New Opportunities Investment Trust Big discount to NAV

NOI is an investment trust which owns large chunks of well some known small cap shares, including 43 million (10%) ADVFN shares.

Global Energy, 7.15%
ZincOx (ZOX), 16.41%
Tecteon, 19.83%;
ID Data, (IDD) 18.85%;
Alltracel Pharm, 23%;
Enact Pharma (OFEX), 23%;
United Clearing (OFEX), 21%;
IBnet, 21%;
Envesta (EVS), 26.93%
Cellstone,
Netcentric, 17.9%;
Offshore Telecom, 26.56%;
Greenchip, 15.6%;
Enneurope, 25%;
Regen Therapeutics, 22.78%;
ADVFN, 14.9%
London & Boston Investments (LBN) 14%;
Sound Alert Technology (OFEX), 9.3%;
Sprue Aegis plc (OFEX),
YM BioSciences Inc (YMB),(4.1%);
Insensia (OFEX),
Latin American Copper plc (OFEX),
MAELOR plc (MLR), 1.8%;
GTL Resources PLC (GTL), 3.6m, holds 0.5m in NOI
Croma Group plc (OFEX),