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Pender Growth Fund Inc V.PTF

Alternate Symbol(s):  PNDDF

Pender Growth Fund Inc. is an investment firm. The investment objective of the Company is to achieve long-term capital growth from investment in opportunities identified by the manager. The Company utilizes its small capital base and long-term horizon to invest in situations, primarily small cap, special situations, and illiquid public and private companies. The firm invests in public and private companies based primarily in Canada and the United States, principally in the technology sector. The Company's manager is PenderFund Capital Management Ltd.


TSXV:PTF - Post by User

Post by prophetoffactzon Jun 07, 2024 10:43am
75 Views
Post# 36077493

Coppereaf

CoppereafPTF's May 28, 2024 news release:

"As at March 31, 2024, the Company held 6,739,883 shares of Copperleaf with a value of $48,190,163, which was 58.8% of the Company’s total shareholders’ equity of $81,968,955..."

Copperleaf is now $9.55 making the holding worth $64.37 million assuming none were sold. PTF's market cap is about $58 million. Meaning PTF could be selling at a 10% discount to the Copperleaf holding alone.   
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