Have plenty of LLP, and may buy some more particularly if we see 11 or below again.
With LLP, ultimately its upside over the next year or two will be capped by LLC control IMO. It will only be when dividends are restored that this will return to anywhere near fair value. Thus, there will be time to top up on LLP when other stocks have risen providing cash flow and LLP still lagging. Just a gut feel on how things may unfold.
But its all about risk and reward... IMO, its real downside is limited by LLC's strategic interest, if we stayed at these levels for the next 6 months, then if I was LLC I would make an offer at 20 cents.
Thus, very happy to invest but I expect more patience will be needed on LLP than others that may bounce back quicker. And very happy to hold for the next 20 years and enjoy the dividends.
LLP Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held
