Hi mbingo, I get that but the NAV was 25 cents before receiving the 10 million. I may be wrong but why does that discount the previous NAV by the amount received after?
As of 30th June approx 25 cents (20p ish), subsequent (after) 30th June a receipt of 10 million. The dividends are paid using the 10 million. Why should the price therefore drop to 8p if the 10 million is in addition to. 25 cent NAV?
Remember, total dividends so far are 111.6p
A total of 11 investments remain active with four being litigation related, four relating to special purpose vehicles ("SPV"), and three being non-litigation and non-SPV.
Those who've doubled their money are selling. Once they're gone it will be people buying for the divi so then it will rise. Just need to let the profit takers out first.
GG, ass you are a full time investor who works from 7am to 11pm, why have you only got 400 odd posts. I get it if you don't post much but why has that changed today?? Ummm something not right
GG, just curious. It always amazes me why people spend so much energy bashing a share. Surely you'd be better off using that energy investing in a share you do think is a good investment. There is no logic unless you want a cheaper entry or have nothing better to do with your time. Which is it in your case?