RE: JV @ ProActive23 Feb 2022 22:50
There we have it.
JV, like the rest of us, is clearly frustrated with the market for showing no love towards MAFL despite an outstanding performance for such a small company.
A near 50% discount to NAV and with $3.5 mill coming in this year from just one investment of the many held.
This is sheer madness.
JV has to seriously consider paying a small dividend every year and I believe that may be one way the current madness can be corrected.
In fact, it may do wonders for the price.
Overall though, in the current economic cycle and rising interest rates, MAFL is surely well positioned to do very well. I can’t comment on the share price but the actual business should be rock solid.