is again in charge of a listed company. Vin Murria has taken a stake and the reins of a new SPAC vehicle AdvancedADVT (ADVT).
https://news.sky.com/story/software-que ... l-12175856
She has a great track record of making money for her shareholders; so should one follow her?
Well, IMO, it is all a matter of Risk/Reward. Unlimited upside versus a possible downside of perhaps 20%. VM has said if no deal is found, then the cash raised would be returned. So, perhaps 95p back after a suitable length of time.
Looks to me like a very good small allocation spec @ 118p.
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A good Risk/Reward shell company spec...
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- 2 Lemon pips
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Re: A good Risk/Reward shell company spec...
This is an interesting speculative possibility. I posted about Marwyn Value Investors recently and I note that they are heavily involved in this venture by owning over 15% of the stock. In fact the company was born out of Marwyn Acquisition Company 1 in December 2020. There is a lot of comment on ADVFN including from the OP. I am not sure if Barclays (my broker) will trade these but I might try on Monday.
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- Lemon Slice
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Re: A good Risk/Reward shell company spec...
Hi everhopeful - ADVT had quite an active trading day yesterday, with a rush of small buys. Maybe got a mention somewhere; though haven't found one.
Yes, MVI in for a good chunk. Another reason for having a position there too; especially as they are already on a 32% NAV discount, with more ZEG upside to come.
Yes, MVI in for a good chunk. Another reason for having a position there too; especially as they are already on a 32% NAV discount, with more ZEG upside to come.
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- Lemon Quarter
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Re: A good Risk/Reward shell company spec...
everhopeful wrote:This is an interesting speculative possibility. I posted about Marwyn Value Investors recently and I note that they are heavily involved in this venture by owning over 15% of the stock. In fact the company was born out of Marwyn Acquisition Company 1 in December 2020. There is a lot of comment on ADVFN including from the OP. I am not sure if Barclays (my broker) will trade these but I might try on Monday.
AJ Bell/Youinvest won't, unless you ring them, although EQi will trade on line.
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- Lemon Slice
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Re: A good Risk/Reward shell company spec...
Hmm - I bought through YouInvest, no problem...though first had to ask them to list the company!
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- Lemon Quarter
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Re: A good Risk/Reward shell company spec...
SKYSHIP wrote:Hmm - I bought through YouInvest, no problem...though first had to ask them to list the company!
You're right, they do now seem to be available to buy on Youinvest...
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Re: A good Risk/Reward shell company spec...
All gone quiet here after the initial excitement. Anyone know what the talented Vin Murria is up to?
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