From a Maven email of yesterday:-
"Maven VCT 1 and Maven VCT 5 launch £30m joint share offers"
"We are delighted to offer investors an opportunity to subscribe for New Shares in one or both of Maven VCT 1 and Maven VCT 5, for the 2018/19 and 2019/20 tax years."
This seems to have been announced on 18th July, and opened on 26th September according to RNS documents on the Maven 1 site.
I already hold Maven shares, but the large bid/offer spread and wide discount puts me off making a fresh purchase.
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New Maven Offer
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scotia
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Re: New Maven Offer
Scotia
I agree completely.
Maven are a decent manager. But MIG5 spread of 32.8-35.8, and current discount (to bid price) of >14% is indefensible.
When there are other decent offers with much better discount management, this offer is not attractive. A shame, as the managers are good, and the fix appears straightforward.
Maven are now an outlier in this regard.
I agree completely.
Maven are a decent manager. But MIG5 spread of 32.8-35.8, and current discount (to bid price) of >14% is indefensible.
When there are other decent offers with much better discount management, this offer is not attractive. A shame, as the managers are good, and the fix appears straightforward.
Maven are now an outlier in this regard.
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