Member Info for AndyOJ2

Direction is very good. Luce keeps going up, more buying from the main shareholder and huge discount with NAV rising month by month. Share buy backs. Looks like one to tuck away for a couple of years and see what has happened.

Interesting moves. Sold 9% of Luce stake for £10M (12.5% of Market cap of whole business) and started to buy back shares. The massive discount has a chance of being unravelled if they buy enough shares - 10% of share buy backs would support a bit of a rerating and then still a lot of potential. This could be a great long term hold - spread as always is really offputting