BHD 0.00% 22.5¢ benjamin hornigold limited

I know this is the extract from their recent update however I'd...

  1. 247 Posts.
    lightbulb Created with Sketch. 22
    I know this is the extract from their recent update however I'd like to hear some theories.

    Investment Strategy
    BHD’s prospectus allowed for a broad investment strategy and our intentions are to work within the parameters of that strategy in constructing and managing an investment portfolio for the company.
    We expect to commence cautiously, while building a relatively concentrated portfolio of our best 20 ideas. We may utilise low cost ETFs when seeking to gain broader market exposure.
    We expect that as we progress through ongoing litigation, the company’s funding requirement will decrease, and with the recovery of additional funds, allow the company to move toward a less conservative investment strategy.

 
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