Unwarranted discount for Seraphim Space Investment Trust

Seraphim Space Investment Trust (LON: SSIT) still trades at a significant discount to NAV even though the prospects for the space sector are excellent.

The investment trust gives investors the opportunity to invest in advanced space technology and the growing companies that are developing that technology. Seraphim Space IT floated at 100p a share in July 2021.

Defence and climate change are the two main drivers of demand and seven existing investee companies raised money at higher valuations than the previous fundraising. Family offices and non-specialised fund managers are becoming mor...

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