Molten Ventures Share Discussion Threads

[steeplejack] 01/2/2024 13:40

Goodbody stockbrokers bought 214,131 shares yesterday at prices between 238.6p to 256.6p and they then sold 37170 shares at 246 So they are now long of around 177,000.(NFU sold 16000 odd just to complicate things).So its a bit confusing because on balance we have more buys than sells to date but we will be getting further disclosures i presume.

[steeplejack] 31/1/2024 17:04

A rather badly handled large sell order late in the day by the looks of reported trades.

[kelster50] 31/1/2024 16:49

What just happened? On no news? Or in expectation of FOMC

[johnrxx99] 23/1/2024 08:32

And, on 17 Jan:-

Forward Partners Group PLC - London-based early-stage technology-focused investor - Says nearly all shareholders vote in favour of takeover by Molten Ventures PLC on Wednesday at court and general meetings. In November, Molten Ventures agreed to buy Forward Partners, backed by the latter's largest shareholder asset manager BlackRock Inc. Tech-focused investor Molten said that under the terms of the acquisition, Forward Partners shareholders will receive one new Molten share for each nine shares in Forward Partners they hold. In turn, Molten's 279.6 pence closing price on Friday values Forward Partners at GBP41.4 million. Molten shareholders will own just over 91% of the enlarged firm.

[johnrxx99] 23/1/2024 08:21

Interactive Invester have still not sorted out the problem of being able to trade GROW. What a shower.

I am not going to use the phone because I'm paying them to provide a service and I'll hassle them and GROW until it's sorted.

[kooba] 16/1/2024 14:35

https://tech.eu/2024/01/16/berlin-startup-pliant-adds-8m-to-series-a-round-and-secures-100m-debt-facility/Through the investment Molten Ventures now joins existing Series A investors SBI Investment, Alstin Capital, and Motive Ventures

[johnrxx99] 11/1/2024 07:50

Many thanks. I've sent ii a copy. Also overseas so the number they give is NFG.

[spectoacc] 11/1/2024 07:30

Particularly like when they tell you there's no KIID available and they won't let you trade it, yet you already hold it in your a/c.

But don't worry, you can pick up the phone and spend 5 minutes of your day instead.

[zangdook] 11/1/2024 07:24

No idea. It's incorporated in England and listed in London, so it's not an overseas stock as I understand it. I think it has a secondary listing in Dublin, but that doesn't negate the London listing. I've had idiot brokers refuse to trade stocks for spurious reasons before and this sounds like another case of that. You could try getting in touch with Molten and see if they can help:



One of the reasons I've had brokers refuse to trade a stock is that some companies have to publish a KID or a KIID or something and the broker simply couldn't be bothered to find the document - I sent them a link and although they were rather snotty about it they eventually started trading the stock again. In case that's the issue, here's Molten's KID -

[johnrxx99] 11/1/2024 02:51

Interactive Investor has told me this stock cannot be bought or sold unless they are given a phone call because it is missing essential documents for an oversea stock.

Does anyone know what they are talking about?

[sharesoc] 24/12/2023 15:54

Bill Fawkner-Corbett, Head of SIGnet, will host a SIGnet after-meeting on Molten Ventures PLC following their Interim Results presentation with IMC on 1st of December 2023. The after-meeting will be held on Zoom to enable members to discuss the company. The meeting will be chaired to provide structure and enable all members to take part. Click here to register:

[johnrxx99] 18/12/2023 09:22

I've got back in so probably down to 200p, LOL

[kooba] 15/12/2023 17:28

Rally backed by decent volume also encouraging.

[kooba] 15/12/2023 15:14

Looking positive , there is little overhead resistance from here to around 300p so you might be right.

[kooba] 14/12/2023 17:06

From your mouth to Santa's ears !

[its the oxman] 14/12/2023 11:52

Gonna break 300p for xmas hopefully.

[kooba] 14/12/2023 10:22

US tech rally is starting to draw attention to such bombed out sector participants..if the portfolio valuations hold up and general appetite for growth companies comes back strongly could be the start of bigger narrowing of the discount to nav.

[cordwainer] 08/12/2023 18:26

stop now, I'm fed up with form 8 / 8.3 / 8.5 whatever.

[riverman77] 01/12/2023 17:33

Yes should do ok in long term, although in this space I prefer those with plenty of cash - AUGM and MERC both look good right now.

[mwj1959] 01/12/2023 17:07

As they say "patience is a virtue..." Whether mental or not the LT risk / reward probably stacks in the patient's favour, which is how you have to approach all these large discount ITs, particularly those investing in illiquid assets.

[zangdook] 01/12/2023 16:08

the mental patient

[mwj1959] 01/12/2023 15:23

Little from today's presentation to make me think that the discount is going to materially shrink from here until the market backdrop shows clear and sustained signs of improving, so more realisations, NAV growing not shrinking etc. But to be honest, so long as the NAV doesn't plummet, we don't need it to move much to make a healthy return. An share price at £4, so still a 46% discount, would see the share price rise nearly 50%! One for the patient!

[zangdook] 29/11/2023 08:54

"Molten announces a conditional offer for subscription of up to 1,111,111 new Ordinary Shares via PrimaryBid"

Another angel number (if that's the term?).

[mike the mechanic] 29/11/2023 08:41

It's exactly £2.4M, was there a cap?
Very unlikely otherwise

At least Molten got the issue away when the price had spiked up

[zangdook] 29/11/2023 08:24

That's a very peculiar number. Maybe only one, rich, Chinese person subscribed.