Q: Hi Peter
this stock caught fire since late May
La Mancha has issued some statements but as layman could not
comprehend the significance of it
it EDV a good buy, to add or take profit ? thanks
Michael
this stock caught fire since late May
La Mancha has issued some statements but as layman could not
comprehend the significance of it
it EDV a good buy, to add or take profit ? thanks
Michael
5i Research Answer:
EDV's weighting in some indices has changed, and this has resulted in some buying. It has also seen some broker upgrades and has been buying back stock. It is based in the UK and not one we follow closely. Mancha has been reshuffling some gold assets but we do not expect EDV to be materially impacted. We would be OK owning it.