Frontier Ip Takeover Rumours (FIPP)

Importantly if a pension company did purchase Frontier, following the pension reforms, it would not only be purchasing the current promising and discounted to nav portfolio. But it would be also be purchasing the valuable links to U.K. universities for future investments in university spin offs. Frontiers management team who seek and advise start ups are incredibly relevant to what pension companies will need to do when reforms are enacted. Frontier is unique in its approach to gaining extremely early stage access to investments. It’s highly likely in my view Frontier will be the subject of a takeover in the coming years from a pension company, which has the patience for the long term growth and motivation from pension reforms. It wouldn’t surprise me if this were the reason for the unusual delay in results.

Another AIM company I hold had some results which were later than expected last month (trinity exploration) - this was because it had received a takeover offer. Hope it’s the same here! With the recent pension reform announcements it could be attracting new attention… Although an offer of double the current share price wouldn’t get my vote, as the current share price is complete nonsense.