for us? given that the first tranches of cash from any realisation go to the brook macdonald people, under the agreed terms, i think we might start to see value realisations that benefit us in h2 2017/h1 2018. BUT the NAV will be marked up ahead of that from current utterly depressed level. So, I hope we move back towards 10p earlier in 2017. Things could go wrong - we need the macro to stay in tact - but we could also be +vely surprised by a particular juicy realisation price or some positive news out of mongolia (where things have been very difficult). the gearing of marginal assets like kincora to movements in sentiment and commodity prices is huge. hence things can happen very very quickly in terms of share price with a portfolio of assets like Origo's. good luck!
Yep, good China data this week, good move by copper price, court resolution / settlement a done deal but a catalyst which makes it investable / more investable to institutional guys...lots of progress across the portfolio to look forward to...( see full year15' RNS). It should mark up to 4p before ANY debate begins over longer term value etc.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.