732 days ago
Sub scale technology investment waste of space company Vela (VELA) has today announced that it has hired a new PR and IR firm Novum to ramp its shares. Novum, aka my old pal Alan Green, I have a question for you about the gap in the website CV of your boss Brent Fitzpatrick, the one linking him to a convicted fraudster and jailbird.
3277 days ago
Vela (VELA) is a stock that we have tipped on HotStockRockets and it looks an interesting play. The shares are 0.2p and I reckon that NAV could well be in excess of 0.5p. Of course most of investments are illiquid private companies so the shares will always trade at a discount to NAV but the current discount seems excessive.
Broker Vicarage capital recently produced a note explaining what exactly Vela does. It is a useful primer