Recent drop15 Dec 2010 11:56
I was wondering why the drop too - checked recent news and think its because of a few things the last week or so, not sure which of them will have most bearing on the price but 1) NAV is now around 109-111 from 113-115 2) on 10 December the General Meeting passed both proposals, so over 16 million new shares will be listed and 3) on 14 December they announced they issued 4,000 ordinary shares after the exercise of subscription shares.
All in all though, I think this is well worth an investment with all the assets, resources and upcoming events for Brazil.