Positive portfolio developments make the discount to NAV look anomalous
Thursday 14 Jan 2021 Author: Martin Gamble
IP Group ( IPO ) 100.8p Gain to date: 21.4% Original entry point: Buy at 83p on 15 October 2020 Since we turned positive on the developer of intellectual property-based businesses IP Group ( IPO ) , several positive developments have propelled the shares from a 15% discount to net asset value to the current 5% as estimated by Berenberg. The portfolio’s largest holding Oxford Nanopore has made good...