RE: Am I....31 Dec 2023 02:16
I thought the biggest factor in INPP and other infrastructure prices is the interest rate trend. Lot's of talk about discount to NAV, but isn't the differential between dividend return and interest rates the biggest factor? INPP looks good as it increases dividends where other infrastructure funds are struggling to do so, coupled with the increasing likelihood that interest rates have peaked and will soon be heading down. I am just wondering what the interest rate needs to be to see share price recover to 170p,? I think 3% with a downward trend should do it. Not sure when that would happen but any progress towards it in 2024 will be very positive.