The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Testaccount66677, why worry investors about your perceived lack of growth when the SP has dropped to low-80’s? Surely better to bring up these concerns when the SP was over 10% higher not so long ago.
Malcolm12, the markets appear to be heavily manipulated atm. The drop into low 60’s followed by this unexplained rise back up to the 70’s… while admirable to buy and hold for the longterm, I think it’s good to also take opportunistic profits when you can.
I think it could be a very good investment but I’d like to know a little more about the assets held. Information on the website seems quite thin. The shares are at a significant discount to net asset value, which appear to remain fairly solid and currently give a 6.4% yield. The company is repurchasing the shares on a daily basis, over 3% so far since August, which it says will only reissue at a premium to the NAV, and to me this suggests an eventual rise in the SP is guaranteed.