BHD 0.00% 25.5¢ benjamin hornigold limited

Ann: Net Tangible Asset Backing, page-2

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    I'm pretty happy with that. Considering that this is a high conviction play $1.005 is not a silly amount like $1.05 - which to me would be too much risk beyond what I want to feel in this thing which I have quietly held my breath on. It says to me that they are clipping away rather than throwing big amounts into positions. Paying thereabouts of $1.05 for the shares and for the Options around $0.20c is about on the money. Was curious what their thoughts on Australia were which looks toppy, esp if GDP comes in flat today, and volatile with the AUD.
 
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