Company update is encouraging on all their companies. Management value ( usually conservative) is now $1.61 on 11 Nov.

In the many pages about Site Minder is a number of over $400 debt at present. Is this something we need to worry about?

Is the IPO of Site Minder at $5.06 per share good value for prospective investors?

That is, should shareholders of BTI take up the offer to subscribe for shares in Site Minder?

BTI announced 19 October that it has increased its investment in Rezdy, a company with booking software for tours and activities. Value of Rezdy is now 9.1 cents / BTI share.

Rezdy is expected to have improved conditions post COVID.

Bailador Technology Investments BTI advises  the ASX on 18 October, that there will be an IPO  of Site minder before then end of this financial year.

The IPO revaluation of the Site minder shares of Bailador adds $0.12 to the NTA of BTI