EBI everest babcock & brown alternative inv trust

Posted on the 24th Laxey Partners another 5 % holder.Add to that...

  1. 955 Posts.
    Posted on the 24th Laxey Partners another 5 % holder.

    Add to that EBI themselves buying in the buy back.

    Merryl dropping some though looks like some kind of loan settlement thingo.

    Seems to be a lot more upside than down at the moment. It's trading at a 20 % discount to the NTA and in March their large div is due. Even though the market's have been rocky which has seen the NTA jump around you'd still expect the income from their assets to be flowing. As I understand it the income is always distributed and if they pay out 40 cents then we're sitting on 12.5 % (unfranked) for this one alone.
 
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