In the latest edition of the podcast released this week, Jonathan Davis, editor of the Investment Trusts Handbook and winner of the 2024 AIC Best Broadcast Journalist Award is joined by Mark Boggett, CEO of Seraphim Space, the management firm for Seraphim Space Investment Trust (SSIT). The potential positives for this 2021 IPO trust are stacking up – not least the large projected boost to European defence spending – but the trust is caught in the sectoral trap of wide discounts. Could this nevertheless be its breakout year? Listen in for some good reasons why it mght.
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274: Mark Boggett
0:00:44 – How Mark became involved in the space business
0:03:22 – How SSIT fits into the overall scope of space venture capital activities
0:08:43 – The share price experience
0:17:37 – Clearing up misunderstandings on the focus of space
0:27:39 – A short break
0:28:45 – Risks and challenges as companies scale up
0:31:41 – The current difficulties with private equity
0:34:38 – Drilling down into the positions and performance of portfolio companies
0:43:36 – Hoping for positive signs in the next twelve months
0:44:24 – The need to sell holdings to raise funds
0:48:20 – Close
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