Ecofin Wtr.ord Share Price (ECWO)

I've bought these little bu**ers (twice!) and sitting on large losses. Don't altogether understand why they are performing so badly. Will hold, but I think JPM1604 is being optimistic - this is one for the great grandchildren!

Can't believe it, thought I was the only one who had these. Definetly one to tuck away for the long term. Bought these for my kids.

From Joanne Hart of the Daily Mail 23.04.11. I love looking at her tips! "Meanwhile, at Ecofin Water & Power Opportunities, two directors and their associates have bought nearly ten million shares for £11.7 million. EWPO was founded in 2002 and is one of the biggest UK investment trusts. The group invests in water, electricity and gas businesses as well as alternative energy groups. It buys shares and bonds in these companies worldwide and did extremely well until the financial crisis. Since then the stock price has floundered, falling from 190p in 2008 to 1261⁄4p today. Not only are the shares lower than they were three years ago, they are also trading at a discount of more than 30 per cent to their net asset value – the value of their investments. Directors believe the shares are incredibly cheap and have put their hands in their pockets to prove it. They bought their stock at 120p a share and the recent deals are their largest purchases since EWPO was created." Dividends now paid quarterly approx. 6p/share per annum, and one for the ISA.