trend breakout

This is breaking out of an 18 month downtrend. The fundamentals look good for this now getting into the advantages of scale and the lenders are happy to ease the covenants.

It should reach 90c on the initial run as it is tightly held and that SP is still a 10% discount to net assets. Should pay a final 3.5c divvy FF.

The buy side is starting to firm up as the brokers recommendations come out.