It depends on the fund manager Tommy85. He and the company are under pressure to prove the invest is sound, the fund manager needs to do a report to the company every month to prove the investment is sound. You think about it, if they invest £10 million and make a small profit like 10% after 6-12 months (£1 million profit) then it is a reasonable investment. They need a stable and a company which is making profit rather than high risk.
We are pi, we are handle the paper loss but not the big boy because there is one person decision making and the loss is small compare to big amount.
I honestly cannot remember the last time VAL released such a promising RNS , a long way to go still but the statement appears to reflect the fact that all is going as expected. Lets hope its the turning point.
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