RE: This is being worked !4 Dec 2024 18:24
They are most certainly buys and I assume its Octopus averaging down. I am a little perplexed about their intentions overall. Its a massive exposure for an 'II', particularly where there are no other holders (I believe) anywhere near their holding. Octopus have a fairly diverse range of businesses within their group - "renewable energy, venture, health and care real estate and commercial real estate debt" (extract from their Group website). Anyone else think this is more than seeking to provide medium term returns for their investors?