Great update Rich - Thanks as always as I know these things don't take just 5 minutes to put together - Regarding GFRD I work out they've returned around 15% to shareholders in 2023 - Pretty decent considering they've still got half the Mkt Cap in cash (which seems to mainly be done as a reassurance when bidding for work) - Thanks again and have a great weekend
The market has been coming off recently so it was bound to follow but with the S&P breaking out then I suspect the small caps will rally and LIO likely to then too imo
Great update Rich - Thanks as always as I know these things don't take just 5 minutes to put together - Regarding GFRD I work out they've returned around 15% to shareholders in 2023 - Pretty decent considering they've still got half the Mkt Cap in cash (which seems to mainly be done as a reassurance when bidding for work) - Thanks again and have a great weekend
15% return on top of a 50% rise in the share price would have been nice over the past 12 months in this market, or any market really.
You have a good weekend too
Any thoughts on LION ? It’s been dropping over last two weeks
Hi, I assume you mean Liontrust LIO ?
The market has been coming off recently so it was bound to follow but with the S&P breaking out then I suspect the small caps will rally and LIO likely to then too imo
Thanks yes, I meant Liontrust LIO
Wonder, if the dividend is sustainable if there is more pressure on it’s value