RE: NAV £1512 Nov 2020 16:36
I make the NAV about £13 using last nights close for WSON and the end October valuation for the funds. I too have been a buyer recently and totally concur with your comments regarding the lack of clarity of the underlying NAV in the quarterly statements. I think that we might have to wait a good while for any underlying Corporate Action but as you correctly point out we are obtaining a very satisfactory yield in the meantime. Two further points: it is worth listening to the Hansa Trust webcast which they put up in September instead of the real AGM ( especially William Salomon re Brazil / Ocean Wilsons), and I am convinced that there has been a committed institutional seller (Standard Life?) over the past 3/4 months who was still feeding the market makers today. Accordingly they were able to accommodate some impressive buy side clips without really moving the price in a counter which has a pretty limited free float.