Kelly possibly, PME ? Let your profits run ………….The problem with...

Kelly possibly, PME ? Let your profits run ………….
The problem with GC1 is not the portfolio at the moment, with the exception of a couple of small, less tidy, and more complicated “deals”, it’s consumer confidence based on previous portfolio management where a lot of small illiquid and wealth destroying investments were made, leading to the SP drop, and it needing to regain investor confidence. This won’t happen until those “complicated” or “complex” deals and small shareholdings in obscure or non profitable stocks are exited and the PF becomes better quality (overall) which will then lead to greater transparency and a confidence in the investor to buy. An incredible discount to NTA, but only useful if it closes !