Voya Asia Pacific High Dividend Equity Income Fund T.IAE

Primary Symbol: IAE

Voya Asia Pacific High Dividend Equity Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is total return through a combination of current income, capital gains and capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in a portfolio of dividend yielding equity securities of Asia Pacific companies. The Fund will seek to achieve its investment objective by investing at least 80% of its managed assets in dividend producing equity securities of, or derivatives having economic characteristics similar to the equity securities of Asia Pacific Companies that are listed and traded principally on Asia Pacific exchanges. The Fund will invest in equity securities and will select securities through a bottom-up process that is based upon quantitative analysis. Voya Investments, LLC is an investment adviser of the Fund.

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Voya Asia Pacific High Dividend Equity Income Fund

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Post by crow27on Sep 05, 2013 5:10pm

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Post# 21721249

Ithaca will be taken out way before Stella is complete

If the buyer does not take on some risk (buying Ithaca before Stella is complete) then he will be paying top dollar. These players are in the risk business so having Stella finished will mean nothing to them. If the project is meeting the schedule and the drill bit is good then someone is going to take this off our hands.
What will happen if our freebie drilling makes a big discovery???? Then you really waited to long!!
As shareholders we are in a very good position.
For every barrel of oil that Ithaca sells from our old hedging they are replacing it with $115.00 Brent hedges.
I like the way this is coming around. A few good trading days and we could easily be at that $3.00 SP

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