Thats the quarterly for oceanic fund but its the January quarter.
It will be interesting to see what the fund did in april with the gdn percentage which they havent updated yet. GDN is there highest percentage holding they have for oil and gas.
In the quarterly report it is interesting what they say about the oil and gas sector.
The first sentence says;
"Our oil and gas positions all have extensive and fully funded drilling programs, both exploration and development, which should provide favourable trading opportunities." this is on page 11 of the january quarterly.
Then their largest oil and gas holding is gdn so they must consider what gdn has is pretty good value.
GDN Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
