RE: Ahead10 Jul 2023 16:23
Im ashamed to say I still have a fairly significant (but not colossal) holding in KDNC and it is a share which always seems to be on the brink of greatness but never gets there somehow, despite a small crew of rampers/sycophants that try and keep the flame alive. Trouble is there are many investment trusts out there that are trading on 50%+ discount to nav, and if no one chooses to buy them, this fact and perhaps a dividend is all you have to keep you cheerful ! Lenigas is long gone now but he should always be steered well clear of. There has to be a damm good reason for people to start buying into this share and IMO this needs to be either selling stuff, offtake agreements or finance completely sorted...