New Media Spark TMT ripe for recovery

I would expect it to settle around the 12p mark. Mergermarket and most of the other companies are all fairly solid and should continue to make progress.

I believe their 10% annual increase in NAV target is a good one. If one translates that into a 10% share price increase a year that is still not a bad return.

There is also the "chance" of a major uplift in one of the companies that will make the NAV jump considerably.

Buy-backs should also mean the gap between NAV and sp closes quickly. If they insist on buying up to 20% below NAV there is every reason to suspect that it could reach the 14p mark sooner rather than later although as stated about 12p settling price is more likely - still another 10% though :-)