I understand that argument, but would you spend 20% of your income on life insurance? I personally would not.
Life insurance is not necessary if you are already wealthy. NST is a wealthy company. EVN is a far less wealthy company than NST, with reasonably significant debt, yet Jake Klein and his fellow directors are comfortable with EVN being hedged to about 5%. I would be delighted if NST emulated that approach.
Ann: March 2024 Quarterly Activities Report, page-11
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$15.81 |
Change
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Mkt cap ! $18.16B | |||
| Open | High | Low | Value | Volume |
| $15.64 | $15.85 | $15.61 | $43.85M | 2.778M |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3784 | $15.80 |
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| Price($) | Vol. | No. |
|---|---|---|
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