• BitHoncho posted an update in the group Group logo of BCAP PortfolioBCAP Portfolio 1 month ago

    It was mentioned in one of the previous NAV updates that if the trading price falls below 75% of the NAV value then Blockchain Capital might look at purchasing back the BCAP tokens from the market.

    In the next NAV update could we be updated if this still happens or that policy has been dropped?

    • It would be great if @brad or anyone from the BCAP team could comment on this. The current liquidity on OpenFinance is horrible and it’s trading at far below <75% of NAV. The last trade price was $1.30 which is closer to 50% off.