Interesting10 Dec 2014 16:42
Bought a few here.
Share price at about 24% discount to Net asset value - cheap.
Dividend yield nearly 5.5% per annum good hedge against deflation and in all events gives comfort and income.
Largest holding Lonestar Resources producing oil at 25 dollars a barrel and 142m dollars cash in the bank written
off by discount and represents just 12.4pct of portfolio.
Rest of portfolio in spread of a variety of energy, power, water, renewables, infrastucture all good companies.
So interesting