IVZ media thread, page-6852

it was interesting to hear Scott’s comments about Mangwana capital still leading funding activity in the background.



On mangwana’s website they are fairly transparent about their strategy when it comes to assets, going so far as to say they will increase value then exit.




so it’s hard to say exactly where mangwana think they are up to in this strategy but at a guess it’s probably still in the “add value” phase. If they make a 10x on their ~15m shares from initial entry in May 2020 at 3.5c, their profits will certainly help them with other national projects such as building a gas power station and grid interconnects.

The fact they still have their shares shows they know the story isn’t over and they see value in continuing to hold.

I will be keeping a close eye on their movements to know when to exit and it’s not anytime soon.