Watford,
If you're right about recent events not really impacting on performance, then you'll be getting a great yield at $3. At $3.50 it was already near the 20% mark.
I've had my eye on the SP, and wondered whether to average-down the cost of my existing holding. Whilst tempting, it would be a long-term play. In contrast, there appears to be some striking bargains elsewhere at the moment with stocks that were hit for no reason other than investors wanting to convert shares for cash, offering higher potential short-term profits if & when the market settles into a non-panic mode again.
That said, EBI is getting more & more tempting ... especially the yield if you're right.
Cheers.
EBI
everest babcock & brown alternative inv trust
