Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Advent Convertible and Income Fund T.AVK


Primary Symbol: AVK

Advent Convertible and Income Fund (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to provide total return through a combination of capital appreciation and current income. The Fund will invest at least 80% of its managed assets in a diversified portfolio of convertible securities and non-convertible income securities. The Fund will invest at least 30% of its managed assets in convertible securities and up to 70% of its managed assets in non-convertible income securities. The Fund may invest without limitation in securities of foreign issuers. Fund invests in various sectors, such as technology, financial, communications, energy, basic materials and other. The investment advisor of the Fund is Advent Capital Management, LLC.


NYSE:AVK - Post by User

Advent Convertible and Income Fund > yearly loss
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(0)
•••
Comment by PenniStockeron May 16, 2017 11:33pm
144 Views
Post# 26253159

RE:RE:RE:yearly loss

RE:RE:RE:yearly loss
Here is an excerpt from the news release / MD&A:

The company advanced the resettlement action plan (RAP) of impacted persons resulting from the future operation. Final urban planning approval for the extension of Kalana town is expected by Q3 2017, and this will allow construction of new housing and public infrastructure to commence when financing is available.

So they are not really shovel ready because they are still working with the community. Feasibility study discussed the need to relocate some graveyards too. CEO was told me there is a sacred forest too. 
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities