Never understood this....15 Sep 2015 23:15
Never understood NPT sp. It has half its value as cash in the bank, it pays dividends, doesn't borrow, yet the SP seems to lag many companies on the stock market which have no cash, tons of borrowings/recaps and has never turned over a penny. Surely this is a 15 - 20p share. Mind you I guess if they used some of their savings to buy up firms, then the sp might rise? Am I missing something here?