.....except that ...... 58% of the trust is held in only 3 holdings ..........3 month fall in sp whilst other resources trusts have been rising in same period....SAGE
Nice Inv Trust ..... plenty of action here then .......SAGE
alignresearch I had a look at this company because of this:[link] don't agree with the NAV claims regarding the non-quoted stocks. Fair value is around 8p of the quoted stocks (discount should be the norm). As for the unquoted stocks unless this fund manages to sell the unquoted stocks for 15p then the upside would be believed otherwise I would add a big fat ZERO to the NAV. The websites of these unquoted stocks show f all value.
SP hammered The GRIT trust started out with valuation of £1 per share, 12mths later the MM's are only paying £0.12 for them!!!All that's happening here is companies are selling their GRIT shares to MM's and the SP is going lower and lowerWho is actually going to buy these shares and why would you actually buy them????wr