‘It acquired Fusion IP Group on 20 March 2014.’
“We firmly believe that the enlarged business will enhance shareholder value.” Source
So this is currently trading at c.40% discount to the most recent NAV per share of 110.6p
@gl196 do you think it is a good business? I realize I have to do my own research, but it would be interesting to hear what you think.
They invest in a lot of different start-ups and the most valuable & exciting company in their portfolio (around 1/4 of portfolio value) is Oxford Nanopore, which is on the verge of disrupting the DNA sequencing market
Oxford Nanopore Technologies Limited is a U.K.-based company which is developing and selling nanopore sequencing products for the direct, electronic analysis of single molecules.
I have a lot of exciting reading to do. Thank you.
IP Group seems like a VC for life sciences companies. I might butcher it. More reading to do.