Investment2 Oct 2020 13:58
I think it may be best to think of BLU as an investment trust. The company can only grow its income via the companies it invests in. i.e. indirectly via dividends or sales of its investment. In effect the companies become an unrealisable asset, as they lose any dividends (if any) when sold, or the asset value is turned into cash. Hopefully, BLU has invested in a fledgling google , which is sold, or ideally bought out by a predator (Paypal?) My own take on this share is that it takes 3/5 yrs to grow one of the companies invested in, to fruition. I am invested in BLU because i wanted a technology risk, were shares can increase very quickly.
Hopefully, we have an embryionic google and a very special dividend in 3 Yrs. Rodney.......