GREY:SCPZF - Post by User
Comment by
pmac2015on May 12, 2015 10:57pm
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Post# 23722323
RE:RE:RE:RE:Q1 Letter to Shareholders
RE:RE:RE:RE:Q1 Letter to ShareholdersYes, that period back in 2013 was quite bizarre. It shows how powerful a dividend is as a marketing tool. The investment strategy made less sense than today but the share price was above NAV.
More info on Union Ag. https://www.uag.com.uy/index.php
They own 130,000 Hectares of farm land (mostly soybean). So the position could be worth well above what it's marked at on the books.