Livermore Share Price (LIV)

Dividend announcement must be imminent. Going for 5p

Notice someone playing with silly trades to walk this SP up.

Hard one to call this; although dividend announcement/payments move here and are not fixed, no is the zone that any might be announced; inconsistent, but where they have made money they pay them out. The interims were a bit mixed, having lost $21 million, but mood music about selling out to reduce risk, and taking advantage of the current opportunities. Question is, have they? If they have, and whilst sitting on $40 million cash (half of their mkt cap), i can see 3c here. If continued to lose/struggle, zero. We shall see

I note a slow but upward SP appreciation on on this which i find curious/interesting. LIV is absolutely minimal on updates, and normally drifts lower in the 9 months post divvy, yet it's rising, contrary to it's normal pattern.

For me, its undervalued, but do wonder if this is just PI's looking at the headline yield buying in, or more fundamental knowledge/belief....

Just read the accounts; happy days.

This is an esoteric investment are, and not for punters, but this from the accounts, is all you really need to kniow:

"The Company had no single major financial instrument that in absolute terms and as a proportion of the portfolio could result in a significant reduction in the NAV and share price. Due to the very low exposure of the Company to public equities, and having no specific correlation to any market, the equity price risk is low. The portfolio as a whole does not correlate exactly to any Index."

Interesting one - I hadn't seen the divi in my account yet so messaged my broker (AJ Bell) to ask what was happening and they came back to say that Livermore sent them a cheque for the divi's and they are waiting for it to clear before allocating it out - somewhat surprised that anyone does this by cheque any more, but if you are in the same boat, this might be why.