Pinned straw:
i think this one seems range bound between 1.10-1.30. Until the next big company they have invested in breaks out and /or lists on market or significantly re-rates in the private market and the listed market wants to place a premium on its unlisted value, this will continue to just be just seen as a Siteminder proxy. It’s a shame because there are few opportunities to invest in the venture capital space through a listed option.