Chelverton Growth Trust Live Discussion

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SiJambo 18 Nov 2016

Re: Any Views? Well done chairman: Just lost 50% of value. On a par with 'doing a Ratner'!!'It would be my reasonable expectation that the share price would trade around the NAV of the Company as reflected in the report and accounts (currently 62.53p). Therefore, I see no fundamental reason for the current 108% premium to the NAV to be maintained.'

SiJambo 17 Nov 2016

Re: Any Views? Well look at that-how right you were! I wonder what the reason for this is!James

SiJambo 11 Nov 2016

Re: Any Views? Yes I would tend to agree with you-except that the annual increase over the last couple of years easily overrides the large spread! Not one to bet your house on!!James

marconiman 11 Nov 2016

Re: Any Views? Dunno why the spread is so enormous, but buyers are likely to have to wait an awful long time just to break even. And the premium of 97% makes the price very unstable - one spell of poor performance could send that crashing. So I would not recommend anyone to buy.

SiJambo 10 Nov 2016

Any Views? Does anyone have any views on this trust.Why is the Buy/Sell spread so wide?Thanks in advance.James

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