INE india equities fund limited
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value and director buying

  1. gtsman_05
    3,311 Posts.
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    30/05/07
    13:19
    Post #: 2494420
    ASX code INES

    Anyone got any of this India Equities fund?

    Director has been buying (2 lots) (only $50k ea tho).

    The fund is yet to release an official NAV apart from the opening one 96.5c.

    Since commencement of the fund the Indian Stock Exchange has increased roughly 7-8%.

    INES is currently trading at 95.5c

    Small Opportunity, before new NAV is released mid June?

    At this stage i think they have only invested half of the FUM. So i'd be expecting a NAV of around $1 - $1.01
    INE Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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