Why I invest in DundeeTurnaround is complete and company is now cash positive. So many shots on goals
- Decrease of the discount to book value
- Increase on the value of their junior portfolio. Believe this market will not suck forever.
- Increase in value of their current portfolio : these guys are good stock pickers in a bad market !!!
- New investments now that are not constrained with cash
- Dutch auction of their shares : they did it after DPM, so they will do it.
- A big return on either TauRx, Android or whatever else they have on their legacy portfolio
I always hear that management is the key in this sector : Goodman comes across as someone that does not bullshit and deliver results for shareholder.
GLTA